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The following table shows hypothetical monthly exchange rates for the Canadian dollar and the euro, as well as the standard deviation of the percentage changes
The following table shows hypothetical monthly exchange rates for the Canadian dollar and the euro, as well as the standard deviation of the
percentage changes for each currency.
Use the table to select the percent change from April to May in the Canadian dollar exchange rate and the euro exchange rate.
The percentage change in the Canadian dollar from April to May represents
in the value of the Canadian dollar.
In this example, the value of the
was more volatile over the entire time period.
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