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In the past three months, the price of the British pound (GBP) in Norwegian Krone (NK) has changed from NK 11.7/GBP to NK 12.2/GBP. How
In the past three months, the price of the British pound (GBP) in Norwegian Krone (NK) has changed from NK 11.7/GBP to NK 12.2/GBP.
How much did the NK appreciate/depreciate compared to the GBP?
Provide your answer in percent, rounded to two decimals, omitting the % sign. Indicate appreciate with a positive and depreciation with a negative number.
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