Euro and Pound Cross. The euro’s value against the British pound has seen some significant changes over recent years. Use the following graph of the €/£ exchange rate for the 12-year period between 2003 and 2015 to estimate the percentage change in the euro’s value versus the Pound Sterling for the following periods.

a. January 2004–January 2005

b. January 2007–January 2008

c. January 2011–January 2012

d. January 2013–January 2014

e. January 2014–January 2015

Transcribed Image Text:

1.6 1.4 1.2 1.0 0.8 0.6 0.4 0.2 Jun-03 Jan 2004-Jan 2005- Jan 2005-Jan 2006 Jan 2006-Jan 2007- Jan 2007-Jan 2008- Jan 2008-Jan 2009 Jan 2009-Jan 2010 Jan 2010-Jan 2011 Jan 2011-Jan 2012 Jan 2012-Jan 2013 Jan 2013-Jan 2014 Jan 2014-Jan 2015