I need to find how the exchange rate stability of the New Zealand dollar has changed over the last three years? Any ideas on how to find this information and what is the indicator? Thanks!How do you measure exchange rate stability?NZD rates are mainly affected by commodity prices and carry trades. Look both of those up on wiki and base your answer around that.
You'll get historical charts from oanda.com - make charts in excel with this data. Then correlate the movements with changes in commodity prices. talk about carry trades, and you're done!
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