Currencier



Please note the rates displayed are live interbank rates, not the exchange rates which we offer, and are for indicative purposes only. Request a quote for our exchange rates. The currency market can be extremely volatile and it is not uncommon to see large movements for a currency pair in a day. TodoTuMac We are uploading all the programs again, be patient, soon everything will be normal again. Currencier is an excellent assistant for shopping abroad, and thanks to the widget in the notification center, you will always be aware of the current exchange rates without having to open the application.

US Dollar Index and major financial events.

ChangeMate is shutting down;(I'm sorry to announce that ChangeMate will be shutting down at the end of the year. Thank you so much for your support over the past six years as we tried to make ChangeMate an easy-to-use and efficient currency converter.

Currency converter

The U.S. Dollar Index (USDX, DXY, DX, or, informally, the 'Dixie') is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies,[1] often referred to as a basket of U.S. trade partners' currencies.[2] The Index goes up when the U.S. dollar gains 'strength' (value) when compared to other currencies.[3]

The index is designed, maintained, and published by ICE (Intercontinental Exchange, Inc.), with the name 'U.S. Dollar Index' a registered trademark.[4][5]

It is a weighted geometric mean of the dollar's value relative to following select currencies:

  • Euro (EUR), 57.6% weight
  • Japanese yen (JPY) 13.6% weight
  • Pound sterling (GBP), 11.9% weight
  • Canadian dollar (CAD), 9.1% weight
  • Swedish krona (SEK), 4.2% weight
  • Swiss franc (CHF) 3.6% weight

History[edit]

USDX started in March 1973, soon after the dismantling of the Bretton Woods system. At its start, the value of the U.S. Dollar Index was 100.000. It has since traded as high as 164.7200 in February 1985, and as low as 70.698 on March 16, 2008.

The make up of the 'basket' has been altered only once, when several European currencies were subsumed by the euro at the start of 1999. Web browser download for mac. Some commentators have said that the make up of the 'basket' is overdue for revision as China, Mexico, South Korea and Brazil are major trading partners presently which are not part of the index whereas Sweden and Switzerland are continuing as part of the index.[citation needed] Google earth pro 7 for mac.

Year (last business day)DXY closeFactors[6]
1967121.79Gold standard kept dollar at $35/oz.
1968121.96
1969121.74Dollar hit 123.82 on 9/30.
1970120.64
1971111.21President Richard Nixon announces the closing of the gold window and the institution of wage-price controls.
1972110.14Beginning of stagflation in response to the Nixon shock.
1973102.39Gold standard ended; 1973 oil crisis takes place. Index created in March.
197497.29Nixon resigns as a result of the Watergate scandal; Gerald Ford becomes president.
1975103.51
1976104.56Jimmy Carter elected president; interest rate lowered.
197796.44
197886.50Fed raised rate to 20% to stop inflation.
197985.821979 oil crisis takes place.
198090.39Ronald Reagan elected president after a recession began during Carter's last year as president.
1981104.69Economic Recovery Tax Act of 1981 passed by Congress; signed into law by President Reagan in August 1981.
1982117.91Recession ended.
1983131.79Emergency increases in taxes and defense spending are put into place; this was caused by the Tax Equity and Fiscal Responsibility Act of 1982.
1984151.47
1985123.55Record of 163.83 on March 5.
1986104.24Consolidated Omnibus Budget Reconciliation Act of 1985 and Tax Reform Act of 1986 signed into law by President Reagan; Internal Revenue Code enacted.
198785.66Black Monday.
198892.29Fed raised rates; Omnibus Foreign Trade and Competitiveness Act passed; George H. W. Bush elected president.
198993.93
199083.89Early 1990s recession begins; Omnibus Budget Reconciliation Act of 1990 passed.
199184.69Persian Gulf War takes places during the second year of the recession.
199293.87NAFTA approved by H. W. Bush; Bill Clinton elected president.
199397.63Balanced Budget Act and Omnibus Budget Reconciliation Act of 1993 both passed.
199488.69Marrakesh Agreement signed; United States becomes a founding member of the World Trade Organization.
199584.83Fed raised rate.
199687.86Welfare reform.
199799.571997 Asian financial crisis; LTCM reform approved.
199893.951998 Russian financial crisis; Clinton impeached by House of Representatives.
1999101.42Clinton acquitted by the Senate; Gramm–Leach–Bliley Act passed.
2000109.13Dot-com bubble collapses; George W. Bush elected President after a Supreme Court battle over the election recount in Florida.
2001117.21Recession took place from March–November 2001; Economic Growth and Tax Relief Reconciliation Act of 2001 passed; dollar rose to 118.54 on 12/24 after the September 11 attacks.
2002102.26Euro launched as a hard currency at $.90.
200387.38United States invasion of Iraq; Jobs and Growth Tax Relief Reconciliation Act of 2003 passed.
200481.00American Jobs Creation Act of 2004 passed.
200590.96War on Terror doubled debt; dollar weakened; Hurricane Katrina affects Louisiana.
200683.43Tax Relief and Health Care Act of 2006 passed.
200776.70Euro rose to $1.47; Great Recession began in December 2007.
200882.15Record low of 71.30 on 3/17; Economic Stimulus Act of 2008 passed; Public Law 110-343 goes into effect in October 2008; Barack Obama elected president.
200977.92American Recovery and Reinvestment Act of 2009 passed; ECB lowered rates; first period of quantitative easing (QE1) begins; 2009 flu pandemic begins in Mexico (pandemic ended in August 2010).
201078.96Second period of quantitative easing (QE2) begins; Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 passed; beginning of Arab Spring in November 2010
201180.21Syrian civil war and Libyan Crisis begin; Osama bin Laden killed; Operation Twist initiated; European sovereign debt crisis begins; Budget Control Act of 2011 passed.
201279.77Third period of quantitative easing (QE3) begins; Hurricane Sandy affects the northeastern states; American Taxpayer Relief Act of 2012 passed.
201380.04United States budget sequestration in 2013 necessary to address the United States fiscal cliff; 2013 United States government shutdown occurs; West Africa Ebola virus epidemic begins.
201490.28Euromaidan crisis in Ukraine; Greek debt crisis reaches its midpoint.
201598.69Fed raised rates; European migrant crisis accelerates; Donald Trump announces his candidacy for President.
2016102.212016 Brexit referendum takes place in the United Kingdom; Donald Trump elected president.
201792.12EU strengthened; Hurricane Harvey affects Texas, Louisiana, and Arkansas; Tax Cuts and Jobs Act of 2017 passed.
201896.17Trump tariffs began to be imposed; First North Korean–US summit takes place; Hurricane Florence affects North Carolina, South Carolina, and Virginia; Hurricane Michael affects Florida, Alabama, and Georgia; Alexandria Ocasio-Cortez and several other progressive Democratic candidates elected in the midterm elections; 2018–2019 United States federal government shutdown occurs.
201996.54Trump seen on North Korean soil; Lebanese liquidity crisis begins; Fed begins acting as role in investor to provide funds in the repo markets; Abu Bakr al-Baghdadi killed on October 27; first case of COVID-19 discovered in China; Trump impeached by House of Representatives on December 18.
202093.27Qasem Soleimani killed on January 3; Trump acquitted of impeachment on February 11; COVID-19 declared a pandemic by the World Health Organization on March 11; George Floyd protests begin on May 31.
202189.21First dip below 90 since 2018; Increased pandemic stimulus payment prospects after Democrats take Senate control in the Georgia runoff election

Quotes[edit]

ICE provides live feeds for Dow Futures that appear on Bloomberg.com and CNN Money. USDX is updated whenever U.S. Dollar markets are open, which is from Sunday evening New York City local time (early Monday morning Asia time) for 24 hours a day to late Friday afternoon New York City local time.

Currency download

Calculation[edit]

The U.S. Dollar Index is calculated with this formula: USDX = 50.14348112 × EURUSD-0.576 × USDJPY0.136 × GBPUSD-0.119 × USDCAD0.091 × USDSEK0.042 × USDCHF0.036[7]

Trading[edit]

US Dollar Index futures are traded for 21 hours a day on the ICE platform with futures having a March/June/September/December quarterly expiration cycle.[8] It is also available indirectly in exchange-traded funds (ETFs), options, CFDs and mutual funds.

See also[edit]

References[edit]

  1. ^'U.S. Dollar Index - USDX'. Investopedia. Retrieved March 23, 2013.
  2. ^'US Dollar Index Hits 12-Year High As ECB Unveils €1 Trillion Stimulus'. FXTimes. Retrieved March 23, 2015.
  3. ^'US Dollar Index'. FXStreet. Retrieved March 23, 2013.
  4. ^'U.S. Dollar Futures'. Retrieved July 22, 2017. The U.S. Dollar Index, together with all rights, title and interest in and related to the U.S. Dollar Index, including all content included therein (including, without limitation, it’s formulation, components, values, weightings and methods of calculation), and all related intellectual property and property rights, is the exclusive property of ICE Futures U.S., Inc.
  5. ^United States Patent and Trademark Office. 'Trademark Search, Serial Number 74350026'. Retrieved July 22, 2017.
  6. ^US Dollar Index®, What It Is, and Its History
  7. ^'U.S. Dollar Index® Contracts'(PDF). 2018. p. 2. Retrieved October 15, 2018.
  8. ^'ICE Futures and Options'. www.theice.com. Retrieved January 9, 2021.
Currencier

External links[edit]

Currencier For 下载

Retrieved from 'https://en.wikipedia.org/w/index.php?title=U.S._Dollar_Index&oldid=1014303178'




Comments are closed.