According to analysts Goldman Sachs, Japanese Yen is the revalued the currency of the Group of Ten, and the Norwegian Krone - the most undervalued. According to the model the fair value of the bank, yen overestimated by 2 standard deviations, the euro - at 1.4 Swiss francs - to 1.3, the British pound - at 1, the Canadian dollar - at 0.4, while New Zealand Dollar - 0.2. At the same time, the Norwegian Krone underestimated by 2 standard deviations, followed by Australian dollar - to 1, and the Swedish Krona - 0.5. As stated in Goldman Sachs, the value of currencies can deviate from its fair value over a relatively long period of time. Nevertheless, the greater is the deviation, the greater the chance of a dramatic return to the equilibrium value.
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