Comments
HurinofLammoth t1_j3nzepk wrote
Venezuela has left the chat
Porchie12 t1_j3ojlwc wrote
I can't say that I am an economist, but when Afghanistan is at number 1 spot, and Somalia is in top 10, then your country also being high up doesn't look like a great sign.
Slow-Substance-6800 t1_j3oxqbq wrote
I feel like it’s more so that those currencies were really low and recovered a little bit, more than any other currency could have
thunderBerrins t1_j3q5cis wrote
It’s very strange to me that Afghani currency went up so much. Does anyone know why?
l86rj t1_j3q658c wrote
In Brazil this was unfortunately just a minor "correction". 10 years ago 1 US dollar would get you less than 3 BRL. Now it's getting you more than 5. I wonder if this is just here or is the USD higher everywhere?
Ursinorum t1_j3q6ujf wrote
Argentina didn't get the e-vite
HieronymusGoa t1_j3ql1u2 wrote
the SHADE :)
himmmmmmmmmmmmmm t1_j3qqk6e wrote
Shut up and take my money ! now where did I leave my Microsoft office paper clip?
urgjotonlkec t1_j3qsdjo wrote
You want a stable currency. Huge changes in value definitely aren't desirable although it's better for your currency to go way up than way down I guess.
jrm19941994 t1_j3qv5nd wrote
It crashed vs USD and the bottom of that crash was Jan 2022
gmuslera t1_j3qv5vt wrote
Causality is different for the different currencies there, some had a huge drop at the end of 2021 and then recovered at the very start of 2022, others had an steady grow over years, and there are more patterns depending on the currency. Is not so easy to reach accurate conclusion just based on that.
jrm19941994 t1_j3qv85d wrote
USD has been relatively strong this year vs eurozone and asian currencies.
l86rj t1_j3qx93z wrote
But nothing close to 2x stronger, I suppose. So, I don't know about other LatAm countries, but Brazil has nothing to celebrate in regards of currency.
igivenobrake t1_j3rfmx7 wrote
Wait to see Brazil now that Lula de criminal will destroy the country
[deleted] t1_j3rnh22 wrote
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ar243 t1_j3s5ghr wrote
Yeah... It's a little tiring seeing the same LatAm posts with fishy data and headlines.
Last time it was "Denver is more dangerous than Mexico City". Now it's "LatAm currencies are doing so well". These posts need more context to get out of the clickbait-zone.
And OP's response is always the same: "We just show you the data". Bruh, it is your responsibility to make sure the data is solid and doesn't take things out of context.
It's great to see data that shows improvement, but I associate suspicion with these posts instead of happiness now.
dog_eat_god t1_j3seauz wrote
Sketchy Latinometrics at it again. I didn't even know cherries was a major crop there because you're really good at picking them. Show us how those currencies did over the last decade, not just a year.
B4rtkartoffel t1_j3sigi9 wrote
Colombia about to file a lawsuit against the chat
LordFaquaad t1_j3spvq1 wrote
It's due to the debt the country has partly due to the fifa world cup. It's the main reason they have that nationalist guy as president
[deleted] t1_j3ty1no wrote
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[deleted] t1_j3veq8g wrote
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latinometrics OP t1_j3nxpes wrote
Source: Google Finance
Tools: Excel, Rawgraphs, Affinity Designer