LittleSovi

Ytd from 2017 usdjpn growing 4.5%

Edukacja
PEPPERSTONE:USDJPY   Dolar USA/Jen Japoński
Want to know the growth of usd jpn? Learn to compute with a very simple equation.

A simple way to do it, depending on your basis, is to get the change of the close per year.

Ex. ((2021 price - 2020 price)/2020 price)*100= change in percent.

There's multiple ways to do this. But I find this one works for me. Now you can compare multiple years like this and see if growth increased or decreased.

You can even average the years to estimate the growth rate of usd jpn.

Of course historical data doesn't mean anything as it only explains the past.

I prefer to compare the growth yearly to see if it went up or down.

Ytd = 19.6%
2021 = 11.42%
2020 = -4.97%
2019 = -0.87%
2018 = -2.7%

Average of 4.5% from 2017

One trend I see is based on ytd vs 2021, usd really increased in value or jpn went lower.

Hope you add this to your charting methods.
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