The exchange rate between the Mexico Peso (MXN) and the Australian Dollar (AUD) is 6.13

The exchange rate between the Mexico Peso (MXN) and the Australian Dollar (AUD) is 6.13 MXN/AUD today.

Question 1: An economist expects the MXN to appreciate by 33.3% over the next year. What exchange rate is he forecasting?

Question 2: A second economist expects the AUD to depreciate by 25%. What exchange rate is she forecasting?

Question 3: Do the economists agree? Explain.

Question 4: A year ago, the exchange rate was 6.3 MXN/AUD. Which economist believes that there is a continuing trend in the development of the exchange rate and which economist believes that there is a reversal in the development of the exchange rate?