urgent PPP comparision as given below Japan vs USA needed in 40 minutes
First find the exchange rate now and 1 year ago
Now: 0.032887 USD/TWD (Taiwan Dollar)
1 year ago: 0.031936 USD/TWD
http://www.x-rates.com/calculator/?from=TWD&to=USD&amount=1
http://www.x-rates.com/historical/?from=TWD&amount=1&date=2016-10-02
Next, find inflation rates.
US inflation = 1.9%
TW inflation = 0.96%
http://www.usinflationcalculator.com/inflation/current-inflation-rates/
http://www.tradingeconomics.com/taiwan/inflation-cpi
Apply PPP
IP(US) – IP(TW) = Change in S / S
(1.9% - 0.96%) vs (0.032887-0.031936) / 0.031936
0.94% vs 2.98%
9 years ago
3
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