Trick question Which of the following performed the worst against the US dollar year-to-date Australian dollar, New Zealand dollar, or the Philippine peso
Yes, you cheated by consulting a Bloomberg screen but you are right about the kiwi dollar. Here is the complete list of the unpopular currencies with their respective percentage slips from the dollar
- Zimbabwe Dollar 43.06%
- Romanian Leu 26.48%
- Indonesia Rupiah 24.63%
- New Zealand Dollar 23.46%
- Philippine Peso 22.27%
- Australian Dollar 21.49%
- Ecuadorian Sucre 20.99%
- Turkish Lira 20.64%
- Hungarian Forint 19.12%
- Greek Drachma 19.00%
As can be seen above, one has to hand it to the peso despite the countrys natural and man-made disasters, it...