Currency Assignment

Currency Assignment Principles of Macroeconomics

100 points

Choose a currency from the list below by April 15, 2020. The currency exchange market is one that

follows the laws of supply and demand and the exchange rate is the price. Observe variations in those

exchange rates over time. Analyze market conditions in terms of changes in supply or changes in

demand.

Questions to be answered

1) Where is this currency considered legal tender?

2) What is the institution that issues new currency or controls the supply of the currency?

3) What are the factors that drive the demand for this currency on a international stage?

4) Pick one event where the exchange rate changed significantly (against the dollar), discuss possible

causes for the exchange rate to change.

Turn in a typed two to three page analyses.

You will be graded on the analytical content, grammar, general presentation and structure.

Submit your choice of currency via email. Two students will not be allowed to do the same currency so

submit your choice as soon as possible.

EUR Euro CNY Renminbi "Chinese Yuan" JPY Japanese Yen GBP British Pound CHF Swiss Franc CAD Canadian Dollar AUD Australian Dollar ZAR South African Rand BRL Brazilian Real INR Indian Rupee

KRW Korean Won MXN Mexican Peso RUB Russian Ruble IDR Indonesian Rupiah ILS Israeli New Shekel CLP Chilean Peso

CZK Czech Koruna DKK Danish Krone HKD Hong Kong Dollars HUF Hungarian Forint MYR Malaysian Ringgit NZD New Zealand Dollar NOK Norwegian Krone PKR Pakistan Repee PHP Phillippine Peso PLZ Polish Zloty SGD Singapore Dollar SEK Swedish Krona TWD Tiawan Dollar THB Thia Baht TRY Turkish Lira EGP Egyptian Pound