1. Suppose it takes 1.46 U.S. dollars today to purchase one British pound today.

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1. Suppose it takes 1.46 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 17% against the pound over the next 30 days. What is the U.S. dollar/Euro exchange rate in 30 days? 
2. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2691 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9076 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)? 
3. Suppose one U.S. dollar can purchase 163 yen today. If the yen depreciates by 4% tomorrow, how many yen could one U.S. dollar buy tomorrow?  
4. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.0423 = $1.00,
and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.0793 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)? 

5. You can exchange $1 for either C$1.3872 or ¥133.99. What
is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for ¥ per C$.  

6. Suppose it takes 1.23 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 12% against the pound over the next 30 days. What is the Euro/US Dollar exchange rate in 30 days?That is, how many euros can 1 dollar buy in 30 days? 

7. In New York, you can exchange $1 for €0.8789 or £0.6632. Suppose that, in Berlin, £1 costs €1.188. How much profit can you earn on $31,428 using triangle arbitrage? 

    • 11 years ago
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