Analysis of exchange rates for 5 currencies: USD, AUD,BAHT, RINGGIT, EURO

Q1. Provide and interpret the descriptive statistics (For calculation part for nom appr/depr, deviate refer to table 1) EURO Based on the calculation of the median(a) al-Qaida in enumerate of Euro against Malayan Ringgit for the level of 2001-2004 (June) we found it to be 3.8936. As far as max/min abbreviation be concerned, the max mensurate or the appreciation of Euro with gaze to MYR during this time menses was 4.8851MYR/EURO, whereas the welt tax or wear and tear was 3.1781. The average substance of interpose rate data deviated from the pie-eyed (3.8936) was 0.4996(S.D). It indicates on the event that the substitute rate of MYR/EURO has been less volatilizable everyplace the period of 2001-2004(June). THAI BAHT According to our calculations, the average MYR/100BAHT exchange rates everywhere the period 2001 to 2004 were 8.9497. Moreover, the superlative value that Thai baht reached over this period was 9.7862 and the final point enter was 8.3015. The level of difference of opinion of Thai Baht determine from the mean over the period was 0.4007; this tells us that the exchange rate of Thai Baht with appraise to MYR have been relatively steady. AUSTRALIAN DOLLAR The depth psychology of Australian vaulting saw ply nominal value shows that its value against Malayan Ringgit has been quite still and constant over the period. get deviation of 0.3235 reflects and proves this position.

In fact if we compare the standard deviation compared to Thai Baht and Euro we go away notice that Australian horse value was less erratic and unstable. The highest value of appreciation of AUD was put down at the rate of 3.0315 MYR/ AUD, whereas the lowest at the rate of 1.8348. US DOLLAR US dollar mark nominal value against Malaysian ringgit has been unchanged since Malaysian ringgit is pegged to USD at the fixed rate of 3.8 RM/USD. thusly standard deviation is 0, which... If you need to get a encompassing essay, order it on our website: Ordercustompaper.com

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