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Consider the plot of the nominal exchange rate of the New Zealand dollar below. New Zealand: Exchange Rate: Market or Par EOP, USUNZ$ 0.125 0.825

Consider the plot of the nominal exchange rate of the New Zealand dollar below.

New Zealand: Exchange Rate: Market or Par EOP, USUNZ$ 0.125 0.825 0.750 0.675- - 0.675 0.600 - 0.600 0.525- - 0.825 0.450- - 0.450 08 0G Source: International Monetary Fund Haver Analytics

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