Written by
Teodor DimovTeodor is a financial news writer and editor at TradingPedia, covering the commodities spot and futures markets and the fundamental factors linked to their pricing.
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| Updated: October 30, 2024
Table 1 – Relative strength of the US dollar
| Pair | Gain/Loss in Pips | May 8th Low | Dec 31st Close | % Change |
| USD/RUB | 24794 | 34.964 | 59.758 | 70.913% |
| USD/NOK | 16278 | 5.8462 | 7.4740 | 27.844% |
| USD/BRL | 4585 | 2.1990 | 2.6575 | 20.850% |
| USD/SEK | 13383 | 6.4587 | 7.7970 | 20.721% |
| USD/HUF | 4460 | 217.09 | 261.69 | 20.544% |
| USD/JPY | 1828 | 101.53 | 119.81 | 18.005% |
| USD/DKK | 8223 | 5.3329 | 6.1552 | 15.419% |
| USD/MXN | 18374 | 12.9116 | 14.7490 | 14.231% |
| EUR/USD (inverted) | 1892 | 1.3993 | 1.2101 | 13.521% |
| USD/TRY | 2710 | 2.0635 | 2.3345 | 13.133% |
| USD/CHF | 1138 | 0.8798 | 0.9936 | 12.935% |
| AUD/USD (inverted) | 1212 | 0.9378 | 0.8166 | 12.924% |
| USD/ZAR | 13130 | 10.2580 | 11.5710 | 12.800% |
| NZD/USD (inverted) | 853 | 0.8649 | 0.7796 | 9.862% |
| GBP/USD (inverted) | 1358 | 1.6937 | 1.5579 | 8.018% |
| USD/CAD | 797 | 1.0815 | 1.1612 | 7.369% |
| USD/KRW | 7220 | 1021.70 | 1093.90 | 7.067% |
| USD/SGD | 807 | 1.2449 | 1.3256 | 6.482% |
| USD/INR | 3170 | 59.865 | 63.035 | 5.295% |
| USD/HKD | 29 | 7.7510 | 7.7539 | 0.037% |
| USD/CNY | -183 | 6.2244 | 6.2061 | -0.294% |
Table 1.1 – Currency ranking according to performance
| Rank | Currency |
| 1 | CNY |
| 2 | USD (0%) |
| 3 | HKD |
| 4 | INR |
| 5 | SGD |
| 6 | KRW |
| 7 | CAD |
| 8 | GBP |
| 9 | NZD |
| 10 | ZAR |
| 11 | AUD |
| 12 | CHF |
| 13 | TRY |
| 14 | EUR |
| 15 | MXN |
| 16 | DKK |
| 17 | JPY |
| 18 | HUF |
| 19 | SEK |
| 20 | BRL |
| 21 | NOK |
| 22 | RUB |
Table 2 – Relative strength of the euro
| Pair | Gain/Loss in Pips | May 8th High | Dec 31st Close | % Change |
| EUR/NOK | 8887 | 8.1669 | 9.0556 | 10.882% |
| EUR/SEK | 3897 | 9.0429 | 9.4326 | 4.309% |
| EUR/JPY | 245 | 142.36 | 144.81 | 1.721% |
| EUR/AUD | 18 | 1.4796 | 1.4814 | 0.122% |
| EUR/CHF | -180 | 1.2209 | 1.2029 | -1.474% |
| EUR/TRY | -481 | 2.8771 | 2.8290 | -1.672% |
| EUR/NZD | -540 | 1.6056 | 1.5516 | -3.363% |
| EUR/GBP | -481 | 0.8249 | 0.7768 | -5.831% |
| EUR/CAD | -1175 | 1.5234 | 1.4059 | -7.713% |
| EUR/USD | -1892 | 1.3993 | 1.2101 | -13.521% |
Table 2.1 – Currency ranking according to performance
| Rank | Currency |
| 1 | USD |
| 2 | CAD |
| 3 | GBP |
| 4 | NZD |
| 5 | TRY |
| 6 | CHF |
| 7 | EUR (0%) |
| 8 | AUD |
| 9 | JPY |
| 10 | SEK |
| 11 | NOK |
Table 3 – Relative strength of the British pound
| Pair | Gain/Loss in Pips | July 14th High | Dec 31st Close | % Change |
| GBP/NOK | 9908 | 10.6681 | 11.6589 | 9.288% |
| GBP/JPY | 1242 | 174.01 | 186.43 | 7.138% |
| GBP/AUD | 730 | 1.8342 | 1.9072 | 3.980% |
| GBP/SEK | 4467 | 11.6970 | 12.1437 | 3.819% |
| EUR/GBP (inverted) | -171 | 0.7939 | 0.7768 | 2.154% |
| GBP/CHF | 197 | 1.5289 | 1.5486 | 1.289% |
| GBP/CAD | -372 | 1.8463 | 1.8091 | -2.015% |
| GBP/USD | -1568 | 1.7143 | 1.5575 | -9.147% |
Table 3.1 – Currency ranking according to performance
| Rank | Currency |
| 1 | USD |
| 2 | CAD |
| 3 | GBP (0%) |
| 4 | CHF |
| 5 | EUR |
| 6 | SEK |
| 7 | AUD |
| 8 | JPY |
| 9 | NOK |
Table 4 – Currency Pairs Average Annual Volatility
| Currency Pair | Intraday | Daily |
| EUR/USD | 0.507% | 0.466% |
| USD/JPY | 0.629% | 0.671% |
| GBP/USD | 0.479% | 0.461% |
| USD/CHF | 0.583% | 0.619% |
| USD/CAD | 0.563% | 0.591% |
| AUD/USD | 0.762% | 0.735% |
| NZD/USD | 0.828% | 0.812% |
