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by NicoJuicy 1862 days ago
Which currency lost 4/5th of it's value ( 20 k to 4,5 k) till covid started over a couple of years?

That's not "a few basis points"

1 comments

An absolute massive amount? Just checking my local currency (SEK) against the USD that was in 2014.

Also losing 15% against the DKK which regular people use to shop just a 25 min ride from here.

Currency fluctuations are not uncommon and can be very significant.

You're talking about a span of over multiple years. I just checked BTC and it even dropped 11,51% in 24h.
What is the maximum daily fluctuation you're comfortable with, for any currency?
In stable markets or mismanaged ones?

Currency is a representation of the market it represents. Not from memes of billionaires.

Is that so hard to understand?