This update comes a bit early since May 31st is a weekend, so there's no update in the exchange today. Not much changed this month except for the Korean Won. In fact, it passed the 1000 mark this month, but my regression model has it not happening until July. I'll leave it on here to see what happens. Also, although the model predicts the Yen benchmark being met next month, the Yen has actually fallen in value the last two months, so it seems unlikely to happen.
In other news, the Mexican Peso has started to rise in value, so it now has its own benchmark.
Jun. 2008: 100 Japanese Yen > $1 US (unchanged)
Jul. 2008: 1 Swiss Franc > $1 US (unchanged)
Jul. 2008: $1 US > 1000 Korean Won (5 months sooner) already achieved
Dec. 2008: $1 Aussie > $1 US (1 month sooner)
Feb. 2009: 1 Euro > $1.75 US (unchanged)
May. 2009: 5 Swedish Kronor > $1 US (1 month sooner)
Sep. 2009: 6 Chinese Yuan > $1 US (1 month sooner)
New Benchmarks:
Jul. 2009: $1 US > 1100 Korean Won
0ct. 2009: 10 Mexican Peso > $1 US
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