Table 1: Exchange Rates September 2011 British Pound Euro Japanese Yen One US Dollar .50 .75 In US Dollars | 2.00 1.33 100 .01 Use table #1 to answer the following questions: 1. How many British pounds can you get for one US dollar? 2. How many dollars would you get if you exchanged 1 British pound for dollars? 3. Which currencies is the US dollar weak against? 4. Which currency is the US dollar strong against? 5. How many dollars would you need to exchange if you wanted to get 4 British Pounds? 6. How many Japanese Yen would you get if you exchanged 5 US dollars? 7. How many US dollars would you get if you exchanged 10 Euro?

Table 1: Exchange Rates September 2011 British Pound Euro Japanese Yen One US Dollar .50 .75 In US Dollars | 2.00 1.33 100 .01 Use table #1 to answer the following questions: 1. How many British pounds can you get for one US dollar? 2. How many dollars would you get if you exchanged 1 British pound for dollars? 3. Which currencies is the US dollar weak against? 4. Which currency is the US dollar strong against? 5. How many dollars would you need to exchange if you wanted to get 4 British Pounds? 6. How many Japanese Yen would you get if you exchanged 5 US dollars? 7. How many US dollars would you get if you exchanged 10 Euro?

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter36: Exchange Rates And Financial Links Between Countries

Section: Chapter Questions

Problem 13E

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Find the following cross rates. a) Chinese Yuan/Japanise Yen (i.e. how many Chinese Yuan are needed to buy 1 Janapise Yen?) b) UK Pound/Mexican Peso (i.e. how many Pounds are needed to buy 1 Peso?)
Currency Key: Name of currency British Pound Euro | Japanese Yen Origin UK European Union Japan Table 1: Exchange Rates September 2011 British Pound Euro Japanese Yen One US Dollar |.50 .75 In US Dollars 2.00 1.33 100 .01 Use table #1 to answer the following questions: 1. How many British pounds can you get for one US dollar? 2. How many dollars would you get if you exchanged 1 British pound for dollars? 3. Which currencies is the US dollar weak against? 4. Which currency is the US dollar strong against?_ 5. How many dollars would you need to exchange if you wanted to get 4 British Pounds? 6. How many Japanese Yen would you get if you exchanged 5 US dollars? 7. How many US dollars would you get if you exchanged 10 Euro?
a. Calculate the U.S. dollar-Swiss franc exchange rate, Es/franc, and the U.S. dollar-British pound exchange rate, Es, as of June 30, 2010. '$/£' b. What happened to the value of the U.S. dollar relative to the Swiss franc and the British pound between 2009 and 2010? Calculate the percentage change in the value of the U.S. dollar relative to each currency using the U.S. dollar-foreign currency exchange rates you calculated in (a). c. Using the information in the table for the most recent year, calculate the Japanese yen- Norwegian krone exchange rate.
K Using the currency cross rate table, convert US$298.00 to Canadian dollars. Canadian U.S. Euro Japanese British Australian dollar dollar pound dollar yen 1.5928 0.0126 2.2608 0.9087 1.1604 0.0082 1.6607 0.6667 0.0085 1.4309 0.5737 197.98 80.52 0.3923 Canadian dollar U.S. dollar Euro Japanese yen British pound Australian dollar 1.3899 0.7195 0.6278 0.8618 79.37 121.95 117.65 0.4423 0.6022 0.6989 0.0051 1.1005 1.4999 US$298.00 will purchase C$. (Round to the nearest cent as needed.) 1.7431 0.0124 2.5491 www
2. Analyze the data from China, Japan, Switzerland, Indonesia, Ukraine, and Taiwan (6 countries), and fill in the table as follow showing overvalued and undervalued currencies. (10%) Write a conclusion stating why PPP doesn't hold true according to the actual data. (10%) Country Local dollar Implied PPP Actual of the dollar price 1 United States China Indonesia Switzerland Ukraine Taiwan 5 20 30000 6.5 54 69 exchange rate 1 6.8 14000 0.9 28 30 Under/over against the dollar 0% valuation
Thomas , a currency trader in East African Community, has ksh 400,000. He wishes to assess if triangular arbitrage by moving to Uganda, and Tanzania. The exchange rate quotes from the currency convertor was: 32TZ/1 KES 20UGH/IKES Agreed exchange rate between Uganda shillings and Tanzania shilling was 1.5 UGH /1TZ Compute the cross exchange rate and triangular arbitrage profit. Explain your answer.
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A British pound cost 2.00 in U.S. dollars in 2008, but 1.27 in U.S. dollars in 2017. Was the pound weaker or stronger against the dollar? Did the dollar appreciate or depreciate versus the pound?
Many developing countries, like Mexico, have moderate to high rates of inflation. At the same time, international trade plays an Important role In their economies. What type of exchange rate regime would be best for such a countrys currency vis Ă´ vis the U.S. dollar?