![]() ![]() Unfortunately, our data are at a monthly frequency only. ![]() Finally, using GDP from Wikipedia’s List of regions by past GDP for Europe: 1830–1938 (Bairoch) as weights, we calculated the index using the 1925 GDP value for the time interval 1926-1937, and the 1938 GDP value for the time interval 1938-1953. Secondly, to determine the exchange rate of USD to other currencies (denoted as XYZ), we applied the basic formula:Īs we obtained the monthly exchange rates, we calculated monthly performances for every pair USD/XYZ. Firstly, we collected monthly exchange rates of the Swedish krona (SEK) to several historically relevant currencies: US Dollar (USD), Deutschmark (DEM), Pound Sterling (GBP), French Franc (FRF), Belgian Franc (BEF), Swiss Franc (CHF), Dutch Guilder (NLG), Danish Krone (DKK), Norwegian Krone (NKK), and Italian Lira (ITL). The data from 1926 to 1953 were obtained from. To create the 100-year history of the Dollar Factor we’ve combined multiple data sources: How to build a 100-year daily history of the Dollar Factor? Therefore, we have collected multiple data from 1926 to help us extend historical data for the Dollar Factor. ![]() However, the historical data of DXY cover only the time range from 1971 until the present. To some extent, it reflects the US economy relative to the rest of the world. The Dollar Index goes up as the dollar strengthens compared to the aforementioned currencies. Currently, the six foreign currencies are used for the calculation of the US Dollar Index (DXY): Euro (EUR), Japanese Yen (JPY), Pound Sterling (GPB), Canadian Dollar (CAD), Swedish Krona (SEK), and Swiss Franc (CHF). The Dollar Factor measures the value of the United States Dollar (USD) relative to its most important trading partners’ currencies. We fixed calculation issues in the estimation of the USD exchange rate in the period 1926-1971. Edit: The article was edited on the 28th of September. ![]()
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