Archive | Currency Reports

Tags: , ,

Argentinian Peso

Posted on 07 April 2010 by admin

Argentinian Peso and the Big Mac Index

Argentinian Peso ETFs

Current Value of the Argentinian Peso

Comments (1)

Tags: , ,

Brazilian Real

Posted on 07 April 2010 by admin

Big Mac Index and the Brazilian Real

Current Value of the Brazilian Real

Brazilian Real ETFs

Comments (1)

Tags:

Currency ETFs

Posted on 07 April 2010 by admin

Currency ETF spreadsheet coming soon …

Comments (0)

Tags: , , ,

Swiss Franc Currency Report

Posted on 25 March 2010 by admin

Swiss Franc ETFs

You can simplify your currency trading by investing in the Swiss Franc using Exchange Traded Funds (ETFs). The symbol for the Swiss Franc ETF is FXF. The name for this ETF is the CurrencyShares Swiss Franc Trust. If the Swiss Franc is undervalued according to the Big Mac Index, buy FXF taking into account the Big Mac Index investing time-frame issue. Here is the description of FXF:

The CurrencyShares Swiss Franc Trust is designed to track the price of the Swiss Franc net of the Trust’s expenses, which are expected to be paid from the interest earned on the deposited Swiss Francs.

Swiss Franc ETF = FXF

If you think the Swiss Franc will appreciate against the dollar specifically you could invest in the SZE. This is a description of the purpose of SZE:

The ELEMENTS U.S. Dollar/Swiss Franc Exchange Rate ETN is designed for investors who anticipate that the Swiss franc will appreciate against the U.S. dollar. The fund tracks the performance of the U.S. Dollar/Swiss Franc exchange rate plus the returns received on overnight deposits in Swiss Francs.

Swiss Franc vs. Dollar ETF = SZE

Comments (0)

Tags: ,

Estonian Kroon

Posted on 17 March 2010 by admin

The currency in Estonia is the Estonian Kroon. I will be posting a Big Mac Index country report on the Estonian Kroon soon.

Comments (1)

Tags: ,

Chinese Yuan

Posted on 17 March 2010 by admin

Chinese Yuan in the Big Mac Index

Big Mac Big Mac Actual Implied PPP Valuation relative
Local Dollars Exchange Rate of the $ to the $
1992 6.3 1.16 5.44 2.88 -89%
1993 8.5 1.50 5.68 3.73 -34%
1994 9.0 1.03 8.70 3.91 -55%
1995 9.0 1.05 8.54 3.88 -55%
1996 9.6 1.15 8.35 4.07 -51%
1997 9.7 1.16 8.33 4.01 -52%
1998 9.9 1.20 8.28 3.87 -53%
1999 9.9 1.20 8.28 4.07 -51%
2000 9.9 1.20 8.28 3.94 -52%
2001 9.9 1.20 8.28 3.90 -53%
2002 10.5 1.27 8.28 4.22 -49%
2003 9.9 1.20 8.28 3.65 -56%
2004 10.4 1.26 8.34 3.59 -57%
2005 10.5 1.27 8.37 3.43 -59%
2006 10.5 1.31 8.03 3.39 -58%
2007 11.0 1.45 7.60 3.23 -58%
2008 12.5 1.83 6.83 3.50 -49%
2009 12.5 1.83 6.83 3.50 -49%
2010 . 1.83 . . -49%

Current Value of the Chinese Yuan

Chinese Yuan Renminbi Exchange Rate

Chinese Yuan ETFs

WisdomTree Dreyfus Chinese Yuan Fund (CYB)

WisdomTree Dreyfus Chinese Yuan Fund seeks to achieve total returns reflective of both money market rates in China available to foreign investors and changes in value of the Chinese Yuan relative to the U.S. dollar.

Comments (4)

Tags:

Greece

Posted on 14 March 2010 by admin

The Economist only reported data on Greece for the Big Mac Index in 1994, 1998, 1999, and 2000. The reason that Greece stopped being part of the Big Mac Index in 2000 is because they adopted the Euro on January 1st, 2001.

Greece Big Mac Index Stats

.

Big Mac Big Mac Actual Implied PPP Valuation relative
Local Dollars Exchange Rate of the $ to the $
1994 620 2.47 251 270 7%
1998 575.28 2.04 282 223 -26%
1999 647.244 2.34 276.6 246 -12%
2000 650.7165 2.03 320.55 267 -20%

Comments (0)