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Exchange Rates: Conversions and Analysis Part 1 Directions: Use this spreadsheet (each year is listed on a separate tab) to determine the exchange rate for
Exchange Rates: Conversions and Analysis Part 1 Directions: Use this spreadsheet (each year is listed on a separate tab) to determine the exchange rate for one U.S. Dollar for various time periods. Date Exchange Rate Answer 2022 1. 1 U.S. Dollar Equals _ Mexican Pesos 19.888 2005 2. 1 U.S. Dollar Equals Mexican Pesos 11.091 2001 3. 1 U.S. Dollar Equals Mexican Pesos 9.68 4. Between 2001 and 2005, which currency appreciated and which currency depreciated? 2005 to the most current release? Part 2 Directions: Using the data from Part 1 of the activity, which year would the exchange rate benefit the following groups the most? Justify your answer. Economic Actors Year in Which the Economic Justification Actor Would Benefit the Most 5. Mexican Tourist Visiting the United States 6. United States Consumers of Mexican Made Goods 7. United States Producers of Goods Exported to Mexico 8. United States Producers Buying Imported Resources for Production 9. Mexican Producers of Goods Exported to the United States
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