Exchange Rates - X-Rates

[R] Trouble creating a Log Scale graph of Zimbabwean Dollars vs United States Dollars

First things first:
Dataset from kaggle
This image from Wikipedia is what I want to create
R code:
library(ggplot2) african_economicdata <- read.csv("african_crises.csv") Z_ED <- subset(african_economicdata, country == "Zimbabwe") Z_ED2001 <- subset(Z_ED, year > 2000) Z_ED2001$log10_exchange <- log10(Z_ED2001$exch_usd) ggplot(Z_ED2001, aes(Z_ED2001$year,Z_ED2001$log10_exchange)) + geom_line() +geom_point() + xlab("Year") + ylab("Exchange Rate in USD") + theme_minimal() 
Here is what the result looks like
A few things are throwing me off:
  1. This happens to be a cross section of two things i never really understood in my bachelors, forex and logarithms
  2. From the eye test the curve looks similar to the image from wikipedia, but the y-axis values don't make much sense to me (possibly due logarithms as previously stated).
  3. The dataset in Kaggle is light on details and I don't really know how to interpret the exchange rate values. Take 2001 for instance, does 5.510 x 10-25 mean that 1 ZWD is equal to 5.510 x 10-25 USD? The number is so small that it kind of melts my brain.
  4. I'm having trouble finding information about the ZWD during this time period, the trends in the wikipedia image for OMIR and the Parallel rate seems to have much fine grain data, looking at the fluctuations between 07-08. Does that mean that the data I'm working with would be the Official data?
submitted by CJEntusBlazeIt_420 to econometrics [link] [comments]

FOREX Explained - YouTube Here's why you'll NEVER make money in Forex. The Forex ... Beginner Guide to Investing Forex Trading Currency Trading ... The Easiest FOREX Trade Setup - 2020 - YouTube Trading Forex for Beginners - The Basics - YouTube

We use cookies to improve your browsing experience on our website, to analyse our website traffic, and to understand where our visitors are coming from. North American Edition. Dollar and yen firmness, and sterling underperformance has continued for a second day. The narrow trade-weighted USD index (DXY) lifted to a one-month peak at 93.64, extending the rebound from the 29-month low that was seen last week at 91.75. North American Edition. Dollar and yen firmness, and sterling underperformance has continued for a second day. The narrow trade-weighted USD index (DXY) lifted to a one-month peak at 93.64, extending the rebound from the 29-month low that was seen last week at 91.75. OANDA's currency calculator tools use OANDA Rates ™, the touchstone foreign exchange rates compiled from leading market data contributors.Our rates are trusted and used by major corporations, tax authorities, auditing firms, and individuals around the world. Energy EXCH is for professional traders participating in the energy markets. Its mission is to connect traders to the markets and to each other.

[index] [5211] [2786] [5396] [4990] [4387] [383] [4837] [263] [939] [4888]

FOREX Explained - YouTube

Too often new traders come into the market without getting to know the most fundamental components of foreign exchange and how currencies work. So we decided... Learn more here: https://bit.ly/2ShPRPx Here' why you'll never make money in Forex. It's all because of the Forex cycle of doom. Many aspiring traders who ar... This is the first in a series of videos covering the basics of the Forex market. We look at a simple example of exchanging currencies and the effect of fluct... http://www.forextrendy.com/?hop=stevo1789 Click the link above to join the best trading system in Europe and America. Like The Forex Trendy Facebook page: ht... In this video Jay Wayne will show you The Easiest FOREX Trade Setup-2020 .....

http://sandlirudi.tk