When analyzing the exchange rates above, how would you determine if the value of the US dollar has appreciated or depreciated?  Use examples from the tables. of Currency Exchange Rate JANUARY $1 = Exchange Rate MARCH $1 = Polish Zloty4.54.08Mozambique Meticals62.566.00Albanian Lek109.08111.60Australian Dollar1.851.67

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter36: Exchange Rates And Financial Links Between Countries
Section: Chapter Questions
Problem 14E
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When analyzing the exchange rates above, how would you determine if the value of the US dollar has appreciated or depreciated?  Use examples from the tables.

of Currency

Exchange Rate JANUARY

$1 =

Exchange Rate MARCH

$1 =

Polish Zloty4.54.08Mozambique Meticals62.566.00Albanian Lek109.08111.60Australian Dollar1.851.67

 

 

 

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