The election of 2016 is finally over, and the 45th president of the United States will be Donald Trump. This will impact America, obviously, but the rest of the world is weighing in on how this is going to affect them. President-elect Trump’s election has already changed the global economy; as the votes were being counted on November 8, the value of the Mexican peso dropped 11%, and has since regained 2%. This means that one dollar became equal to just over 20 pesos, a value that has never happened before; on 11/4, a dollar was worth about 19 pesos. Japan’s currency, the yen, also had a drop in value of 5.4%.

In New York on Wall Street, stocks quickly crashed in shock at the sudden reality of a Trump presidency. Similarly to the value of the Mexican peso, though, the stock market quickly regained its standing as values shot back up overnight. Of course, only time will be able to tell what will happen with stocks over the next few years under President Trump’s supervision.

Many economists said that this election bore strong resemblance to Brexit, but like what happened when Britain left the European Union, the full effects of this event are uncertain. Some say that this will have more of an impact on the global economy than Brexit did, others say that the results might be the same.

As far as foreign relations were affected by the election, some countries’ leaders are cheering, while others are taking a strong stance in order to uphold the goals and ideals of their nation. President Vladimir Putin in Russia, Dutch Representative Geert Wilders, and French Party President Marine Le Pen have all congratulated Trump on his win, and are interested in ways to create compromises and dialogues in this new presidential term. However, many leaders, including those in Iran, Japan, and those in charge of NATO have spoken, saying that, while they will compromise with Trump, they are not necessarily pleased with the outcome of the election.

Closer to home, the country is still polarized on the results of the election. Young people especially are taking part in protests happening all over the country. And now the Commander in Chief, the man in control of the world’s largest military and the man who will ultimately control the biggest country in the western hemisphere is Donald Trump, for better or for worse.