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Review the currency pair charts for the Barbadian dollar againstthe Jamaican dollar, the Czech koruna...

Review the currency pair charts for the Barbadian dollar against the Jamaican dollar, the Czech koruna against the Polish zloty, the Nigerian naira against the Ghanaian cedi, and the Hong Kong dollar against the Macanese pataca. Which pair is pegged?

A) The Barbadian dollar against the Jamaican dollar

B) The Nigerian naira against the Ghanaian cedi

C) The Hong Kong dollar against the Macanese pataca

D) The Czech koruna against the Polish zloty

Barbadian dollar per 1 Jamaican dollar < > JMD-BBD Cross Rate Curncy . GP . Related Functions Menu Message * C: O ?. JMDBBD C

Czech koruna per 1 Polish Zloty < > PLN-CZK X-RATE Curncy GP . Related Functions Menu Message * C:o ? PLNCZK 6.3526 +.0013 mm

Nigerian naira per 1 Ghanaian cedi < > GHS-NGN Cross Rate Curncy GP . Related Functions Menu Message * C: -?- GHSNGN CMPL 51.

Hong Kong dollar per 1 Macanese pataca < > MOP-HKD X-RATE Curncy GP . Related Functions Menu Message * C: O ?. MOPHKD CMPL .9


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Answer #1

The correct answer is option C) The Hong Kong dollar against the Macanese pataca

Pegged currencies don't move on the chart. As it can be seen in the last chart, the currencies fluctuate in a very very narrow band. They are constant with very very minor fluctuation on either side of the central line. Hence, the correct answer is the option C)

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