Question
whether the Mexican peso depreciated or appreciated relative to the USD from January 2018 to January 2019. By how much(percentage)?

data attached.

la). Mexican Peso / USD 20.2878 2 19. Mexican Peso / USD 3/16 Jan 2018 Feb Mar April May June July Aug Sep Oct Nov Dec Jan Zo
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Jan'18 rate=18.948 Peso/USD =1/18.948 USD per Peso

Jan'19 rate=19.1704 Peso/USD=1/19.1704 USD per Peso

So Peso has depriciated by (1/18.948-1/19.1704)/(1/18.948)*100=1.16%

Add a comment
Know the answer?
Add Answer to:
whether the Mexican peso depreciated or appreciated relative to the USD from January 2018 to January...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The human resources department needs to forecast the number of employees at a site. The data...

    The human resources department needs to forecast the number of employees at a site. The data for several months is supplied below. Be careful since the data is listed beginning with the most recent. The forecasting method to be used here is the 7 month moving average. Please round your forecast to the nearest whole number Nov 2019: 956 Oct 2019: 1014 Sep 2019: 1009 Aug 2019: 963 Jul 2019: 966 Jun 2019: 1024 May 2019: 1045||Apr 2019: 1047 Mar...

  • That is the question. There's no more information I can give you about it. The information...

    That is the question. There's no more information I can give you about it. The information technology department needs to forecast spending on cyber security. The data for several months is supplied below. Be careful since the data is listed beginning with the most recent. The forecasting method to be used here is exponential smoothing with trend accounting for seasonality given a smoothing constant (alpha) of 0.26, a trend smoothing constant (delta) of 0.59, a previous trend amount, seasonally adjusted,...

  • AutoSaveff File Home InsertPage Layout Formulas Da D1 1 Year Month 2 1 13 17 1 January February 15 4 1 March 511 April 6 1 May 12 32 15 June 1 July 91 August 17 101 September33 15 October 12...

    AutoSaveff File Home InsertPage Layout Formulas Da D1 1 Year Month 2 1 13 17 1 January February 15 4 1 March 511 April 6 1 May 12 32 15 June 1 July 91 August 17 101 September33 15 October 12 1 November34 December 21 14 2 January26 15 2 February10 13 1 162 March 17 2 April 18 2 May 14 19 17 14 27 30 222 September25 June 21 2 23 2 25 27 3 29 3 August...

  • what formulas would I use to work out these calculations? Please help!! You complete using any...

    what formulas would I use to work out these calculations? Please help!! You complete using any method you've learnt This is done for you You complete Financial Year Summary Sheet Patron Revenue Total Product Profit Total Staff Cost Gross Profit Monthly Profit Jul-18) Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Monthly Fixed Costs $ 23,800 $ 23,800 $ 23,800 $ 23,800 $ 23,800 $ 23,800 $ 29,500 $ 29,500 $ 29,500 $ 29,500 $ 29,500 $...

  • What is the cash collection for October? Sales are: In the month of sales: 25% In...

    What is the cash collection for October? Sales are: In the month of sales: 25% In the next month: 22% After 2 months: 7% After 3 months: remainder is collected Month Sales $ Month Sales $ Jan         34,599 July     20,706 Feb         33,253 Aug     67,777 Mar       67,777 Sep     34,599 Apr     20,706 Oct     67,777 May         34,599 Nov         33,253 June     33,253 Dec     20,706

  • Date Gasoline Crude Oil Jan 01, 2010 2.031 79.07 Jan 08, 2010 2.124 82.34 Jan 15,...

    Date Gasoline Crude Oil Jan 01, 2010 2.031 79.07 Jan 08, 2010 2.124 82.34 Jan 15, 2010 2.079 80.06 Jan 22, 2010 2.010 76.62 Jan 29, 2010 1.942 73.94 Feb 05, 2010 1.885 74.57 Feb 12, 2010 1.908 73.88 Feb 19, 2010 2.031 78.25 Feb 26, 2010 2.042 79.22 Mar 05, 2010 2.127 80.19 Mar 12, 2010 2.154 81.76 Mar 19, 2010 2.150 81.44 Mar 26, 2010 2.118 80.65 Apr 02, 2010 2.191 83.01 Apr 09, 2010 2.238 85.66 Apr...

  • The following chart shows the monthly figures for Apple Computer, Inc. stock in 2010.† Marked are...

    The following chart shows the monthly figures for Apple Computer, Inc. stock in 2010.† Marked are the following points on the chart: Calculate to the nearest 0.01% your annual percentage return r (on a simple interest basis) if you had bought Apple stock in May and sold in October. The following chart shows the monthly figures for Apple 350 317.13 300+ 317.44 N. 294.07 250 260.09 a 255.96 Wem 235.8 258.77 235.97 218.95 258.77 V 246.94 211.98 235.86 218.95 200...

  • Give 3 forecasts for January 2007. Be sure to label the units. Naïve forecast: _______________ MA(2):...

    Give 3 forecasts for January 2007. Be sure to label the units. Naïve forecast: _______________ MA(2): _______________ MA(4): _______________ Gasoline Price Example: Data are given on the 2006 monthly prices of Gasoline($/gallon). Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Gasoline 2.359 2.354 2.444 2.801 2.993 2.963 3.046 3.033 2.637 2.319 2.287 2.380 MA

  • Jan Feb Mar Apr May June $172,180 $171,965 $169,100 $170,048 $168,204 $17...

    Jan Feb Mar Apr May June $172,180 $171,965 $169,100 $170,048 $168,204 $172,003 July Aug Sep Oct Nov Dec $172,938 $172,709 $171,500 $170,677 $170,732 $170,206 If the monthly staffing budget was $171,022 for all months last year, and one standard deviation equals $1,458, are any of these variances beyond the expected range of variation for the 2007 budget year? Illustrate this with a control chart that shows the actual budget by month, a mean line, +2 and -2 Standard deviations.

  • III. Cost of Goods Sold & Inventory (LLH 7) Cost of Goods Sold FIFO LIFO Hodor...

    III. Cost of Goods Sold & Inventory (LLH 7) Cost of Goods Sold FIFO LIFO Hodor Company is a wholesale distributor of doors. He replenishes his supply of doors on the 15th of each month and has sales only on the last day of cach month. The following information is available for 2019: Periodic Perpetual 2 pts 2 pts 3 pts 3 pts Beginning Inventory Purchase, Jan. 15 Purchase, Feb. 15 Purchase, Mar. 15 Purchase, April 15 Purchase, May 15...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT