4 total answers needed. 1. Measuring movements in exchange rates...
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1. Measuring movements in exchange rates The following table shows hypothetical monthly exchange rates for the Canadian dollar and the euro, as well as the standard deviation of the percentage changes for each currency Use the table to select the percent change from March 1 to April 1 in the Canadian dollar exchange rate and the euro exchange rate. Value of the Canadian Dollar Value of Euro (US Dollars per Monthly Percent Change in (US Dollars per Monthly Percent Change in Month Canadian Dollar) Canadian Dollar Value euro) Euro Value January 1 $0.8 $1.29 February 1 0.81 1.25% 1.3 0.78 March 1 0.82 1.23% 1.31 0.779 April 1 0.84 1.33 May 1 0.85 1.1996 1.32 -0.25% June 1 0.83 an appreciation 1.29 -2.27% July 1 0.84 1.20% no change 1.33 3.10W Standard Deviation 1.63% 1.85% a depreciation -2.35% The percentage change in the Canadian dollar from March 1 to April 1 represents In the value of the Canadian dollar In this example, the value of the was more volatile over the entire time period

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