How are different currencies showing different ATHs? Is this a function of local demand? Or de/inflation of local currency? Sorry if this is obvious to others. Would like to understand. thx
Discussion
It due to the fact that they have, at different pace, lost their values against the USD since last ATH. Hence even though the USD still 15% below nominal ATH, my local currency NOK just blasted past the nominal ATH from 2021.