Quote:
Originally Posted by RickOShay
oh I guess that is the monthly average.. but still it says the lowest was just under 80 yen.. not 75.
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I think that the monthly average part has something to do with it... I do recall quite different figures in the early 2000's than what is written on wikipedia... but I'll believe wikipedia over my fuzzy memory any time.
As far as the discrepency between "all time lows" goes, the lowest I found when I looked it up last was around 79. However, I wouldn't be surprised if it was actually lower... when I was really into stocks a couple of years ago I used to see little anomolies that would kind of go off the record (but sometimes they would stick). If you watch stocks all day you can sometimes see funny things, like a $50 stock going to $75 for a couple of minutes in the middle of the day and then going right back to $50 for the remaining hours of the day. While that is about the biggest spike I've personally seen, I would often see spikes like that and only sometimes would the stocks' highs for those days reflect them. I wonder if the same thing can't happen for currency. More importantly, I wonder why those "spikes" happen... I bet a lot of people are making a lot of money off of those little "errors". That's a whole other thread though for sure.
At any rate, it will be interesting to see how this pans out.