Did the currency of your country appreciated or depreciated? Explain why.
Watch the above video and study the three Exchange Rate Power point presentations;
Go to the X-Rates or xe.com website and find:
exchange rate for the US Dollar and any other country’s currency that you wish to study – you can select the same country that you are using for your research project or, in case you have limitations finding data, you may select another country.
then from the icons below the currency selection boxes, select Graphs and then select two specific exchange rates separated by a few monts.
based on the change in the rate, did the currency of your country appreciated or depreciated? Explain why.