Foreign Exchange Rates 1914-1941
Published : April 30th, 2012
163 words - Reading time : less than a minute
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As we begin to
talk more seriously about the gold standard, as a real policy option instead
of a historical item of interest, I think we might have some discussions
about the 1920s and 1930s. 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. I was going to make graphs too, but that turned out to
be too much work for now. Maybe I will later, for the major countries.
Click Here for
data on foreign exchange rates from 1914-1941.
There's a lot more good stuff in the Banking and Monetary Statistics. I
remember when I went to the microfilm department of the local university
library for this stuff. We have it so easy today.
Click Here for
Banking and Monetary Statistics, 1914-1941.
Nathan Lewis
(This item
originally appeared at http://www.newworldeconomics.com/archives/2012/041512.html
on April 30, 2012.)
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Nathan Lewis
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Nathan Lewis was formerly the chief international economist of a firm that provided investment research for institutions. He now works for an asset management company based in New York. Lewis has written for the Financial Times, Asian Wall Street Journal, Japan Times, Pravda, and other publications. He has appeared on financial television in the United States, Japan, and the Middle East.
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