Question
[Quantitative Problems] The following table lists foreign exchange rates between U.S. dollars and euro (EUR) during February, 2014. Which day would have been the best
[Quantitative Problems] The following table lists foreign exchange rates between U.S. dollars and euro (EUR) during February, 2014. Which day would have been the best day to convert $300 into euro? Which day would have been the worst day? What would be the di erence in euro?
Date | U.S. Dollars per EUR | Date | U.S. Dollars per EUR |
2014 | 2014 | ||
2/1 | 1.348781 | 2/15 | 1.369300 |
2/2 | 1.328781 | 2/16 | 1.369300 |
2/3 | 1.352399 | 2/17 | 1.370679 |
2/4 | 1.350628 | 2/18 | 1.375730 |
2/5 | 1.351799 | 2/19 | 1.376089 |
2/6 | 1.360180 | 2/20 | 1.368862 |
2/7 | 1.361194 | 2/21 | 1.372465 |
2/8 | 1.363577 | 2/22 | 1.373730 |
2/9 | 1.363577 | 2/23 | 1.373741 |
2/10 | 1.364353 | 2/24 | 1.374172 |
2/11 | 1.365278 | 2/25 | 1.374726 |
2/12 | 1.359235 | 2/26 | 1.367002 |
2/13 | 1.366882 | 2/27 | 1.371264 |
2/14 | 1.369081 | 2/28 | 1.380712 |
Which day would have been the best day to convert $300 to euros? Which day would have been the worst? What would the di erence be in euro
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