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August 15, 2021

business finance

General Questions

Monetary Game Exchange

This is the second week for Monetary Exchange Game. You will convert the currency you bought last week into a different currency. YOU CANNOT CONVERT BACK TO USD! So choose a different currency. Exchange rates to be determined by the website: https://www1.oanda.com/currency/converter/ (Links to an external site.)

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 12:00pm – 3:00pm 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 to a Word document. Include the results of your trade and discuss the logic you utilized behind your moves.

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