FINANCIAL MANAGEMENT A5 Essay Example | Topics and Well Written Essays - 750 words

FINANCIAL MANAGEMENT A5 - Essay recitationverse, of representing the other currency by the sawbuck representation, here is what we get off oneness pound is equivalent weight to 1.474 dollars one yearn is equivalent to 0.010314 dollars and one euro is equivalent to 1.2596 dollars.Looking at the British pound, we usher out see the diversity in terms of the other currencies. One British pound is equivalent to 142.92 yen equivalent to 1.1702 euro and 1.474 dollar. displace it in reverse, we represent the other currency in terms of the British pound equivalent. In this, we get 0.6784 British pound for one dollar, 0.006997 British pound for one yen, and 0.855 British pound for one euro.The Japanese Yens equivalent is given in the table as well. We can see how often one yen is equivalent to the other currencies. One yen is equivalent to 0.008188 euro, 0.010314 dollars, and 0.006997 British pounds. If we put it in reverse, we can represent as to how many yen each currency has for it s equivalent in yen. victimisation the table, we get 96.96 yen for every dollar, 142.92 yen for one British pound, and 122.31 yen for one Euro.Lastly, we could represent the Euro by the other currencies. Here we see that one Euro is equivalent to 1.2596 dollars, 0.855 British pound, and 122.131 Japanese yen. If we put it in reverse, we can represent one currency by the amount of Euro. For every dollar, 0.7339 euro is the equivalent for every British pound, 1.1702 is the equivalent and for one Japanese yen, 0.008188 euro is the equivalent.Looking at a 91-day period we can first see the reduce for the Japanese yen. As for the yen, for every day that has passed, the equivalent of yen to a dollar increases. When this happen, we say that yen loses its value to the dollar and the yen depreciatesmore yen are needed to buy one dollar. As yen depreciates, the other currency appreciatestherefore, relative to yen, the trend for the dollar is upward and appreciating.The British pounds, Canadi an dollar and European euro show relatively similar trends among