Trends

Mint Map: World Currencies in the Recession

Written by Mint.com
Published Jul 16, 2009
1 min read
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We’re all familiar with the US Dollar’s struggles during this economic downturn. However, it is necessary to put its ups and downs into perspective with the other major world currencies to get an accurate picture of the actual fluctuations in rates of exchange. The National Bureau of Economic Research declared the official start of the recession was in December of 2007, so we have compared exchange rates from June of 2007, just before the recession came into full effect, and June of 2009. All currencies are expressed as a percentage of change in relation to the US Dollar. Our latest map takes a look at how the world’s currencies are faring during this recession.