Name ____________________________________________________________ Date_____________ Period ____________
Exchange Rates Webquest
Go to http://www.investorwords.com/1806/exchange_rate.html
1. Define exchange rates ___________________________________________________________________________
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2. When is the exchange rate used? ___________________________________________________________________
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3. What affects exchange rates? ______________________________________________________________________
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Go to http://www.xe.com/ucc/
*Determine the exchange rate for the following countries based on the U.S. dollar (“From this currency” should read
“United States Dollar”, “To this Currency” should be the country you are converting)
One U.S. Dollar equals:
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_________________ Euro
_________________ United Kingdom Pounds
_________________ Canada Dollars
_________________ Japanese Yen
_________________ Indian Rupees
_________________ Afghanistan Afghanis
_________________ Bahamas Dollars
_________________ Brazil Reais
_________________ China Yuan Renminbi
_________________ German Marks
_________________ Hong Kong Dollars
_________________ Korea South Won
_________________ Mexico Pesos
_________________ Pakistan Rupees
_________________ Philippine Pesos
_________________ Russia Rubles
_________________ Saudi Arabia Riyals
_________________ South Africa Rand
_________________ Taiwan New Dollars
_________________ Venezuela Bolivares
21. Which currency was the strongest next to the U.S. dollar? _______________________________________________
22. Which currency was the weakest next to the U.S. dollar? ________________________________________________
Go to : http://financial-dictionary.thefreedictionary.com
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Define currency appreciation ______________________________________________________________________
Define currency depreciation ______________________________________________________________________
Define foreign exchange market ____________________________________________________________________
Define balance of trade ___________________________________________________________________________
Define trade surplus______________________________________________________________________________
Define trade deficit______________________________________________________________________________
Define balance of payments _______________________________________________________________________
Go to: http://useconomy.about.com/od/tradepolicy/p/Dollar_Power.htm
1. How did the U.S. dollar become the Global Currency? __________________________________________________
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2. Why is the U.S. dollar the new Gold Standard? ________________________________________________________
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3. When did the U.S. dollar experience declines? ________________________________________________________
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4. Why did Alan Greenspan argue that the Euro could replace the dollar as Global Currency? _____________________
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5. Why is it in no ones interest for the dollar to collapse? __________________________________________________
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6. What is another reason why the shift to the Euro would happen slowly? __________________________________
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*Click on the Value of the Dollar*
7. What happened from March to September 2009 to the value of the dollar? _______________________________
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8. What had happened prior to its decline? ____________________________________________________________
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9. According to the article the dollar is declining for the following reasons:
1) ________________________________________________________________________________________
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2) ________________________________________________________________________________________
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3) ________________________________________________________________________________________
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4) ________________________________________________________________________________________
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5) ________________________________________________________________________________________
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Hidden Messages of the Dollar
Go to: http://www.munic.state.ct.us/BURLINGTON/us_one_dollar_bill/us_one_dollar_bill.htm
*Decipher the hidden messages found on the dollar by providing a brief description of each:
1.
Origins of the Dollar _______________________________________________________________________________
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2. The Sales above the treasury symbol __________________________________________________________________
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3.
The Key _________________________________________________________________________________________
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4. Two Circles ______________________________________________________________________________________
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5. Pyramid _________________________________________________________________________________________
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6. The Eye _________________________________________________________________________________________
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7. ANNUIT COEPTIS __________________________________________________________________________________
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8. NOVUS ORDO SECLORUM __________________________________________________________________________
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9. MDCCLXXVI ______________________________________________________________________________________
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10. Right Circle ______________________________________________________________________________________
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11. Bald Eagle _______________________________________________________________________________________
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12. The Shield _______________________________________________________________________________________
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13. E PLURIBUS UNUM ________________________________________________________________________________
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14. Thirteen Stars ____________________________________________________________________________________
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15. Clouds __________________________________________________________________________________________
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16. Olive Branch _____________________________________________________________________________________
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17. Arrows _________________________________________________________________________________________
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18. The Number 13 __________________________________________________________________________________
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