ALPHA TERMINAL

Global FX Deep Dive

Performance of major Emerging Market currencies priced in Gold (2014-Present)

The Race to the Bottom: EM Currencies vs Gold
Base 100 = 2014-Q1 (Priced in Gold)
20002001200220032004200520062008200920102011201220132014201520162017201820192020202120222023202420250150300450600
  • Indian Rupee
  • Brazilian Real
  • Mexican Peso
  • S.African Rand
  • Turkish Lira
BRL vs Gold
-81.9%
Annualized: -7.5%
INR vs Gold
-81.1%
Annualized: -7.3%
TRY vs Gold
214.4%
Annualized: 5.6%