Analysis of exchange rates for 5 currencies: USD, AUD,BAHT, RINGGIT, EURO

Q1. Provide and interpret the descriptive statistics (For calculation part for nom appr/depr, gratify refer to table 1) EURO Based on the calculation of the median(a) infrastructure in mark of Euro against Malayan Ringgit for the level of 2001-2004 (June) we found it to be 3.8936. As far as max/min epitome be concerned, the max take account or the appreciation of Euro with see to MYR during this time utmost was 4.8851MYR/EURO, whereas the strap honour or wear and tear was 3.1781. The average substance of deputise rate data deviated from the slopped (3.8936) was 0.4996(S.D). It indicates on the event that the transfigure rate of MYR/EURO has been less vapourisable everywhere the period of 2001-2004(June). THAI BAHT According to our calculations, the average MYR/100BAHT exchange rates everyplace the period 2001 to 2004 were 8.9497. Moreover, the superlative value that Thai baht reached over this period was 9.7862 and the concluding raze enter was 8.3015. The level of deviance of Thai Baht determine from the mean over the period was 0.4007; this tells us that the exchange rate of Thai Baht with honor to MYR have been relatively steady. AUSTRALIAN DOLLAR The compendium of Australian vaulting vaulting ply nominal value shows that its value against Malaysian Ringgit has been quite abiding and constant over the period. authentic aberrancy of 0.3235 reflects and proves this feature.

In fact if we compare the standard deviation compared to Thai Baht and Euro we exit notice that Australian horse value was less vaporific and unstable. The highest value of appreciation of AUD was save at the rate of 3.0315 MYR/ AUD, whereas the lowest at the rate of 1.8348. US DOLLAR US sawhorse nominal value against Malaysian ringgit has been unchanged since Malaysian ringgit is pegged to USD at the fixed rate of 3.8 RM/USD. thereof standard deviation is 0, which... If you neediness to get a good essay, order it on our website: Orderessay

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