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Here is the exchange rate between the Argentine Peso and the US dollar, from 1916-1941, as represented in U.S. cents per peso. Obviously, we begin in the middle of World War I, when most all currencies in the world were floating.
Jan 10, 2016 · To answer these questions the Historical Currency Converter uses a short-cut, by comparing the worth of various sums in various currencies in their purchasing power of Swedish consumer goods and the pay of workers in Sweden.
The exact exchange rate, still relevant for old contracts and for exchange of the legacy currency for euros at the central bank, is 2.20371 Dutch guilders (NLG) for 1 euro (EUR). Inverted, this gives EUR 0.453780 for NLG 1.
One Dutch guilder in 1914 could buy roughly the same amount of goods and services as 10.02 U.S. dollars or 8.17 euros in December 2017. In 1938, the guilder purchasing power would be approximately equal to 9.54 U.S. dollars or 7.78 euros in December 2017.
Apr 15, 2012 · Along these lines, I thought it would be good to make available some data on foreign exchange rates around the world at that time. This is an excerpt from the Federal Reserve’s Banking and Monetary Statistics, 1914-1941.
Sep 7, 2024 · We begin by investigating the behavior of the real exchange rate in rate-of-growth form finding strong evidence supporting long-run relative PPP. Turning to price levels, we find evidence of mean-reverting behavior over the whole period with one long-lived shift in mean between 1788 and 1931.
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Mar 30, 2014 · From November 1937, there is an “official” rate (shown) and also an “export” rate, which is about 22% lower in value. Adding it all up, the peso lost a lot of value from where it was at the beginning of WWI (not shown here).
