Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3. Go to federalreserve.gov and choose a currency that has historical data under Country Data. Use Excel to chart the direct spot from 1/1/20 to

3. Go to federalreserve.gov and choose a currency that has historical data under "Country Data."

  • Use Excel to chart the direct spot from 1/1/20 to the present (label axes, add a title). Copy and paste the graph into your Word doc.
  • Did your currency appreciate or depreciate against the USD?
  • Does your currency seem to have a lot of volatility?
  • Any other observations?

Data below is for South African Rand. I need assistance with questions and creating a chart.

1-Jan-20 ND
2-Jan-20 14.1220
3-Jan-20 14.2430
6-Jan-20 14.2060
7-Jan-20 14.3010
8-Jan-20 14.1560
9-Jan-20 14.2000
10-Jan-20 14.2550
13-Jan-20 14.4220
14-Jan-20 14.3970
15-Jan-20 14.3670
16-Jan-20 14.3770
17-Jan-20 14.4670
20-Jan-20 ND
21-Jan-20 14.4680
22-Jan-20 14.3380
23-Jan-20 14.4180
24-Jan-20 14.4250
27-Jan-20 14.6080
28-Jan-20 14.5660
29-Jan-20 14.6250
30-Jan-20 14.7879
31-Jan-20 14.9360
3-Feb-20 14.9100
4-Feb-20 14.7470
5-Feb-20 14.7980
6-Feb-20 14.9010
7-Feb-20 15.0620
10-Feb-20 15.0190
11-Feb-20 14.8510
12-Feb-20 14.8180
13-Feb-20 14.8870
14-Feb-20 14.9000
17-Feb-20 ND
18-Feb-20 14.9750
19-Feb-20 14.9800
20-Feb-20 15.1180
21-Feb-20 14.9660
24-Feb-20 15.1280
25-Feb-20 15.2000
26-Feb-20 15.1760
27-Feb-20 15.3920
28-Feb-20 15.6360
2-Mar-20 15.5370
3-Mar-20 15.2930
4-Mar-20 15.3480
5-Mar-20 15.5780
6-Mar-20 15.6350
9-Mar-20 15.9330
10-Mar-20 16.1030
11-Mar-20 16.1516
12-Mar-20 16.5310
13-Mar-20 16.3240
16-Mar-20 16.5330
17-Mar-20 16.5850
18-Mar-20 17.0960
19-Mar-20 17.3721
20-Mar-20 17.5000
23-Mar-20 17.7550
24-Mar-20 17.6550
25-Mar-20 17.4000
26-Mar-20 17.2768
27-Mar-20 17.5550
30-Mar-20 17.9450
31-Mar-20 17.7682
1-Apr-20 18.1450
2-Apr-20 18.5312
3-Apr-20 18.9850
6-Apr-20 18.6740
7-Apr-20 18.2220
8-Apr-20 18.2108
9-Apr-20 17.9030
10-Apr-20 18.0158
13-Apr-20 18.1400
14-Apr-20 18.3570
15-Apr-20 18.7320
16-Apr-20 18.6680
17-Apr-20 18.8500
20-Apr-20 18.8060
21-Apr-20 18.9650
22-Apr-20 19.0070
23-Apr-20 19.0400
24-Apr-20 18.9720
27-Apr-20 18.8510
28-Apr-20 18.6580
29-Apr-20 18.2510
30-Apr-20 18.4480
1-May-20 18.8500
4-May-20 18.7040
5-May-20 18.3880
6-May-20 18.7700
7-May-20 18.5210
8-May-20 18.3600
11-May-20 18.3890
12-May-20 18.2780
13-May-20 18.5210
14-May-20 18.5640
15-May-20 18.5400
18-May-20 18.3830
19-May-20 18.2650
20-May-20 17.9599
21-May-20 17.6530
22-May-20 17.7010
25-May-20 ND
26-May-20 17.4040
27-May-20 17.4180
28-May-20 17.4130
29-May-20 17.5960
1-Jun-20 17.4000
2-Jun-20 17.1950
3-Jun-20 16.8900
4-Jun-20 16.9310
5-Jun-20 16.8360
8-Jun-20 16.7900
9-Jun-20 16.6810
10-Jun-20 16.5560
11-Jun-20 17.0834
12-Jun-20 17.0110
15-Jun-20 17.2650
16-Jun-20 17.1525
17-Jun-20 17.2200
18-Jun-20 17.4850
19-Jun-20 17.3375
22-Jun-20 17.3350
23-Jun-20 17.2275
24-Jun-20 17.4050
25-Jun-20 17.2375
26-Jun-20 17.2625
29-Jun-20 17.3000
30-Jun-20 17.3525
1-Jul-20 17.0800
2-Jul-20 16.9675
3-Jul-20 ND
6-Jul-20 16.9750
7-Jul-20 17.0775
8-Jul-20 16.9750
9-Jul-20 16.9125
10-Jul-20 16.7475
13-Jul-20 16.6900
14-Jul-20 16.7500
15-Jul-20 16.5850
16-Jul-20 16.6400
17-Jul-20 16.6575
20-Jul-20 16.6700
21-Jul-20 16.4600
22-Jul-20 16.4550
23-Jul-20 16.5475
24-Jul-20 16.6925
27-Jul-20 16.4175
28-Jul-20 16.5425
29-Jul-20 16.5000
30-Jul-20 16.9125
31-Jul-20 17.0050
3-Aug-20 17.1925
4-Aug-20 17.3775
5-Aug-20 17.3175
6-Aug-20 17.4575
7-Aug-20 17.6325
10-Aug-20 17.6850
11-Aug-20 17.5350
12-Aug-20 17.3975
13-Aug-20 17.4175
14-Aug-20 17.3475
17-Aug-20 17.4600
18-Aug-20 17.3525
19-Aug-20 17.1800
20-Aug-20 17.2750
21-Aug-20 17.1275
24-Aug-20 16.9300
25-Aug-20 16.8625
26-Aug-20 16.9675
27-Aug-20 17.0025
28-Aug-20 ND
31-Aug-20 16.9150
1-Sep-20 16.6300
2-Sep-20 16.8325
3-Sep-20 16.7775
4-Sep-20 16.6025

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting The Impact On Decision Makers

Authors: Gary A Porter, Curtis L Norton

8th Edition

1111534861, 9781111534868

More Books

Students also viewed these Finance questions

Question

prepare balance sheets for non-profit organisations.

Answered: 1 week ago

Question

Explain all drawbacks of application procedure.

Answered: 1 week ago

Question

Discuss how selfesteem is developed.

Answered: 1 week ago