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 Trading For Beginners (Full Course) - YouTube Here's why you'll NEVER make money in Forex. The Forex ... The Easiest FOREX Trade Setup - 2020 - YouTube Basics of The Forex Market & Currency Pairs - YouTube How to make money on the Forex market? - YouTube

Anticipate market-moving events long before they happen with the internet's most forex-focused economic calendar. Energy EXCH is for professional traders participating in the energy markets. Its mission is to connect traders to the markets and to each other. 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. Forex trading. See prices on 70 major and minor currency pairs with two transparent pricing models. See trading. Currency converter. Access real-time rates for all the major FX pairs, plus up to 25 years' historical exchange rates across 38,000 forex pairs. See converter. FX Data Services. 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.

[index] [1865] [2782] [5053] [3273] [3489] [1715] [4952] [3284] [31] [3448]

Forex Trading For Beginners (Full Course) - YouTube

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 a video explaining what forex is and how I got started in the 5.7 trillion dollar market I hope everyone enjoys. if you're interested hit my dm on insta... Watch our video to find out the basic processes taking place on the foreign exchange market and how you can benefit from them. In addition, you will learn ho... The ONLY Forex Trading Video You Will EVER Need THIS QUICK TEST WILL HELP YOU BECOME FINANCIALLY FREE Take it HERE: https://discover.tiersoffreedom.com To jo... In this video Jay Wayne will show you The Easiest FOREX Trade Setup-2020 .....

http://contticmo.gq