The list below is the historical rate table relative to the US dollar, currently the most traded currency in the world. The exchange rate shows the value of one currency in another. The exchange rate between two currencies fluctuates over time. The value of the currency relative to the third currency can be obtained by dividing one US dollar with another. For example, if there is ¥ 120 against dollar and EUR1.2 against dollar then the amount of yen per euro is 120/1.2 = 100.
The magnitude of the numbers in the list does not indicate, by itself, the strength or weakness of a particular currency. For example, the US dollar can be fixed tomorrow so that 1 dollar is worth 100 dollars long. Then all the numbers in the table will be multiplied by a hundred, but that does not mean all the world's currencies are becoming weaker. However, it is useful to see the variation over time from a certain exchange rate. If that number continues to increase over time, it is a strong indication that the economy of the country or country that uses the currency is in a less powerful state than the United States (see for example, Turkish lira). Advanced economic exchange rates, such as Japan or Hong Kong, against the dollar tend to fluctuate up and down, representing relatively short-term economic strength, rather than moving consistently in certain directions.
Data are taken at various times of the year or may be on average throughout the year. Some data for 1997-2002 refers to the rate on, or close to, January 1 of that year. Some data for 2003 refers to tariffs on May 28 for countries beginning with A-E, and June 2 for F-Z registered countries. The exchange rate may vary even in one year and the current rates may differ significantly from those shown here. Lector warning.
Video Tables of historical exchange rates to the United States dollar
Table for 1850 to 2000
Maps Tables of historical exchange rates to the United States dollar
Table for recent years
See also
- The Bretton Woods system for a further exchange rate from 1945 to 1971
- The gold standard for the exchange rate is around 1900 for the currency using the gold standard
- The fixed exchange rate to euro
- Currency pairs
- ISO 4217 currency code
- The historical exchange rate of Argentinian currency
Footnote
References
- http://investintaiwan.nat.gov.tw/en/env/stats/exchange_rates.html
- This article incorporates public domain material from the CIA World Factbook website https://www.cia.gov/library/publications/the-world-factbook/index.html.
- The 2003 data is taken from the Pacific Exchange Rate Service
- The chart back to 1969 was generated using data from the Reserve Bank of Australia
External links
- Historical Exchange (Charts and Tables, 1971-present)
- Foreign Currency Unit per 1 US Dollar, 1948 - 2007
Source of the article : Wikipedia