Aug 30, 2024
Ranked: A Decade of Major Currency Returns 💰
What We're Showing
Annual returns of eight major currencies over the last decade (2014-2023). The data is from OANDA.
Key Takeaways
- Monetary policy, geopolitical events, and economic conditions all played a role in determining currency returns throughout the last 10 years.
- The U.S. dollar was the best-performing currency, taking the top spot in five of the last ten years.
- Ultra-low interest rates in Japan have caused the Yen to struggle, earning a negative return in 5 of the last 10 years.