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You are kindly requested to collect the foreign exchange rates for the EUR, GBP, NZD and AUD on monthly average bases, for the time period

You are kindly requested to collect the foreign exchange rates for the EUR, GBP, NZD and AUD on monthly average bases, for the time period November 1st, 2021, till October 31st, 2022.

Answer the following questions: Analyze the volatility of the four currencies over the time horizon identified and determine which currency has witnessed the highest volatility. Provide a plausible justification at the best of your ability.

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