Your bank has provided bid and ask spot rates for the following currencies, ARS (Argentina), AUD (Australia), BRL (Brasil/Brazil), CNY (China), EUR (Euro), GBP (Great Britain), INR (India), JPY Japan), LKR (Sri Lanka), NZD (New Zealand), SOL (Peru), TRY (Turkey), USD (United States of America), and ZAR (South Africa). You think that the bank is taking a bigger spread on currencies that the bank deems to be the most volatile and thus subject to large and rapid changes in the exchange rate. Based on the spread percentages ((ask-bid)/ask), which three (3) currencies are the bank categorizing as the riskiest? Do you agree that these currencies are the riskiest? If not, which three (3) currencies do you think are the riskiest? Why?

ARS per CAD Bid	$ 136.2160
AUD per CAD Bid	$ 0.9965
BRL per CAD Bid	$ 4.2071
CNY per CAD Bid	5.1623
EUR per CAD Bid	0.6393
GBP per CAD Bid	0.5578
INR per CAD Bid	57.4755
JPY per CAD Bid	82.5404
LKR per CAD Bid	Rs. 277.37
NZD per CAD Bid	$ 1.1048
SOL per CAD Bid	S/ 2.8886
TRY per CAD Bid	13.740
USD per CAD Bid	$ 0.7993
ARS per CAD Ask	$ 145.8873
AUD per CAD Ask	$ 1.0890
BRL per CAD Ask	$ 4.5067
CNY per CAD Ask	5.47
EUR per CAD Ask	0.68
GBP per CAD Ask	0.60
INR per CAD Ask	61.5563
JPY per CAD Ask	89.29
LKR per CAD Ask	Rs. 294.12
NZD per CAD Ask	$ 1.1371
SOL per CAD Ask	S/ 3.0030
TRY per CAD Ask	14.868
USD per CAD Ask	$ 0.8476