Author

Georgio Papakonstantinou

Georgio joined AIRINC in the summer of 2020 as an Airfare Analyst and in 2021 transitioned to a data analyst. During his time in airfare, he has done extensive research and analysis for airfare pricing throughout the year. He received his B.A in Economics from the University of New Hampshire. He is based in the Cambridge office.

In January 2024, exchange rates were most affected by foreign reserves, raw resource prices, and demand for the U.S....
The last month of 2024 had few major changes. Each of these countries had domestic troubles regarding debt, inflation,...
Policy and supply/demand changes are the root for the few changes that occurred in November. Strict monetary policy and...
Exchange rates were stable excluding a few listed below with significant movement for the month of November. The main...
Exchange rates for the month of September were more stable than previous months. Few currencies moved drastically...
Currency movements for the month of August are mainly attributed to hyperinflation and government policy changes....
Currency Performance: Best and Worst from July 2023 This July, many currencies lost value with the U.S. dollar,...
Currency Performance: Best and Worst from June 2023 Foreign reserves and political instability highlight the currency...
March 2023 was quiet for currency movements compared to previous months. We have few volatile currencies this month...
The countries in this month’s exchange rate changes all experienced a depreciation with their currencies due to...
The main factors causing currency fluctuations this month are inflation forecasts, changes in domestic money supply,...
The United States’ rate increases continue to impact currency changes and a variety of domestic issues. At the domestic...
Currency Performance: Worst & Best in September 2022 The United States’ interest rate hikes, account deficits, and...
Currency Performance: Worst & Best in August 2022 This month’s currency changes can be attributed to political...
This month’s currencies were affected by a wide variety of reasons. Domestically, many currencies suffered due to...
Food shortages and gas prices continue to negatively impact countries’ abilities to help their people obtain basic...
The U.S. Dollar has risen in value comparably to other major currencies including the GBP and EUR causing many smaller...
Many countries have been negatively impacted by the Russian-Ukraine conflict. Fuel prices continue to rise and imports,...
Worldwide Impact In late February 2022, Russia invaded Ukraine by means of airstrikes and infantry. This major conflict...
Fluctuating Exchange Rates Many of January’s exchange rate fluctuations result from interest rate changes during the...
Losses and Gains in the Foreign Exchange: December 2021 Inflation remains to be the consistent driver of exchange rates...
Losses and Gains in the Foreign Exchange: November 2021 Many countries that were maintaining steady interest rates have...
Losses and Gains in the Foreign Exchange: September 2021 This month’s changes resulted from specific economic niches...
Movement Continues in the Foreign Exchange Market This movement is caused by political events, hyper-inflation,...
Losses and Gains in the Foreign Exchange: July 2021 The COVID-19 Delta variant is widespread in several regions,...
Losses and Gains in the Foreign Exchange: June 2021 Central Banks in many countries adjusted their policy to combat...
Losses and Gains in the Foreign Exchange: May 2021 The reopening of economies and industry has helped many countries...
Movement Continues in the Foreign Exchange Market There has been movement in the foreign exchange markets due to the...
Movement Continues in the Foreign Exchange Market This movement is caused by a rise in pandemic cases, hyper-inflation,...