Cross exchange rate between currencies and depreciation and appreciation of currencies.
1. What was the cross-exchange rate between the Real and the Peso in 2001? Real____/Peso
2. Illustrate what was the cross-exchage rate between the Real and the Peso in 2002? Real_____/Peso
3. Explain what has the Peso depreciated or appreciated against the Real and by how much?______And by how much of a percentage?
4.Has the Peso depreciated or appreciated against the Dollar and by how much?_____And by how much of a percentage?