What is the USD price of these various hamburgers in March 2024? Local price SUSD price Hamburger in Canada = 13.55 dollars Hamburger in Australia = 15.34 dollars Hamburger in Panama = 10.00 dollars Hamburger in New Zealand = 16.34 dollars Hamburger in Hong Kong* = 78.20 dollars Hamburger in USA = 10.00 dollars *USD/HKD = 7.82 5) a) If 40 BAW = 1 USD, then 1BAW = ? USD b) If 1 USD = 0.67 MAK, then 1 MAK = ? USD c) If 1 USD = 5 DXE, then 1 DXE = ? USD d) If 1 GTE = 0.25 USD, then 1 USD = ? GTE 6) In March 2023 you converted $1,000 USD into Chilean Pesos (CLP) and deposited them in a bank. a. How many Pesos did you receive in exchange for your $USD? b. If you earned a total of 17% interest for the time the Pesos were in the bank, then in March 2024 how many Pesos did you have? c. If you converted the CLP back to USD at the current March 2024 rate, how many USD would you end up with? d. What was your % rate of return?12) A bag containing 5 kilos of rice at a store in the city of Manila, Philippines costs 510 Philippine Pesos. The official exchange rate is: 1 USD = PHP 51 The black market exchange rate in the Philippines is 1 USD = PHP 83 a. How many USD does this rice cost at the official rate? b. How many USD does this rice cost at black market rate? ABC COUNTRY CURRENCY WE SELL WE BUY A-B K. . Australia Dollar 1.4036 1.7463 China Yuan 9.214 12.096 D-F East Carib. Dollar 3.7042 5.1517 G-I Hungary Forint 272.78 360.87 J- L . Japan Yen 116.40 144.64 Maldives Rufiyaa 23.148 29.100 N-P K... New Zealand Dollar 1.7257 2.2066 Q-S Russia Rouble 39.625 52.636 Thailand Baht 43.128 55.130 U-Z USA Dollar 1.4783 1.8350 13) This chart above is from some unknown place. Let's assume it is an exchange in London, United Kingdom. It shows the amount of foreign currency that is equal to one British Pound. a. If you are exchanging 1,000 GB Pounds, how many US Dollars will you get? b. If you want to buy 1,000 GBP, how much will it costs you in $USD?21/24 Q3/24 Q4/24 Major Price Signal Q2/24 EURUSD 1.09168 1.07777 1.07355 1.06933 1.06522 GBPUSD 1.27781 1.25800 1.25282 1.24777 1.24259 AUDUSD 0.66016 0.64656 0.64305 0.63960 0.63616 NZDUSD 0.61479 0.60584 0.60255 0.59932 0.59610 USDJPY 147.921 151.380 152. 133 152.901 153.670 USDCNY 7. 19754 7.23014 7.24889 7.26764 7.28639 USDCHF 0.88075 0.88884 0.89256 0.89636 0.90008 USDCAD 1.34877 1.36192 1.36613 1.37034 1.37468 USDMXN 16.7096 17.1557 17.2597 17.3655 17.4712 15) Look at this chart above. You can read it this way: EUR/USD = "What is the value of one Euro, measured in USD? (In the chart above, the EUR is currently worth 1.09168 USD) Answer these questions. Look at the forecasted rate for the end of 2024 (Q4/24). a. Against the USD is the British Pound (GBP) expected to get stronger or weaker by the end of 2024? . Is the Euro (EUR) getting stronger or weaker vs the USD? c. Against the Japanese Yen (JPY), is the USD expected to get stronger or weaker? . Is the Canadian Dollar (CAD) expected to increase or decrease in value vs USD? e. Is the Swiss Franc (CHF) expected to get stronger or weaker vs the USD? Is the USD expected to increase or decrease in value vs the Mexican Peso (MXN)? 16) Your friend says he is going to Hong Kong, and is very excited because "the dollar is worth almost 8 times more in Hong Kong than the US" (1USD = 7.82 Hong Kong dollars). His vacation therefore should be "super cheap" and he is planning a major shopping trip. Why is their logic totally incorrect? (Write a minimum of 100 words in your answer) 1 United States Dollar equal 7.82 Hong Kong Dollar Mar 23, 3:03 PM UTC . Disclaimer United States Dollar 7.82 Hong Kong Dollar17) Your brother in law wants to invest her money in a bond in Russia, because the interest rate she can get is over 15% compared to 5% or less in the US. What various problems does she need to worry about that might make her investment not as profitable as she hopes? Describe at least 3. I 2 S 18) What probably happened that a government decided it needed to print the below banknote? WOO0M0NO0NN0 RESERVE BANK OF ZIMBABWE | 100000000 e 45 AR | SRR | 19) a. According to the exchange rates provided by the professor, which countries appear to have abandoned their local currency between March 2023 and March 20247 b. Why do you think they did this, and what benefit would this country gain by doing this? Can you think of any negative consequences? Lions Exchange Rates for March 2023 Country Currency Exchange Rate (Per 1 USD) Algeria Algerian Dinars (DZD) 136.658860 Australia Australian Dollar (AUD) 1.484799 Austria Euro (EUR) 0.943975 Bangladesh Bangladesh Taka (BDT) 106.089443 Belgium Euro (EUR) 0.943975 Brazil Brazilian Reals (BRL) 5.200077 Canada Canadian Dollar (CAD) 1.359968 Chile Chilean Peso (CLP) 827.346560 Colombia Colombian Peso (COP) 4,824.200867 Denmark Euro (EUR) 0.943975 Ecuador U.S. Dollar (USD) 1.000000 Fiji Islands Fiji Dollar (FJD) 2.216681 Finland Euro (EUR) 0.943975 France Euro (EUR) 0.943975 Germany Euro (EUR) 0.943975 Guatemala Guatemala Quetzal (GTQ) 7.811144 Iceland Iceland Krona (ISK) 143.903273 India India Rupee (INR) 82.702646 Ireland Euro (EUR) 0.943975 Israel Israeli Shekel (ILS) 3.670851 Italy Euro (EUR) 0.943975 Japan Japanese Yen (JPY) 136.178007 Korea Korean Won (KRW) 1,317.522367 Luxembourg Euro (EUR) 0.943975 MD 300 Taiwan New Taiwan Dollar (TWD) 30.656287 Mexico Mexican Peso (MXN) 18.391493 Morocco Moroccan Dirham (MAD) 10.399614 Nepal Nepal Rupees (NPR) 132.382723 Netherlands Euro (EUR) 0.943975 New Zealand New Zealand Dollar (NZD) 1.620770 Nicaragua Nicaragua Cordoba (NIO) 36.488165 Norway Norwegian Krone (NOK) 10.356012 Pakistan Pakistan Rupee (PKR) 259.323567 Panama U.S. Dollar (USD) 1.000000 Portugal Euro (EUR) 0.943975 South Africa South African Rand (ZAR) 18.376071 Sri Lanka Sri Lanka Rupee (LKR) 363.316367 Sweden Euro (EUR) 0.943975 Tunisia Tunisian Dinar (TND) 3.136641 Turkey U.S. Dollar (USD) 1.000000 United Kingdom British Pound (GBP) 0.830640 Venezuela Venezuela Bolivar (VES) 84.280000Lions Exchange Rates for March 2024 Country Currency Exchange Rate (Per 1 USD) Algeria Algerian Dinars (DZD) 134.605523 Australia Australian Dollar (AUD) 1.533916 Austria Euro (EUR) 0.922846 Bangladesh Bangladesh Taka (BDT) 109.717957 Belgium Euro (EUR) 0.922846 Brazil Brazilian Reals (BRL) 4.956895 Canada Canadian Dollar (CAD) 1.354592 Chile Chilean Peso (CLP) 977.092717 Colombia Colombian Peso (COP) 3,932.233533 Denmark Euro (EUR) 0.922846 Ecuador U.S. Dollar (USD) 1.000000 Fiji Islands Fiji Dollar (FJD) 2.264993 Finland Euro (EUR) 0.922846 France Euro (EUR) 0.922846 Germany Euro (EUR) 0.922846 Guatemala Guatemala Quetzal (GTQ) 7.803744 Iceland Iceland Krona (ISK) 137.835930 India India Rupee (INR) 82.891 158 Ireland Euro (EUR) 0.922846 Israel Israeli Shekel (ILS) 3.594030 Italy Euro (EUR) 0.922846 Japan Japanese Yen (JPY) 150.175080 Korea Korean Won (KRW) 1,334.304800 Luxembourg Euro (EUR) 0.922846 MD 300 Taiwan New Taiwan Dollar (TWD) 31.635923 Mexico Mexican Peso (MXN) 17.077126 Morocco Moroccan Dirham (MAD) 10.085562 Nepal Nepal Rupees (NPR) 132.683330 Netherlands Euro (EUR) 0.922846 New Zealand New Zealand Dollar (NZD) 1.634457 Nicaragua Nicaragua Cordoba (NIO) 36.801327 Norway Norwegian Krone (NOK) 10.561503 Pakistan U.S. Dollar (USD) 1.000000 Panama U.S. Dollar (USD) 1.000000 Portugal Euro (EUR) 0.922846 South Africa South African Rand (ZAR) 19.168083 Sri Lanka Sri Lanka Rupee (LKR) 310.135803 Sweden Euro (EUR) 0.922846 Tunisia Tunisian Dinar (TND) 3.120168 Turkey U.S. Dollar (USD) 1.000000 United Kingdom British Pound (GBP) 0.789689 Venezuela U.S. Dollar (USD) 1.000000