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A look at this year’s performance of national currencies

A look at this year’s performance of national currencies

Quick Take

  • 2020 has been a turbulent year; even for national currencies
  • In March, USD was the strongest since January 2017 and since then, it has dropped to the lowest point since April 2018
  • Out of the top 20 currencies, only six underperformed the U.S. dollar in 2020 — INR, MXN, ZAR, RUB, BRL, and TRY
  • Due to the falling dollar, neither EUR, GBP nor JPY all-time highs have been breached this year yet; JPY by more than 10%

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Author: Larry Cermak


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