Share
Explore BrainMass

Currency Conversion Rates and Interpretations

I've placed a chart of the value of Reais (Brazil) compared to the US dollar. Can you please help me understand the value here?
Questions: How did the currency change compare to the USD? Stronger or weaker?
How does this fluctuation affect an importer? An exporter? An investor?

Currency Table Brazil Reais
Units per USD USD per Unit
18-Jul-06 2.19 0.456621005
19-Jul-06 2.185 0.457665904
20-Jul-06 2.18 0.458715596
21-Jul-06 2.186 0.457456542
22-Jul-06 2.19225 0.456152355
23-Jul-06 2.19225 0.456152355
24-Jul-06 2.187 0.457247371
25-Jul-06 2.186 0.457456542
26-Jul-06 2.2005 0.454442172
27-Jul-06 2.187 0.457247371
28-Jul-06 2.1845 0.457770657
29-Jul-06 2.203348441 0.453854679
30-Jul-06 2.17995 0.458726118
31-Jul-06 2.174 0.459981601
1-Aug-06 2.1825 0.458190149
2-Aug-06 2.17 0.460829493
3-Aug-06 2.1759 0.459579944
4-Aug-06 2.1667 0.461531361
5-Aug-06 2.1722 0.460362766
6-Aug-06 2.1722 0.460362766
7-Aug-06 2.174 0.459981601
8-Aug-06 2.178 0.459136823

Solution Preview

Brazilian Currency (Reais) has marginally appreciated as it has moved to 2.178 on August 6 as compared to 2.19 as on 18 ...

Solution Summary

This solution provides a description and interpretation of currency changes.

$2.19