Question

Exchange Rates: New York Closing Snapshot Find Historical Data | WHAT'S THIS? Wednesday, March 28, 2018 VIEW AS SPREADSHEET
U.S.-dollar foreign-exchange rates in late New York trading IN US$ US$ VS. % CHG PER US$ Country/currency Wed Tues 1-Day YTD Wed Tues Americas Argentina peso 0.0496 0.0496 -0.05 8.3 20.1455 20.1547 Brazil real 0.3012 0.3007 -0.17 0.2 3.3204 3.3259 Canada dollar 0.7739 0.7759 0.26 2.8 1.2922 1.2889 Chile peso 0.001655 0.001649 -0.36 -1.9 604.10 606.30 Ecuador US dollar 1 1 unch unch 1 1 Mexico peso 0.0546 0.0544 -0.44 -6.9 18.3062 18.3868 Uruguay peso 0.03534 0.03526 -0.21 -1.7 28.3000 28.3600 Venezuela bolivar 0.00002016 0.00002016 unch 479504.7 49600.0001 49600.0001 PLACE ALL ANSWERS FOR all questions ON ANSWER KEY ABOVE .

1. How many Canadian (Cdn $) dollars do you get for 1 U.S. dollar (USD) on 3/28/18

2. How many USD do you get for 1 CAD$ on 3/28/18?

3. Which currency, USD or CAD$, appreciated between prior day Tuesday trading 3/27/18 (prior day) and 3/28/18?

4. Please find current exchange rate (day you do this assignment) data for U.S. & Canada dollar.
A. What is this day’s exchange rate? B. What was it 1 year ago? C. What was it 3 years ago?

D. In general, has the U.S. dollar appreciated or depreciated in relation to the Canadian currency over the last year few years? For Questions #4, please go to ( http://finance.yahoo.com/currency or search finance.yahoo.com/currency), or (http://www.xe.com/currencycharts/?from=USD&to=CAD) find USD/CAD Canadian currency, then look at the most recent data. On answer sheet provide answer. A .Today 1USD= _________ Date: E. One year ago________ F. Three years ago _________ G. USD Appreciated or Depreciated __________

Answer 1

1) On 3/28/18 one could get 1.2921 Canadian dollar against 1 US Dollar.

2) On 3/28/18 one could get 0.7739 US Dollar against 1 Canadian dollar.

3 )US dollar appreciated between prior day Tuesday and 3/28/18.

4)

A. Today 1 USD= 1.2614 CAD$. Date: 4/11/18

E. One year ago 1USD = 1.3325 CAD$. DATE: 4/11/17.

F. Three year ago 1USD = 1.2566 CAD$. DATE: 4/11/15

G. USD appreciated from year 2015 to 2017 but again depreciated by 3/28/18 and further depreciated between the period 3/28/18 and 4/11/18.