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Monday, February 13, 2017

5 Best and Worst Performing Currencies for the US Dollar

5 Best and Worst Performing Currencies for the US Dollar

 

The new year seems to have started on the right foot for the US dollar. Eventhough the strong US dollar continues to be a noticeable prediction of future confidence, it also indicates concern for other countries.

"Most analysts expect the US currency to strengthen in 2017, extending a gain that has boosted the value of the dollar by more than one-third since the U.S. credit downgrade in 2011," according to Wall Street Journal

To give you a better perspective we've put together a list of the top five best and the top five worst performing currencies from the beginning of this year until now (YTD), and from last year until this year (YOY). 

Best Performing Currencies

Currency Code Currency per USD YTD % Chg YOY % Chg
Lebanese Pound LBP 1511 +2.65% +2.64%
Icelandic Krona ISK 115.16 +2.12% -11.70%
Mexican Peso MXN 21.0503 +1.64% +14.09%
Sri Lankan Rupee LKR  147.23 +0.62% 4.79%
Argentine Peso ARS 15.9479 0.55% 15.41%

 

 

Worst Performing Currencies

Currency Code Currency per USD YTD % Chg YOY % Chg
New Zealand Dollar NZD 1.3698 -4.97% -10.94%
Australian Dollar AUD 1.3194 -4.91% -7.57%
Korean Won KRW 1,156.84 -4.10% -3.28%
Norwegian Krone NOK 8.2972 -3.86% -4.47%
South African Rand ZAR 13.2258 -3.52% -19.16%

 

 

 

 

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Posted By Jacquelyn McMullen at 12:00 PM
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