Get the CANSIM monthly data from 1974 to 2009 on the Canadian-dollar-per-U.S.-dollar exchange rate (series V37426), the Canadian-dollar-per-Britishpound exchange rate (series V37430), the Canadiandollar-per-Japanese-yen exchange rate (series V37456), and the Canadian-dollar-per-euro exchange rate (series V21570998) from the Textbook Resources area of the MyEconLab.

a. Present a time series plot of each of these series and compare it to Figure 19-1.

b. Calculate the mean and standard deviation as well as the maximum and minimum values for each series over the sample period.

c. Which were the worst and best decades in terms of exchange rate volatility against each of the four foreign currencies?