Question 8, Problem 9-9 (algorithmic)

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Part 1

TrepakThe

Russian Dance. Calculate the percentage change in the value of the ruble for the two different cross rates shown in the table

Exchange Rates

Nov. 7, 2013

Nov. 7, 2014

Dec. 4, 2014

Dec. 16, 2014

Dec. 24, 2014

Jan. 16, 2015

Russian rubles per Swiss franc

35.286

48.252

56.246

70.283

55.361

76.639

Russian rubles per U.S. dollar

32.403

46.725

54.417

67.508

54.621

65.072

for the five periods. Did the ruble fall further against the U.S. dollar or the Swiss franc?

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Part 1

For the period from November 7, 2013 to November 7, 2014:

Question - The percentage change in Russian rubles per Swiss franc is______?