Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,520.36
(
0.02%
)
US TECH 100
29,109.60
(
-0.23%
)
Dow Jones
50,644.28
(
0.36%
)
Brent Oil
93.89
(
1.57%
)
Bitcoin
73,284.98
(
-2.14%
)
News Focus
News Focus
Post# of 33753
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

latin blood

Send PM Follow Ignore
Followers 5
Posts 352
Boards Moderated 0
Alias Born 12/28/2006

latin blood

Re: Penny Lane post# 18088

Monday, 10/27/2008 4:51:22 PM

Monday, October 27, 2008 4:51:22 PM

Post# of 33753
I don't have links, but this is an approximation:

- dollar peg to the peso of 1 to 1 for 10 years, thru Dec 2001;
- Jan 2002: 1.8 pesos for 1 USD;
- Dec 2002: 4 pesos for 1 USD;
- 2003-2006: went down and it stabilized at 2.8 pesos for 1 USD;
- current: 3.29 pesos for 1 USD;

The currency is highly manipulated in the last 5 years by the Central Bank though. The brazilian real has had a rate set by the free market in a higher degree.

Do your own DD!!

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today