Currency Stress Index — month by month
8 months on recordEvery month this index has been published, each with the story behind its number: the biggest moves, the headlines that drove them, and what eased the pressure. Closed months are locked; the current month refreshes nightly. Long-run average so far: 25.1.
Every month on record
tap a month for its storyApril 2026 →
Calm · range 24–33 · 27 days
The Currency Stress Index saw its highest tension early in the month, hitting a peak of 33 on April 4. Middle East uncer…
May 2026 →
Calm · range 23–30 · 31 days ▼ 0.6
The Currency Stress Index recorded an average reading of 27.0 throughout May 2026. Early in the month, market tension hi…
June 2026 →
Calm · range 29–38 · 30 days ▲ 6.2
The Currency Stress Index started June at its lowest point of 29 on June 1st before rising throughout the month. Tension…
July 2026 →
Calm · range 16–37 · 31 days ▼ 2.3
The Currency Stress Index reached an early peak of 37 on July 1 before sliding down to its lowest point of 16 on July 30…
August 2026 →
Calm · range 15–18 · 31 days ▼ 14.6
The Currency Stress Index reached its lowest point of the month at 15 on August 6, helped by a firmer yen following a la…
September 2026 →
Calm · range 15–22 · 30 days ▲ 1.1
The Currency Stress Index started September at its low point of 15 on September 7th. Tension began rising mid-month afte…
October 2026 →
Calm · range 22–28 · 31 days ▲ 7.6
In October 2026 the Currency Stress Index averaged 25.0 (). It peaked at 28 on 2026-10-12 and touched a low of 22 on 202…
November 2026 →
Calm · range 22–25 · 5 days ▼ 1.6
The Currency Stress Index reached its monthly high of 25 on November 1st before dipping to its low of 22 on November 4th…
How to read this timeline
What a month card shows. The big number is the monthly average of the Currency Stress Index — every day of the month added up and divided, nothing smoothed. Under it: the zone that average falls in, the lowest and highest daily score, and how the month compared with the one before.
Where this record stands. The Currency Stress has been running since April 2026. Its strongest month so far was June 2026 at 33.2; its calmest was August 2026 at 16.3 — a spread of 16.9 points. Compared with its first month it is now lower by 4.2.
Why the month pages matter. An average hides the story. Each month page lists the biggest daily moves and the headlines that caused them, plus what eased the pressure. That is how you tell a one-day shock from a real shift.
Locked and open. Closed months are locked the day they end and never rewritten. The current month refreshes every night until it closes, so its card can still move.
Back to the live Currency Stress Index · World Tension archive · API · CC BY 4.0