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Originally Posted by winner69
1) Some say the exchange rate reflects the relative economic performance of the two countries
2) It's also said that post-Brexit and various political turmoils over the years the British economy has struggled and some say stuffed
Below GBPNZD chart for last 5 years. Last time I was over there was 5 years ago and the rate was in low 50's
About the same today - does that mean that the NZ economy is about as stiffed as the UK economy
Turn of the century 2000, One NZD bought about 30p, today it buys 51p. Immediately before the Brexit referendum, in May 2016, One NZD bought about 45p. So on the face of it, The current generation of British pollies have been stuffing up the British currency (and economy?) more than their Kiwi counterparts.
Last edited by Bjauck; 07-10-2022 at 02:18 PM.
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