Global Marketing
Essay by shaurin • December 27, 2013 • Essay • 979 Words (4 Pages) • 1,479 Views
Q1]
Country Currency(per U.S. Dollar, February 22 2011) Rate Currency (per U.S. Dollar, 11/7/2013)
Argentina Peso 4.0230
5.9335
Brazil
Reais 1.6690 2.2824
Britain
Pound 0.6181 0.6243
Canada
Dollar 0.9842 1.0446
China
Renminbi 6.5776 6.0922
India
Rupee 44.860 62.7240
Indonesia
Rupiah 8,865.0 11,279.774
Japan
Yen 83.0590 99.3429
Mexico
Peso 12.0851 13.1420
Philippines
Peso 43.60 43.26
Russia
Ruble 29.2303 32.4070
South Africa
Rand 7.1728 10.2613
South Korea
Won 1,126.83 10,64.20
Switzerland
Franc 0.9488 0.9230
Turkey
Lira 1.5988 2.0301
Q2]
Country Currency(per USD, 22/2/2011) Rate Currency (per USD, 11/7/2013) (+/- change in percentage) Relative to USD (+/- change in percentage) Relative to Home currency
Argentina Peso 4.0230
5.9335 -32.199% +47.489%
Brazil
Reais 1.6690 2.2824 -26.875% +36.753%
Britain
Pound 0.6181 0.6243 -0.9923% +1.003%
Canada
Dollar 0.9842 1.0446 -5.7821% +6.137%
China
Renminbi 6.5776 6.0922 +7.9676% -7.3796%
India
Rupee 44.860 62.7240 -28.48% +39.8221%
Indonesia
Rupiah 8,865.0 11,279.774 -21.408% +27.239%
Japan
Yen 83.0590 99.3429 -16.392% +19.605%
Mexico
Peso 12.0851 13.1420 -8.0422% +8.7455%
Philippines
Peso 43.60 43.26 +0.78585% -0.77982%
Russia
Ruble 29.2303 32.4070 -9.8025% +10.868%
South Africa
Rand 7.1728 10.2613 -30.099% +43.058%
South Korea
Won 1,126.83 10,64.20 +5.8852% -5.5581%
Switzerland
Franc 0.9488 0.9230 +2.7952% -2.7192%
Turkey
Lira 1.5988 2.0301 -21.245% +26.976%
Q3] Results of the Currency Fluctuations.
There are many factors that affect the appreciation and depreciation of a currency of a certain economy. Countries and other private organizations frequently have publications on the economic data regarding the GDP, unemployment numbers, retail sales, Manufacturing data, Consumer Price Index, international trade and so on. These data's are carefully analyzed to keep track of a countries economic performance. By looking at these performances one can tell whether there is a demand or a supply in the currency of that country. Thus if there is a huge demand in the currency then that currency will start appreciating and if there is a big sell out, then the currency will fall and thus depreciate.
A countries economy therefore decides the appreciation and deprecation of their currency which in turn are decided by not only the above mentioned factors but also many other factors like interested rates. Now let's have a look at how the interest rates of the country have a direct impression on assessing a currency. If there is a rise in the interest rates of the currency then there will be
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