FX rates, historical

[Willi]

http://sphotos-b.ak.fbcdn.net/hphoto...76912869_n.jpg

[Skeng DX]

$86 minus $69 divided by 4 years equals what WILL

[Willi]

U cant deal with facts without trying to flavah it, eh?

I posted this to have record for any future discussion when man and man are groping for facts.

[Willi]

While yuh calculating, do 5.5 to 69 divided by 18.5 .....LoL

[Skeng DX]

ok Mr Stats man

[Skeng DX]

3.4 dalah per year...now ansa mine

[Willi]

How to lie with stats...

yuh figget to refer to the denominator.

If I give you nutten today and promise to increase it a 1000 fold tomorrow, am I generous?

[Skeng DX]

ok...whats it then

[Assasin]

LOL

since 1972 the Jamaican dollar has moved from US1 : J0.76 to now !: 92.69 that is 92.93 decline.
PNP took it from 0.76 to 1.78 in 72 - 80;
JLP took it from 1.78 to 5.50 in 80-89;
pnp took it 5:50 to 70.69 in 89 to 2007:
JLP took it from 70:69 t0n 86.70 in 07 -11;
so far pnp has taken it from 86.70 to 92.69.
total decline under JLP =$19.73; TOTAL DECLINE UNDER PNP= $73.20. that is 78.9%.

[Willi]

True again, but it leaves out the TIME factor now.

Totally valid analysis would combine the amount of change, the basis upon which the change occurred (denominator) and the applicable time period. Otherwise the analysis is unnecessarily colored.

[Skeng DX]

ok...what was the average rate of 'depreciation' ?

[Skeng DX]

oh...Took it from 1.78 to 5.50 in 80-89; WHEN IT WAS PEGGED ...BRILLIANT

[Assasin]

if you call that brilliant, what you call the 90s to 2000s. LOL

[Skeng DX]

i called ur analysis BRILLIANT

[Mosiah]

True again, but it leaves out the TIME factor now.

Yuh tink Sass nuh know dat?