2024 has been a challenging year for the world economy, as the emergence of armed conflicts in strategic geographic areas, such as Middle Eastas well as Russia’s continued invasion of Ukraine, have hit the global economy this year.
Likewise, markets such as oil, gold or cryptocurrencies have had a special role, especially in the last months of the year, which have been influenced by a greater demand for raw materials, as well as the second electoral victory of Donald Trump in the United States presidential elections.
(Read more: Trump promises permits for anyone who invests a billion dollars in the US).
One way to know the true impact of these factors on the world economy is the foreign exchangewhich have had an interesting behavior this year.
To find out the behavior of the different currencies in the world, Bloomberg compared the prices of different references between December 29, 2023 and November 29 of the current year. These were the results:
The most depreciated
1. Brazilian real: -11.2%
2. Mexican peso: -7.8%
3. Japanese yen: -5.8%
4. South Korean won: -5.5%
5. Hungarian Forint: -5%
6. Chilean peso: -4.9%
7. Swedish crown: -4.5%
8. Taiwanese dollar: -4%
9. Colombian peso: -3.8%
10. Norwegian krone: -3.6%
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The most appreciated
1. Argentine peso (relative to the Carnival Corp quote): 51.2%
2. Argentine peso (relative to the official US dollar): 42.4%
3. Turkish lira: 35.1%
4. South African Rand: 10.1%
5. Crown of Iceland: 7.6%
6. Malaysian ringgit: 6.7%
7. Bahraini Dinar: 6.7%
8. Saudi Riyal: 5.5%
9. US dollar: 5%
10. Pound sterling: 4.9%
11. Indian Rupee: 4.6%
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