In 2012, the Polish currency gained 14.99 percent in total-return terms against the euro.

It was able to outperform the Hungarian forint (13.95 percent gain) and the Turkish lira (13.36 percent). There were also 5 different currencies from Latin America in the top ten positions of the ranking.

Meanwhile, the Japanese yen was the biggest loser. It depreciated 12.12 percent against the euro in 2012, while the next on the list, the Brazilian real registered a 3.68 percent loss against the common currency. In the red was also the American dollar, which lost 1.15 percent against the euro in the last twelve months.

JC