Exotic Post Modern "American" Currency?The success of "North American Currency" is interconnected with Exotic Post Modern "Latin American" Currency?
What is the future of Latin America Currency as a whole?
Latin American Currency or “Cash/Money” is by many standards some of most complex and significant “Exotic Currencies” on Earth. South American, Central America and the Caribbean include many independent countries all stabilizing (by decreasing the value) of their own independent and yet interconnected currencies. Currency in Latin America is perhaps the most isolated from Asian, European, Middle Eastern and even Africa and yet most closely affiliated and coordinated and mysteriously dependent to the United States Dollar. If the currencies in the “far east” are “exotic” then the “far west” is Latin America and its “jungle of currencies”.
The total gross domestic product of Latin America is about 5 to 10 trillion $USD or about ½ to ¼ the size of the United States Economy. The average person in Latin America makes about $10,000 per year.
There are three main modern accounts of “Latin American Currency History”. By “modern” we mean post-indigenous currency. The first being “post-indigenous” or “pre 90’s or 2001 a currency Odyssey” era, the second being the GREAT NEO-LATINO AMERICAN STABILIZATION PERIOD roughly mid 2004’s to 2014 a time when South America was becoming more valuable then North America in terms of respect for foreign currency. The final era is now (in the graph). The real problem is the Modern Erotic Latin American “Inflation Era” an Era that has seen “unbelievable Latin American inflation”. This started around 2014 and effects all of Latin America to this very day.
The primary Latin American Currencies are:
BRL: Brazilian Real: The “most valuable” and yet peculiarly unstable currency in Latin America.
ARS: Argentina Peso: One of the most stressful currencies on Earth loosing about ½ its value sometimes each year for years and years in a row (10+ to 20 years). Going from 1 to 1 with the $USD dollar to nearly 60 to 1 with about 6000% inflation over 20 years. The rest of Latin America maybe has no idea “how poor” and how much financial trouble Argentina is really in.
CLP: Chilean Peso: The Latin currency playing with a “historical financial sideline” a long time running back (promoting) “low value” currency with a “richer chilean latin” lifestyle.
MXN: Mexican Peso: Surprisingly the most “central” currency in Latin America. Not valued too much above or too much below any other currency. Every other currency is either “a little” above or “a little” below the Mexican Peso at 25 to 1. Mexico’s un-official exchange rate is “1 to 1” with the rest of Latin America and 25 to 1 the “highly-developed” North American World. The Mexican Peso makes it “surprisingly” easy to understand all the other currencies since its currency is “about the central or average or median currency”.
COP: Colombian Peso: One of the most important currencies in ALL of Latin America. An “explosively valuable and geographically momentous and philosophically important latin currency”. The “COP” is strategically important because of its close connection with Panama and Central America and also the “frontier of the Amazon jungle” and the only country in all of latin America that is connected to both the Caribbean and Pacific Coast and “indigenous” latin culture. A COP currency is valued at 4000 to 1 and as a result of its “low value” raises the “natural value” of ingenious life and “real food” and also increases the general “hate” of “fake money”. Many of the people in North West South America (Venezuela, Columbia, Peru, Ecuador are very independent “hight jungle” or “high mountain attitude” and have even relied on “drug” currency. Cocaine is accepted as a “natural viagra” similar to legalized marijuana or cannabis in North America and Europe. This region is a “geographic pivot” and a complex currency.
CRC: Costa Rican Colon: The Center of Central American Currency. Most currencies that are geographic centers around the world also become the “middle” or “average” currency with their two neighbors on either side being balancing currencies. So in Central America the “exchange rates” fluctuated in the “middle” if you are in the middle or the middle of Central America. Rather then “forcing” a 1 to 1 with the far far they simply peg the value of their currency to their neighbors which creates a “natural currency stability” or have a “fixed inflation” where they decrease the currency by a specific value (meaning a specific number of “pesos”) each year “on purpose” relative to another currency.
PYG: Paraguay (Guaraní): The most “worthless” currency in all of South America and also “the official center of official trade and real geographic center of South America”. 6000 to 1? Paraguay has “officially” helped all the other neighboring currencies in South America by “showing off what not to do”. Paraguay has been the least valuable currency for several decades. Can you imagine paying several THOUSAND for a coffee and police with actual machine guns on every block with no one in the street?
PEN: Peruvian Sol & GTQ: Guatemalan Quetzal: The Indigenous Currency “Heart” of Latin America is surprisingly one of the most stable and even more valuable currencies.
JMD: Jamaican Dollar: One of the most “independent” currencies in the Caribbean and a very important currency because it “floats a lot!”
UYU: Uruguayan Peso: For the first time in “history” the Uruguayan Peso is worth more and “trusted” more then its larger neighbor Argentina. Perhaps Uruguayan currency is the “once savior” of Argentina. Starting in 2018 the Uruguayan Peso was worth more then Argentinean Currency.
DOP: Dominican Peso and HTG: Haitian Gourde: Two of the most complex currencies in Latin America. Back in 2004 the Caribbean had some of the most important changes to its currency value in *all* of Latin American Currency history and Haiti and Dominican Republic are at the center of the “wild windy” “currency hurricanes” in the Caribbean.
Many of the currencies in Latin America do not follow traditional exchange rate rules or “common law” of 1 to 1, 10 to 1 or 100 to 1 or 1000’s to 1. In fact most of the Latin American Currency do not follow any “normal philosophical dealings” of “base 10”. Instead, Latin America has an entirely different “exotic exchange rate” that isn’t on a “base 10” system like in Asia making Latin American Currency “oddly” a floating social latin currency class. Currency in Latin America varies around mostly around “25 to 1” (Mexico) but also varies at 5 to 1 (Brazil) or 2 or 3 to 1 to 1 or 6000/4000/858/625/133/90/60 to 1.
Unlike the European Union there is no central latin American banking system or “latin peso like the euro” in Latin America. Its likely that a “united currency” would likely “help stabilize the United Stated Dollar” because of it would be at first competitive with North American Currency and then maybe even be more valuable then a North American Currency. Today Latin American is a Currency “jungle” of modern exotic currencies to “learn from”…
Hope this helps!
Asher
:)
