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How Currencies Have Reacted to the Yuan Devaluation

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Inovance
2299
Inovance 2015.09.25 18:50 
On August 11th, 2015, China changed the way the way the reference rate was calculated.

This had immediate and long-term effects on the exchange rates of just about every currency.

The infographic below shows the devaluation of the Renminbi against other currencies after 24-hours, 1-week and 1-month since the devaluation on August 11th.

You can find the original article and enlarged infographic here.


How Currencies Have Reacted to the Yuan Devaluation

ADRIAN MATUSIAK
1160
ADRIAN MATUSIAK 2015.09.25 19:39  
Great comparsion!
Isauro Martinez Tamez
639
Isauro Martinez Tamez 2015.09.26 03:04  

Thanks for the information and the comparison, althought I don't know why didn't you upload this to your blog.

Also I want to know why are you comparing the CNY against those currencies specifically, because there are other currencies such as the brazilian and mexican which are more liquid and stable. 

Inovance
2299
Inovance 2015.09.28 15:36  
Isauro Martinez Tamez:

Thanks for the information and the comparison, althought I don't know why didn't you upload this to your blog.

Also I want to know why are you comparing the CNY against those currencies specifically, because there are other currencies such as the brazilian and mexican which are more liquid and stable. 

I did upload to our blog here: https://www.inovancetech.com/chinese-yuan-infographic.html

The BRL/CNY didn't fluctuate much and I couldn't find data on the MXN/CNY. I left a few other pairs that didn't have a strong reaction to the reference rate change.

Inovance - The Effects of the Chinese Yuan Devaluation on Global Currencies
Inovance - The Effects of the Chinese Yuan Devaluation on Global Currencies
  • Justin Cahoon
  • www.inovancetech.com
On August 11th, 2015, China changed the way the way the reference rate was calculated. This had immediate and long-term effects on the exchange rates of just about every currency. The infographic below shows the devaluation of the...
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