Currency tracking project dollar bill full#
Currency tracking project dollar bill professional#

The European Central Bank considers the marking of bills (as well as the destruction of them) to be legal and not exclusive to governments. In the Eurozone marking is not universal, and varies by region. In the United States, marking bills is illegal if there is intent to render the bill 'unfit to be re-issued' however, this is rarely enforced and only a fine is faced, if convicted. Marking bills in Canada with ink or rubber stamp is not illegal. In the Eurozone because multiple countries having adopted the Euro, this easily leads to competition between trackers in different countries in the United States competition plays out at the state or county level and in Canada, at the provincial level. Many successful sites incorporate some sort of social media, either through site specific unique techniques, or through outside popular social media sites. Especially with the Euro bill tracking, trackers have taken on a much more competitive nature and have formed communities within their respective sites. Originally beginning in the United States in the mid-1990s, the phenomenon or hobby of currency tracking quickly spread first to Canada and then beyond. 2 Popular currency bill tracking websites.

Currency tracking project dollar bill full#

Give a final Presentation in a вЂњ Business TV NewsвЂќ style on your charts for the full period.Submit your completed final report on the.Discuss your tracking progress in the middle of week 10 with your teacher.It is the quality of the overall report and NOT the quantity that is important. Major Political events for the period should also be considered. Please also note the importance of other markets including OIL and GOLD. Monetary Policies and Macroeconomics generally are very important here.ДЄwareness of the FOREX market in general and how the other major FOREX rates have performed generally is also important. Note: Students are expected to use market вЂjargonвЂ™ and market terminology as much as possible and make reference to G7, G20 and the Central Banks as appropriate. Assess methods of managing foreign exchange exposure in these currencies.Explain the impact of these events on each of the currencies you are tracking.(minimum of 2 articles for each currency tracked) Highlight the main events and activities in the worldвЂ™s FOREX market during the period.Identify which of the FIVE currencies has become stronger or weaker as a result of the changes in the exchange rates.Highlight- Start, End, High and Low- for the period.Include Table of вЂњclosing ratesвЂќ and full вЂњchartвЂќ for the period. Describe the daily movements in ALL the exchange rates.BOP components and trends for the country ( 5 years minimum).Background of the country- The currency exchange arrangement for the currencies tracked.Prepare a report (4,000 words) that includes the following essential requirements:.b) Any relevant comparisons in the charts of the other FOREX rates.a) Fortnightly and overall periodical movements in the FOUR FOREX Rates and.You may use EXCEL to store data and produce charts that show:.Record the FOREX rates at the close of business in New York every working day for a period starting from Friday 1 st December, 2017 to Saturday, 31 st March 2018, using a reliable FOREX website.You will track the exchange rates for each of these foreign currencies against the USD. Each group of four students has been assigned 4 major currencies.

Currency tracking project dollar bill professional#

This will also record how professional a job you have done over the term, and the lessons you have learnt from the project. You can view this as the вЂњPeriod ReportвЂќ for your currency fund, and it is what you use to document the analysis and evaluation of the exchange rate movements of the assigned currencies. The period of tracking will be for 4 months from Friday 1 st December, 2017 to Saturday, 31 st March 2018.ДЄt the end of the period, your team will be required to turn in a binder that documents your currency tracking activities over the course of the period.

Evaluating impact of economic, geographical and political factors on exchange rates.Дuring the course of this project, you will track the currencies of four countries against the US Dollar, conduct all the analysis underlying the movements in currency exchange rates and evaluate the impact of various factors affecting exchange rates.

Identifying factors affecting exchange rate movements.

Analysis of movements in exchange rates.

Thus, the goal of this project is to enable you to put into practice the entire process of: However, the implications of these concepts cannot truly be understood until they are put into practice. The lecture component of the International Trade and Finance class introduces the students to numerous concepts regarding management of foreign exchange exposure and international trade. International Trade and Finance Currency Tracking Project