Sunday, January 06, 2008

Perhaps I spoke too soon

During December, there seemed to be a "correction" on the currency market, wherein the US Dollar made a substantial one time rise against all major currencies, except the Chinese Yuan. This seems however only to be a delaying effort to keep prices from changing too quickly. In any case, it pushes the date back for many of my benchmarks.

Apr. 2008: 1 Euro > $1.50 US (no change, miscalculated last month)
Aug. 2008: 6 Swedish Kronor > $1 US (1 month later)
Nov. 2008: $1 Aussie > $1 US (2 months later)
Nov. 2008: 7 Chinese Yuan > $1 US (1 month sooner)
Mar. 2009: 900 Korean Won > $1 US (6 months later)
Jul. 2009: 30 Indian Rupees > $1 US (3 months later)
Jul. 2009: 100 Japanese Yen > $1 US (2 months sooner)
Aug. 2009: 1 Swiss Franc > $1 US (1 month sooner)
Jan. 2010: 5 Swedish Kronor > $1 US (1 month later)
Mar. 2010: $1 Canadian > $1.50 US (3 months later)

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