USD – US Dollar
EUR – Euro
GBP – British Pound
JPY – Japanese Yen
CAD – Canadian Dollar
AUD – Australian Dollar
CHF – Swiss Franc
CNY – Chinese Yuan
EUR – Euro
USD – US Dollar
GBP – British Pound
JPY – Japanese Yen
CAD – Canadian Dollar
AUD – Australian Dollar
CHF – Swiss Franc
CNY – Chinese Yuan
Understanding the 2011 Currency Landscape
The financial landscape of 2011 was defined by significant volatility, the ongoing aftermath of the global financial crisis, and specific regional economic events that drastically altered exchange rates. Unlike today's rates, 2011 saw the US Dollar struggling against major currencies, a historically strong Australian Dollar, and a Swiss Franc that appreciated so rapidly it forced central bank intervention.
This Exchange Rate 2011 Calculator utilizes historical average market rates from that specific year to reconstruct the value of money during that period. Whether you are auditing historical financial statements, researching economic history, or analyzing past travel costs, understanding the specific conversion dynamics of 2011 is crucial.
Key Events Impacting 2011 Exchange Rates
The Eurozone Crisis: Concerns over sovereign debt in Greece, Portugal, and Ireland caused fluctuation in the Euro, though it maintained a relatively high average against the USD compared to later years.
Swiss Franc Peg: In September 2011, the Swiss National Bank shocked markets by pegging the CHF to the Euro to stop its rapid appreciation, setting a floor of 1.20 francs per euro.
Japanese Yen Strength: The Yen reached record highs against the USD following the TÅhoku earthquake and tsunami, prompting intervention by the G7 nations.
Commodity Currencies: The Australian Dollar (AUD) and Canadian Dollar (CAD) were exceptionally strong due to a global commodities boom, with the AUD frequently trading above parity with the USD.
2011 Average Rate Reference
The following table represents the approximate average exchange rates used in our calculator logic, standardized against the US Dollar for the year 2011.
Currency Pair
Average 2011 Rate
Context
EUR/USD
~1.39
Euro was significantly stronger than today.
GBP/USD
~1.60
Sterling maintained value despite UK austerity measures.
USD/JPY
~79.80
The Yen was historically expensive (Low number = Strong Yen).
AUD/USD
~1.03
Australian Dollar traded higher than the US Dollar.
USD/CHF
~0.89
Swiss Franc acted as a major safe haven.
How to Use This Calculator
To perform a historical conversion:
Enter the nominal amount you wish to convert in the "Amount" field.
Select the From Currency.
Select the To Currency.
Click "Convert using 2011 Rates".
The tool calculates the cross-rate mathematically based on the 2011 average value of both currencies against the USD.
function calculateExchange2011() {
// 1. Get input values
var amountInput = document.getElementById("amountInput").value;
var sourceCurrency = document.getElementById("sourceCurrency").value;
var targetCurrency = document.getElementById("targetCurrency").value;
var resultArea = document.getElementById("result-area");
var conversionResult = document.getElementById("conversionResult");
var rateDetail = document.getElementById("rateDetail");
// 2. Validate input
if (amountInput === "" || isNaN(amountInput)) {
alert("Please enter a valid numeric amount.");
return;
}
var amount = parseFloat(amountInput);
// 3. Define 2011 Average Exchange Rates
// Structure: Value is "Units of Currency per 1 USD"
// Based on historical 2011 yearly averages
var rates2011 = {
"USD": 1.0,
"EUR": 0.719, // 1 USD = 0.719 EUR (approx 1.39 USD/EUR)
"GBP": 0.624, // 1 USD = 0.624 GBP (approx 1.60 USD/GBP)
"JPY": 79.80, // 1 USD = 79.80 JPY
"CAD": 0.989, // 1 USD = 0.989 CAD (near parity)
"AUD": 0.969, // 1 USD = 0.969 AUD (AUD was stronger than USD, rate USD, then USD -> Target
// Formula: (Amount / Rate_Source_per_USD) * Rate_Target_per_USD
var sourceRate = rates2011[sourceCurrency];
var targetRate = rates2011[targetCurrency];
// Intermediate step: Value in USD
var valueInUSD = amount / sourceRate;
// Final step: Value in Target
var finalValue = valueInUSD * targetRate;
// Calculate the effective Cross Rate for display (1 Source = X Target)
var crossRate = targetRate / sourceRate;
// 6. Format Output
// Format numbers with commas and 2 decimal places
var formattedResult = finalValue.toLocaleString('en-US', { minimumFractionDigits: 2, maximumFractionDigits: 2 });
var formattedAmount = amount.toLocaleString('en-US', { minimumFractionDigits: 2, maximumFractionDigits: 2 });
var formattedRate = crossRate.toFixed(4);
// 7. Display Result
resultArea.style.display = "block";
conversionResult.innerHTML = symbols[targetCurrency] + " " + formattedResult;
rateDetail.innerHTML = formattedAmount + " " + sourceCurrency + " = " + formattedResult + " " + targetCurrency +
"Effective 2011 Rate: 1 " + sourceCurrency + " = " + formattedRate + " " + targetCurrency + "";
}