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Tempest · 09-15-2004, 10:44 PM

So it was bugging me about what's "caused" this drop in the exchange rate.. so I just grabbed the exchange rates since Jan 2000 ($1.45) ... the rate was going up slightly.. 9/11 ($1.56) happened and there wasn't even a dip.. nada.. nice and steady.. a dip around Jul/02 but it gets back up to about the same level.. then.. Jan 28,2003 ($1.54) Bush does state of the union address where he says he's ready to attack Iraq without a UN mandate... the exchange rate starts to head down a bit.. sort of hard to tell for sure.. But war starts Mar 20th ($1.47) and the exchange heads on down "end of major combat" May 1 ($1.42) until about Mid June 20 ($1.34). Gone up and down a bit from there..

Data exchange rates I used were actually higher than what one would get at the bank.

I don't know.. When you see the graph over the last 3.5 years it seems pretty obvious that the war triggered the drop.

09-15-2004, 10:44 PM
Tempest Too lazy to set a custom title Industry Role: Join Date: May 2004 Location: West Coast, Canada. Posts: 10,217	So it was bugging me about what's "caused" this drop in the exchange rate.. so I just grabbed the exchange rates since Jan 2000 ($1.45) ... the rate was going up slightly.. 9/11 ($1.56) happened and there wasn't even a dip.. nada.. nice and steady.. a dip around Jul/02 but it gets back up to about the same level.. then.. Jan 28,2003 ($1.54) Bush does state of the union address where he says he's ready to attack Iraq without a UN mandate... the exchange rate starts to head down a bit.. sort of hard to tell for sure.. But war starts Mar 20th ($1.47) and the exchange heads on down "end of major combat" May 1 ($1.42) until about Mid June 20 ($1.34). Gone up and down a bit from there.. Data exchange rates I used were actually higher than what one would get at the bank. I don't know.. When you see the graph over the last 3.5 years it seems pretty obvious that the war triggered the drop.