Replies to post #391751 on Zeev's Turnips Patch-No Politics (ZEEV)

[travllr]

Force of Individuals Swept Japan Market in FY04

(Analysis) Individual investors targeting fast-moving small-cap stocks drove up the value of the Tokyo Stock Exchange US$11.05 billion in the year ended Thursday, exceeding previous 16 year-old record.

http://www.investing-news.com/artman/publish/article_718.shtml



But wait, there's more . . .


Is The Sun Finally Set to Rise on Far East?

(Analysis) AFTER two false dawns, the tide is turning in favour of the Japanese economy. That is the view of an increasing band of Far Eastern fund managers, looking to the country's equity markets for rich pickings.

http://www.investing-news.com/artman/publish/article_798.shtml


trav

[crusader4truth]

Zeev, that is a very curious question, If I may ask, what are you trying to ascertain by the question? i.e. what will the ratio tell you If it in fact is 3:1 vs 10:1 or 1:4?

[Culmus]

Well, here the war years are only fractionally available:

http://fraser.stlouisfed.org/publications/bms2/page/265/1340/download/265.pdf

Maybe I'll find something better.

[crusader4truth]

Zeev, the Dollar exchange rate was 4.97 until sept 1949 when it was changed to 7.15 a 43% devaluation...
http://64.233.167.104/search?q=cache:OAc1LprJhbAJ:www.norges-bank.no/stat/historiske_data/en/hms/c7....

start on page 10

[Culmus]

Here once more, you've got to have Adobe Acrobat Reader installed on your computer in order to open it:

http://fraser.stlouisfed.org/publications/bms2/page/265

[porter]

Z--

Perhaps you have seen this already . If not it's a start. You'll need to do the Euro conversion. The Bretton Woods agreement creates a mess for you as you'll soon see. There is quite a spread between 1942 and 1946.

http://www.insee.fr/en/indicateur/achatfranc.htm


Look for first chart in middle of article below for Belgian franc:

http://www.gold-eagle.com/editorials_00/tlaga121100.html

--P

[gottfried]

Zeev, here you can enter the year[s] for which you want the exchange rate. http://www.eh.net/hmit/exchangerates/

PS: I googled for 'historic exchange rates' and found it on the second results page.

Gottfried

[Fridolin]

The requested exchange rates can be obtained from the following info:

http://www.bcb.gov.br/htms/Seminarios/3anosMetasInflacao/KennRogoff.pdf  
 page 55  
 Belgium, May 10, 1940–October 5, 1944. Pegged to Reichsmark 
  
 http://www.norges-bank.no/stat/historiske_data/en/hms/c7.pdf  
 Historical exchange rate data 1819–2003  
 Norwegian speciedaler 
 1940 Dec 
 USD 4.400 
 DEM 176.75          [1.7675?  -  1 USD = 2.49 DEM] 
 BEF   71.50         [0.7150?  -  1 USD = 6.15 BEF] 
  
  
 Originally, after the exchange of 1 trillion Mark = 1 Reichsmark in Nov 23 the new  
 currency was pegged to the dollar at the exchange rate of 4.20 (http://www.uni-erfurt.de/ 
 finanzwissenschaft/konf/Beitr%E4geHistSchools/Stadermann260602.pdf page 13), but  
 the Hitler government increased its official value and introduced multiple exchange  
 rates. 
  
 http://www.bcb.gov.br/htms/Seminarios/3anosMetasInflacao/KennRogoff.pdf   
 page 68  
 Germany, July 13, 1931–April 1945. Multiple exchange rates   
  
 http://www.globalfindata.com/frameset.php3?location=/gh/124.html  
 After the Nazis seized power, Germany increased the official value of the Reichsmark,  
 but allowed several “free” Mark rates to persist, all of which traded at substantial  
 discounts to the official value of the Reichsmark. These included the Registermark  
 (DERR), arising from foreign claims consolidated in 1933 and utilized for traveling,  
 investments in Germany, etc.; the Reisemark (DERR) for tourists; the Kreditsperrmark  
 (DERK), which arose from credits not subject to “Standstill” agreements and from sales  
 of property belonging to foreigners; and the Effektensperrmark (DERE), arising from the  
 sale of securities in Germany. The Kreditsperrmark and Effektensperrmark were  
 consolidated into the Handelsperrmark (DERH) in 1939. All of these account currencies  
 fluctuated in value according to supply and demand.