August 22, 2020 / Interesting

How Bitcoin Rate Has Changed In Three Years For Different Countries

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The researchers compared the changes in the exchange rate of the most capitalized cryptocurrency. Bitcoin rate growth in relation to a number of popular national currencies since the beginning of 2020 has ranged from 56% to 128%, reports Cointelegraph.

Bitcoin demonstrated the smallest growth in relation to the Swiss krona (56%), the largest – to the Brazilian real (128.4%). The growth of the cryptocurrency rate against the Russian ruble since the beginning of the year amounted to 97.7%.

At the same time, the growth rates of BTC against national currencies, on an annualized basis, look much more modest. The cryptocurrency showed the worst results in a pair with the Swedish krona (-1.3%) and Myanmar kyat (-1.6%).

The best growth result for the year was recorded in the bitcoin pair with the Zambian kwacha (56.1%).

At the same time, in the period from August 2018 to August 2020, the bitcoin rate grew most actively against the Argentine peso (365.3%).

For comparison, the result of BTC paired with the Russian ruble over the same period of time is 108.7%.

Remind, Bitcoin reached its maximum value in December 2017. As a result, comparing the current price of the cryptocurrency with the indicators of three years ago, in relation to national currencies, gives the following results:

The second part of the statistics:

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