Exponential Global Currency Comparison
This is a Exponential Global Currency Graph Comparison (with a focus on India and China)
These are all the "major" world currencies going back to about the early 1980's for the larger "population" countries and also a few of the more interesting places like Brazil, Egypt, Turkey, Russia, Philippines, Australia, Japan, and Mexico and more typical larger population areas like the "Euro" and (India and China).
Its interesting to point out that just about all the worlds currencies have had about a -400% decrees in value of the $USD over the past 40 years or since the early 1980's.
If you look at the "log" or "exponential graph" you can see clearly that the exchange rates for the $1 USD to "any other major world currency".
The "typical" exchange rate is about 7 to $1 up to about 100 to $1 with a more typical range for "developing or poor" countries being around 25 to $1 to 100 to $1. And most of the others being 7 to $1 or 5 to $1. This may all change soon?
This suggest that you can typically get about 4x of any other major world currency for $1 USD over this 40 year period going back to the 1980's. This will likely change!
These are all the "major" world currencies going back to about the early 1980's for the larger "population" countries and also a few of the more interesting places like Brazil, Egypt, Turkey, Russia, Philippines, Australia, Japan, and Mexico and more typical larger population areas like the "Euro" and (India and China).
Its interesting to point out that just about all the worlds currencies have had about a -400% decrees in value of the $USD over the past 40 years or since the early 1980's.
If you look at the "log" or "exponential graph" you can see clearly that the exchange rates for the $1 USD to "any other major world currency".
The "typical" exchange rate is about 7 to $1 up to about 100 to $1 with a more typical range for "developing or poor" countries being around 25 to $1 to 100 to $1. And most of the others being 7 to $1 or 5 to $1. This may all change soon?
This suggest that you can typically get about 4x of any other major world currency for $1 USD over this 40 year period going back to the 1980's. This will likely change!
Comment:
Its very important to notice how STABLE the Chinese Currency is relative to all the others... How is this even possible? :). Congratulations!