Currency Indexes

About

The Currency Indixes measures changes in the value of the currency by tracking the exchange rates of five of the most liquid currencies (USD, EUR, GBP, JPY, CHF). The value of index is composed on an equally-weighted basket method which allocates the currency against its major counterparts over a selected period of time.

Such a methodology is optimal for understanding the strength or weakness of global Forex currencies. As many global currencies are used as a reserve or safe haven currency, the index tool allows you to assess the overall efficiency of your money savings. The end value of the index reflects the average return that is gained or lost if your currency portfolio consists of one single currency. By using the currency index tool, you can easily analyze and evaluate yearly, quarterly, monthly, weekly trends on the currency market.

The Currency Index includes the following input parameters:

  • Start Date represents a beginning date from which calculations are to be started.
  • Base Date represents a basic date which is used as an equivalent for comparison. The value of index at the base date is always equal to 100%.
  • Number of days is a number of days which are shown on the chart from a start date.

How to use: select start date, base date and number of days to proceed to calculations.

Forex Brokers
  • We believe in what we do

    Since the foundation of the project, we have been trying to turn one Dollar into a Million. Many dollars were lost on the way to the cherished goal. Nobody said it was going to be easy. However, we believe that everything is possible. Each time we lose a Dollar, we start again stronger with more experience and dedication. Today the project is much more than just about a Dollar. Our philosophy is openness and transparency. So apart from trading on Forex, we are creating a variety of useful Tools, sharing our developments, ideas, and experiences with our followers. We are true fans of financial markets and looking forward making trading more understandable and showing that profitable trading is possible.

All information on this page is subject to change. Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Intomillion.com owners and affiliates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.