Currency Volatility Tracker

Currency Volatility Rises in 2018

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In February, the official exchange rate for Venezuela's currency, the bolivar, fell 290,000% against the dollar.

Venezuela's massive devaluation and the slide in Sudan's currency set the pace for renewed volatility in global currency markets for 2018.

After months of calm, currency markets are rumbling again as the volatility rate for global currencies reached the pivotal 1.50 percent threshold in the first quarter of 2018, the highest quarterly average since the fourth quarter of 2016, according to the lastest data from the Currency Volatility Index (CVI).  Devaluations in the currencies of Venezuela and Sudan were largely responsible as most other world currencies remained below the quarterly benchmark.

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