The US Dollar is Sinking!

BBC

I've been thinking of making this post once I gained internet access in my apartment. So I found it kind of funny that the first thing I saw when I opened Mozilla was this BBC article. This article is like a little conglomeration of my interests. It has currency issues, feminism, and South Korea.

Anyway, the main intention of this post was to detail how much the US Dollar has changed. I'm doing this by looking at when various world currencies passed certain benchmarks (based on monthly average value) against the dollar.

Nov. 2002: 1 Euro > $1 US
May. 2003: 8 Swedish Kroner > $1 US
Nov. 2004: 1100 Korean Won > $1 US
Jan. 2006: 1000 Korean Won > $1 US
Jul. 2006: 8 Chinese Yuan > $1 US
May. 2007: 2 Brazilian Real > $1 US
Jul. 2007: 1 British Pound > $2 US
Oct. 2007: 6.5 Swedish Kroner > $1 US
Oct. 2007: $1 Canadian > $1 US
Oct. 2007: 40 Indian Rupees > $1 US

My estimates for future values (monthly averages):
Jul. 2008: 1 Euro > $1.50 US
Sep. 2008: 900 Korean Won > $1 US
Oct. 2008: $1 Aussie > $1 US
Oct. 2008: 6 Swedish Kroner > $1 US
Jan. 2009: 7 Chinese Yuan > $1 US
Apr. 2009: 30 Indian Rupees > $1 US
Jan. 2010: $1 Canadian > $1.50 US

These dates might seem far off, but the decline of the US Dollar has accelerated the last few months, so these rates might come much sooner than expected.