Es scheint zufällig 30 Drams auf den Dollar zu fallen und dann wieder aufzusteigen. Weiß jemand, was das verursacht?
https://i.redd.it/zdbrds3y8s5f1.jpeg
Von Srslyredit
Es scheint zufällig 30 Drams auf den Dollar zu fallen und dann wieder aufzusteigen. Weiß jemand, was das verursacht?
https://i.redd.it/zdbrds3y8s5f1.jpeg
Von Srslyredit
10 Kommentare
I don’t know what’s the cause, but I noticed and followed this some time ago.
What I found was, every day you check, the price is stable. But once in a while, when you check, it suddenly shows the price of a few days ago as lower, when in fact it was stable when you checked it that day
The central bank is controlling it heavily. A lot of resources are put to get it stable. If not, it will drop unimaginably low
Actually the dram has been very stable overall
Uhm, I’m not sure where you’ve got this graph, but amd-usd rate is pretty stable: [https://www.cba.am/en/statistics/exchange-rate/157/](https://www.cba.am/en/statistics/exchange-rate/157/)
This is a typical form of currency pegging. You can also compare it with the USD/Saudi Rial or USD/Hong Kong Dollar. The Euro/Swiss Franc also used to be like this, but the SNB decided not to continue with it.
Its bug in google graph
No drama ok?
Apparently the National Bank of Armenia is not doing its job well enough.
Hey there, there is no mistake – the price drops during weekends when the currency markets are closed for trading. This reflects the risk of exchanging USD/AMD while the markets are closed.
The Mighty Dram was world’s best performing currency once! It just has to drop two zeros.