Canadian CEO pleads guilty in U.
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For more details please check our Privacy Notice. The value of index is composed on an equally-weighted basket method which allocates the currency against its major counterparts over a selected period of time. Such a methodology is optimal for understanding the strength or weakness of global Forex currencies.
As many global currencies are used as a reserve or safe haven currency, the index tool allows you to assess the overall efficiency of your money savings. The end value of the index reflects the average return that is gained or lost if your currency portfolio consists of one single currency. By using the currency index tool, you can easily anaylze and evaluate yearly, quarterly, monthly, weekly trends on the currency market.
As is apparent from the chart above, the Japanese yen was the strongest currency in year and gained on average 30 per cent against its major counterparties. The US dollar was also one of the strongest currencies. Despite losing 10 per cent of its value by March, it recovered by August and appreciated by 10 per cent on year-to-date basis.
The Swiss franc was the most stable currency and its value didn't change much over the year. The Euro and Pound lost their ground in , weakening by 10 and 20 percent respectively. Log in Demo platform Demo reports Live platform Live reports. Cryptocurrency services Range of markets Overnight Policy. Trading Fees Margin requirements.
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