The overall depreciation/appreciation of the home currency (price currency) over the 5 year period is +6.54% for
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Question:
The overall depreciation/appreciation of the home currency (price currency) over the 5 year period is +6.54% for USD/CNY and -78.73% for TRY/CNY
Calculate the yearly appreciation/depreciation of the home currency
TRY = Turkish Lira
CNY = Chinese Renminbi
Year | USD/CNY | Depn/Appreciation % | TRY/CNY | Depn/Appreciation % |
25/01/2018 | 6.36773 | 1.69724 | ||
25/01/2019 | 6.79026 | 1.28835 | ||
25/01/2020 | 6.93802 | 1.1692 | ||
25/01/2021 | 6.48144 | 0.87436 | ||
25/01/2022 | 6.3321 | 0.471072 | ||
25/01/2023 | 6.78397 | 0.360781 |
Related Book For
Fixed Income Securities Valuation Risk and Risk Management
ISBN: 978-0470109106
1st edition
Authors: Pietro Veronesi
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