Japan's Nikkei surpasses 1989 all-time high

Re:Japan's Nikkei surpasses 1989 all-time high by justworkout on Wednesday February 21, 2024 @11:13PM (#39463178)

Because it already collapsed a year ago. Look at 5 years.

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Re:Japan's Nikkei surpasses 1989 all-time high by clipsy on Wednesday February 21, 2024 @11:34PM (#39463298)

It lost ~33% of its value vs the US Dollar in 5 years and you claimed it lost half its value in "about a year."

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Re:Japan's Nikkei surpasses 1989 all-time high by justworkout on Thursday February 22, 2024 @12:17AM (#39463506)

December 2021 to October 2022. 103 yen to 149 yen.

Sorry for overestimating. It was only 10 months. :)

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Re:Japan's Nikkei surpasses 1989 all-time high by clipsy on Thursday February 22, 2024 @01:15AM (#39463781)

Going from ¥103/$1 to ¥149/$1 is a 30.9% loss in value. A 50% loss in value would be going from (eg) ¥100/$1 to ¥200/$1.

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Re:Japan's Nikkei surpasses 1989 all-time high by cko on Thursday February 22, 2024 @08:46AM (#39466974)

I'm trying to reverse engineer your thinking. Did you do 150 - 100 = 50, then use 100 as the denominator to get 50%? Because that's not what "losing 50% of value" means.

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