Silence Before Currency Revalues. Why?

To make a long story short, global currency revalues and devalues occur without warning. Here’s why:

A historical currency revaluation in 2015, the Swiss Franc revaluation. On January 15, 2015, the Swiss National Bank got rid of the peg with the Euro. The pegged exchange rate was 1.20 Swiss francs to a one Euro and was abandoned. As a result, the value of the Swiss Franc increased by 30%.

This financial event created profits for investors who were positioned for the revaluation. You can read the entire article Currency Revalue; Historical Examples.

This is just one of the examples in the article, however what is most important is the last paragraph in the article which reads:

“The one thing that is clear about currency revaluations, or devaluations, is that they don’t come with a prior warning. They just happen, catching most people unaware. Central Banks and the international powers at play cannot share any information prior to an event happening, or it would undermine the economic impact.”

The channel agrees that for the most part most if not all revalues and even Iraq’s devaluation in December of 2020 occurred without prior warning. Thus, we employ you to stay tune, for articles here on Medium and subscribe to the Education Matrix channel for updates on the Iraqi Dinar and other exotic currencies.