One of the less considered by those who regularly use or travel currency trading is the season where every coin is subject over the years.
Obviously the Europeans should take into account the seasonal aspects of the "cross" against the Euro currency and a very interesting example is the relationship of the Euro / Australian Dollar.
buy the Australian currency is much more convenient from July to December because in the last 10 years on average 5 months to 6 Aussa saw a devaluation against the euro, with peaks in December high statistics (80% of the surveys Aude and average loss of 1.43%) in practice to cover the exchange risk for a trip to Australia or to purchase online from that country should wait until December when the currency reaches the maximum devaluation, at least according to this the seasonal statistics confirmed by the fact that going in Sydney between January and June proves disastrous economically speaking because in five months on average over 6 Aud Strengthens Against Euro.
Extending the horizon to the "cousins" of the New Zealand point out how bad month for travel or to buy the New Zealand Dollar to October because the last 10 years in 8 out of 10 Euro has lost value.
In the coming weeks we will return to analyze the seasonality of other currencies.
Obviously the Europeans should take into account the seasonal aspects of the "cross" against the Euro currency and a very interesting example is the relationship of the Euro / Australian Dollar.
buy the Australian currency is much more convenient from July to December because in the last 10 years on average 5 months to 6 Aussa saw a devaluation against the euro, with peaks in December high statistics (80% of the surveys Aude and average loss of 1.43%) in practice to cover the exchange risk for a trip to Australia or to purchase online from that country should wait until December when the currency reaches the maximum devaluation, at least according to this the seasonal statistics confirmed by the fact that going in Sydney between January and June proves disastrous economically speaking because in five months on average over 6 Aud Strengthens Against Euro.
Extending the horizon to the "cousins" of the New Zealand point out how bad month for travel or to buy the New Zealand Dollar to October because the last 10 years in 8 out of 10 Euro has lost value.
In the coming weeks we will return to analyze the seasonality of other currencies.
0 comments:
Post a Comment