Monetary Game Exchange
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This is the first week for Monetary Exchange Game. You will purchase $100,000 USD of foreign currency (a hard tradeable currency). Exchange rates to be determined by the website: https://www1.oanda.com/currency/converter/.
- The buys/sells are to be done each Wednesday using the value from the above website. The most optimal time for best exchange is between 12 p.m. to 3 p.m. CST. Rates change every minute of every day, so this is the most stable time for rate exchange. However, you may purchase anytime your schedule permits.
- Screenshot a copy of your currency exchange and paste it to a Word document. Include the results of your trade and discuss the logic you utilized behind your moves. Submit your Word document for grading.
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