CEE Exchange Rates Report for September 9th – 12th
By: Zoe McLaughlin, The Quinnipiac University Economics Research Team
CEE Currencies Index
Source: Yahoo Finance and own calculations. Exchange rates are inverted to be USD per local currency (i.e., an increase indicates a stronger domestic currency) and then indexed to 100 at the start of the period.
During the week of September 9 – 12, the Czech koruna (red), Hungarian forint (green), Polish złoty (blue), and Romanian leu (purple) all saw slight increases in value relative to the United States dollar. The Hungarian forint recorded the most notable gain, rising by 0.49%. The Czech koruna followed with an increase of 0.42%, while the Polish złoty and Romanian leu rose by 0.19% and 0.12%, respectively.
CEE Currencies Historical Trends
Source: Yahoo Finance and own calculations. Exchange rates are inverted to be USD per local currency (i.e., an increase indicates a stronger domestic currency). The center line is a rolling three-month average. The upper and lower boundaries are the average plus and average minus one standard deviation, respectively, for the same three-month period.
The Czech koruna, Hungarian forint, Polish złoty, and Romanian leu are all trending upward against the United States dollar. The Czech koruna, Polish złoty, and Romanian leu are each approximately one standard deviation above their respective three-month rolling averages, while the Hungarian forint remains just under one standard deviation above its average.
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