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Timeline of Currency Surprises (Infographic)

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Page 1: Timeline of Currency Surprises (Infographic)

Q2 2014

Q4 2014

Q1 2015

Q3 2015

Q3 2015

Q4 2015

Q1 2016

Q2 &

Q3 2016

The European Central Bank (ECB) lowered interest rates into negative territory.

Russia's rate hike to 17 percent accelerating the run on the ruble.

The Swiss National Bank ended its policy of limiting the value of the Swiss franc relative to the euro. The franc shot up 30 percent.

The European Central Bank (ECB) announced bond-buying program. The euro fell to its lowest value against the dollar since September 2003.

Compounded by the slowdown of China’s economy, the real fell to 12-year lows.

China allowed currency to fall by nearly 2 percent and continued to fall, hitting a four-year low against the dollar.

Argentine Finance Minister Alfonso Prat-Gay lifts the capital controls limiting the purchase of dollars. The currency proceeds to devalue 30%+ in 24 hrs.

The Bank of Japan introduced negative interest rates. The yen fell as much as 2 percent the same day.

The British pound plummeted to a 31-year low against the U.S. dollar after the British voted to leave the European Union on June 23.

Q1 2015

British Pound

Argentina Peso

Japanese Yen

Brazilian Real

Chinese Yuan

Euro

Swiss Franc

Russian Ruble

Euro

Timeline of Recent Currency Surprises

?Q4 2016

The Next Culprit

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