{"id":17297,"date":"2023-04-26T02:26:18","date_gmt":"2023-04-26T02:26:18","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/for-this-project-you-will-need-to-obtain-and-analyze-exchange-rate-data-pick-two-currencies-not-the-u-s-dollar\/"},"modified":"2023-04-26T02:26:18","modified_gmt":"2023-04-26T02:26:18","slug":"for-this-project-you-will-need-to-obtain-and-analyze-exchange-rate-data-pick-two-currencies-not-the-u-s-dollar","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/for-this-project-you-will-need-to-obtain-and-analyze-exchange-rate-data-pick-two-currencies-not-the-u-s-dollar\/","title":{"rendered":"For this project, you will need to obtain and analyze exchange rate data. Pick two currencies (not the U.S. Dollar)."},"content":{"rendered":"<p>For this project, you will need to obtain and analyze exchange rate data. Pick two<\/p>\n<div>currencies (not the U.S. Dollar).<\/div>\n<div>Data &amp; Analysis<\/div>\n<div>After selecting two currencies, gather data from www.xe.com\/currencytables (or search<\/div>\n<div>for \u201chistorical exchange rates\u201d in your browser). Obtain the direct exchange rate of<\/div>\n<div>Currency #1 for the beginning of each of the last 12 months. Insert this information into<\/div>\n<div>a column on an Excel spreadsheet. Repeat the process to obtain the direct exchange<\/div>\n<div>rate of Currency #2. Compute the percentage change in the value of Currency #1 and<\/div>\n<div>Currency #2 (i.e., from month to month). Determine the standard deviation of the<\/div>\n<div>movements (percentage changes) in Currency #1 and Currency #2.<\/div>\n<div>Written Explanations<\/div>\n<div>There is no page requirement for this portion. You may only need one or two pages.<\/div>\n<div>Just be thoughtful in your responses. Please answer the following questions:<\/div>\n<div>1. Have Currency #1 and Currency #2 strengthened or weakened against the U.S.<\/div>\n<div>Dollar over the last 12 months?<\/div>\n<div>2. Does it appear that Currency #1 moves in the same direction relative to the U.S.<\/div>\n<div>Dollar? Does it appear that Currency #2 moves in the same direction relative<\/div>\n<div>the U.S. Dollar? Explain.<\/div>\n<div>3. Compare the standard deviation of the Currency #1\u2019s movements to the standard<\/div>\n<div>deviation of the Currency #2\u2019movements. Which currency is more volatile? Why<\/div>\n<div>do you think this is?<\/div>\n<div>Data Visualization<\/div>\n<div>Plot the exchange rates for Currency #1 and Currency #2 for the 12-month period.<\/div>\n<div>Clearly label the x and y axes and provide a relevant title for the figure. You may use<\/div>\n<div>any program to create the figure.<\/div>\n<div>To be sure, you will need to upload three separate files for this project.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>For this project, you will need to obtain and analyze exchange rate data. Pick two currencies (not the U.S. Dollar). Data &amp; Analysis After selecting two currencies, gather data from www.xe.com\/currencytables (or search for \u201chistorical exchange rates\u201d in your browser). Obtain the direct exchange rate of Currency #1 for the beginning of each of the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[676],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/17297"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=17297"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/17297\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=17297"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=17297"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=17297"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=17297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}