# Assessing Volatility of Exchange Rate Movements Assume you want to determine whether the monthly movements in the Polish zloty against the dollar are more volatile than the monthly movements in some other currencies against the dollar. The zloty was valued at \$0.4602 on May 1, \$.4709 on June 1 \$0.4888 on July 1, \$0.4406 on August 1, and \$S0.4260 on September 1. Using Excel or another electronic spreadsheet, compute the standard deviation (a measure of volatility) of the zloty’s monthly exchange rate movements. Show your spreadsheet.

FindFind

### International Financial Management

14th Edition
Publisher: Cengage
ISBN: 9780357130698
FindFind

### International Financial Management

14th Edition
Publisher: Cengage
ISBN: 9780357130698

#### Solutions

Chapter 4, Problem 27QA
Textbook Problem

## Assessing Volatility of Exchange Rate Movements Assume you want to determine whether the monthly movements in the Polish zloty against the dollar are more volatile than the monthly movements in some other currencies against the dollar. The zloty was valued at \$0.4602 on May 1, \$.4709 on June 1 \$0.4888 on July 1, \$0.4406 on August 1, and \$S0.4260 on September 1. Using Excel or another electronic spreadsheet, compute the standard deviation (a measure of volatility) of the zloty’s monthly exchange rate movements. Show your spreadsheet.

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