Terminology

Change

Percentage change in the value of one foreign currency unit ("= XXX" column) measured in local currency. A plus sign "+" in front of a value means that the foreign currency has became more expensive (it has appreciated), and thus, the local currency has weakened (it has depreciated). Local currency has appreciated and foreign currency depreciated if the value is preceded by a minus sign "-".

Highlighted values indicate that the exchange rate of the foreign currency has appreciated to a new high or depreciated to a new low. All these currencies are also listed at new highs and lows page.

Colored numbers found on some pages indicate the magnitude of the change compared to changes in all other currency pairs. Bright colors indicate that the change is big. Dim colors mean that the change is not so extreme. Categories for each color are computed daily. These values can be found at the category page.

HLPI - High-Low Position Index

High-Low Position Index describes the position of the current exchange rate relative to its one or three-year high and low. A value of 0 means, for example, that the current value of a given foreign currency, measured in local units, is the lowest within the past 12 or 36 months, whereas 100 indicates that is the highest.

Volatility

A measure of the fluctuations in the underlying exchange rate over a given time period. It is expressed as a percentage and computed as the annualized standard deviation of percentage change in daily price. High values mean high risk.

Colored numbers found on some pages indicate the magnitude of the volatility compared to volatilities in all other currency pairs. Bright colors indicate that the volatility is high. Dim colors mean that the volatility is not so extreme. Color categories are computed daily. These values can be found at the category page.

Volatility change

Volatility change is measured by dividing 1 year and 1 month volatilities. If 1 year volatility is higher than 1 month volatility, the volatility change is negative and volatility has decreased. If it is lower, volatility has increased. Values can be found at Increased and decreased volatilities page.

Mean volatility

Mean of historic volatilities. This value is a coarse indicator for currency's overall riskiness. Values can be found at Summaries summary page.

95% prediction interval

Statistically here is a 95 per cent probability that the exchange will lie within given boundaries at the end of period. Exchange rate is expressed as local currency per foreign currency. Foreign currency per local currency style predictions are also available if you click on foreign currency. You are strongly advised to read the disclaimer, if you in any way rely on these predictions.

Highlighted numbers indicate that the current exchange rate is relatively close by the predicted upper or lower boundary.

% share of depreciated currencies

Number of depreciated currencies divided by the number of all currencies. This is a very coarse currency index. A value of 0 indicates that the given currency has weakened against all other currencies. The maximum value of 100 means that the currency has strengthened against all other currencies. Values can be found at Summaries summary page.

RatesFX Red Paw Award

The RatesFX Red Paw Award is awarded to web sites that provide extremely high quality financial information. In other words, I use these sites a lot, and to make it easy to locate them from the Currency resources page I have marked them with a " [Red Paw] " sign.