A currency can quietly lose a third, a half, or almost all of its value in a decade. Pick a currency and see what it has lost, or gained, against the US dollar over the last one, five, and ten years, from live exchange-rate data.
This tool shows how much a currency has lost or gained against the US dollar over one, five and ten years. Pick a currency from the list to see each change and a ten year chart, built from live European Central Bank reference rates.
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Where you hold your income and savings decides how much of this erosion reaches you. Sovereo tracks the forces behind it every day and shows you where money holds its value.
Get the free daily SITREP → See all free toolsYou do not need any finance background. Here is the whole thing, simply.
It means one unit of the currency buys fewer US dollars than it used to. If a currency has lost 50 percent against the dollar, money kept in it now converts to half as many dollars as it did then. For anyone who earns, saves, or spends across borders, that is a real cut in buying power.
Mostly heavy money printing, large government deficits, high inflation, or a loss of confidence from investors and savers. Strong, stable economies tend to hold their value; economies under strain tend to erode, sometimes slowly, sometimes in a sudden break.
If your income and savings sit in a currency that is eroding, you get poorer in global terms even if the local number on your paycheck rises. This is one of the quiet reasons people move income, savings, or themselves toward more stable ground.
Where this comes from. Exchange rates are pulled live from the Frankfurter service, which publishes European Central Bank reference rates, with no key required. Change is measured from the reference rate on or just before the same calendar date one, five, and ten years ago to the latest published rate, expressed as the change in the currency's value in US dollars. The service covers around thirty widely traded currencies; some highly volatile or restricted currencies are not included. Rates are indicative reference values, not the price at any particular bank or exchange. For general education, not financial advice.
Rates are pulled live from the Frankfurter service, which publishes European Central Bank reference rates. They are reference values, not the price at any bank or exchange.
The tool compares the reference rate on or just before the same date one, five and ten years ago with the latest rate. The result is the change in what one unit of the currency is worth in US dollars.
The data source covers around thirty widely traded currencies. Some highly volatile or restricted currencies are not included.
Common causes are heavy money printing, large government deficits, high inflation, or a loss of confidence. Strong, stable economies tend to hold their value better.
By Todd Allyn, Founding Director, Sovereo Intelligence Research. Research standard.