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Q1 Provide and interpret the descriptive statistics For calculation part for nom apprdepr please refer to table 1 EURO Based on the calculation of the average exchange rate of Euro against Malaysian Ringgit for the period of 2001-2004 June we found it to be 38936 As far as maxmin analysis are concerned the max value or the appreciation of Euro with respect to MYR during this period was 48851MYREURO whereas the lowest value or depreciation was 31781 The average amount of exchange rate data deviated from the mean 38936 was 04996SD It indicates on the fact that the exchange rate of MYREURO has been less volatile over the period of 2001-2004June THAI BAHT According to our calculations the average MYR100BAHT exchange rates over the period 2001 to 2004 were 89497 Moreover the peak value that Thai Baht reached over this period was 97862 and the lowest point recorded was 83015 The level of deviation of Thai Baht values from the mean over the period was 04007 this tells us that the exchange rate of Thai Baht with respect to MYR have been relatively steady AUSTRALIAN DOLLAR The analysis of Australian dollar nominal value shows that its value against Malaysian Ringgit has been quite stable and constant over the period Standard deviation of 03235 reflects and proves this fact In fact if we compare the standard deviation compared to Thai Baht and Euro we will notice that Australian dollar value was less volatile and unstable The highest value of appreciation of AUD was recorded at the rate of 30315 MYR AUD whereas the lowest at the rate of 18348 US DOLLAR US dollar nominal value against Malaysian ringgit has been unchanged since Malaysian ringgit is pegged to USD at the fixed rate of 38 RMUSD Thus standard deviation is 0 which means that there was no deviation from the mean of 38 Q2-3 Which currency appreciated and depreciated What is nominal appreciation and depreciation For calculation
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