Currencies
Currency holds the key to any economy. Our research team have a close look on the worldwide currency movement. We take our call on currency after careful consideration of every aspect including Macroeconomics as well as microeconomics.
Some factsheets
GBP/USD : The GBPUSD lost 0.0926 or 6.02 percent during the last 12 months from 1.54 in February of 2015. Historically, the British Pound reached an all time high of 2.86 in December of 1957 and a record low of 1.05 in February of 1985.
EUR/USD : The EURUSD lost 0.0228 or 2 percent during the last 12 months from 1.14 in February of 2015. Historically, the Euro Dollar Exchange Rate – EUR/USD reached an all time high of 1.87 in July of 1973 and a record low of 0.70 in February of 1985. The euro was only introduced as a currency on the first of January of 1999. However, synthetic historical prices going back much further can be modeled if we consider a weighted average of the previous currencies.
USD/INR : The USDINR gained 6.202 or 9.97 percent during the last 12 months from 62.22 in February of 2015. Historically, the Indian Rupee reached an all time high of 68.46 in February of 2016 and a record low of 7.19 in March of 1973.
USD/CNY : The USDCNY gained 0.268 or 4.29 percent during the last 12 months from 6.25 in February of 2015. Historically, the Chinese Yuan reached an all time high of 8.73 in January of 1994 and a record low of 1.53 in January of 1981.
USD/JPY : The USDJPY lost 4.64 or 3.92 percent during the last 12 months from 118.47 in February of 2015. Historically, the Japanese Yen reached an all time high of 306.84 in December of 1975 and a record low of 75.74 in October of 2011.
