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Essay Available:
Pages:
3 pages/≈825 words
Sources:
1 Source
Level:
MLA
Subject:
Mathematics & Economics
Type:
Statistics Project
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 15.55
Topic:

Country Groups for Foreign Exchange Exercise (Statistics Project Sample)

Instructions:

Foreign Exchange Exercise

Plot Interface function to create a chart for each of the two currencies between two time periods
source..
Content:

Foreign Exchange Exercise

Q1. Select two (2) countries one each from two of the country groups (from Group 1 through Group 6) in EXIBIT 1on page 1 above:

a) Identify the currencies of the two countries by name

Canada uses the Dollar, while Argentina uses Pesos

b) The exchange rate of the two currencies expressed in terms of US Dollar per X currency (called the direct quote or price notation) and the exchange rate expressed in terms of X currency per domestic, US Dollar(indirect quote or volume notation)

Q2. For the two countries selected above, how much has each currency appreciated or depreciated (in percentages) between April 7, 2016 and April 7, 2017?

To find out the level of currency appreciation or depreciation.

(Et – E0)/E0 * 100 = % Δ ER, where:

E0= Exchange rate at the beginning of the period (US Dollar per X currency)

Et = Exchange rate at the end of the period (US Dollar per X currency)

%Δ ER = change in exchange rate = the amount of appreciation or depreciation (in percentages)


 

CAD/USD



USD/CAD



ARS/USD



USD/ARS



4/7/2016



1.3163



0.7597



14.514



0.0689



4/7/2017



1.3397



0.74644



15.36



0.065



Canadian Dollarà (0.7466-0.7597/)/0.7597à depreciation at -1.75%


Argentine Pesos à(0.065-0.0689)/ 0.0689à depreciation at -5.51%


Q3. a) From the above website, use the Plot Interface function to create a chart for each of the two currenc...

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