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Currency Appreciation/Depreciation

If we are comparing the U.S. dollar to the euro, and the euro increased in value from $1.35 to $1.45, what happened to the two currencies? Show the appreciation or depreciation rate for each currency. (Show all work/calculations/formulas.) If we are comparing the U.S. dollar to the yen, and the yen decreased in value from $.99 cents to $.90 cents, what happened to the two currencies? Show the appreciation or depreciation rate for each currency.

Please show all work/calculations/formulas (not on excel spreadsheet).

Solution Preview

If we are comparing the U.S. dollar to the euro, and the euro increased in value from $1.35 to $1.45, what happened to the two currencies? Show the appreciation or depreciation rate for each currency. (Show all work/calculations/formulas.) If we are comparing the U.S. dollar to the yen, and the yen decreased in value from $.99 cents to $.90 cents, what happened to the two currencies? Show the appreciation or depreciation rate for each currency.

Please show all work/calculations/formulas

If we are comparing the U.S. dollar to the euro, and the euro increased in value from $1.35 to $1.45, what happened to the two currencies? Show the appreciation or depreciation rate for each currency. (Show all work/calculations/formulas.)

Euro- Dollar

Initial quote= $1.35 /Euro
Final quote= $1.45 /Euro

Euro
Initial value= 1 Euro= $1.35
Final value= 1 Euro= $1.45

Initially it costs $1.35 to buy ...

Solution Summary

Calculates appreciation/depreciation of Euro and Yen vs. dollar.

$2.19