Final Project – Analyzing
Foreign Exchange and
Economics 1 : Final Project – Analyzing
Foreign Exchange and Investment
Lesson 6 Overview
It’s time to apply what you’ve
learned in this course about
macroeconomics and how
each nation’s economy
To complete this project,
you’ll need to research a
foreign currency that you find
interesting. You’ll then perform a macroeconomic analysis of the
currency and write a paper that summarizes your conclusions.
6.1 Analyze foreign exchange and investment and the
effects each nation’s economy has on another nation’s
Graded Project: Analyzing Foreign Exchange and Investment
SUBMITTING YOUR PROJECT
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Your project must be submitted as a Word document (.docx, .doc)*. Your project
will be individually graded by your instructor and therefore may take up to five to
seven days to grade. Be sure that each of your files contains the following
Your student ID number
The exam number
Your email address
To submit your graded project, follow these steps:
Log in to your student portal.
Click on Take Exam next to the lesson you’re working on.
Find the exam number for your project at the top of the Project Upload
Follow the instructions provided to complete your exam.
Be sure to keep a backup copy of any files you submit to the school!
Every country has its own currency. The value of a country’s currency is
directly related to its economics. Therefore, the value of each country’s
currency is different.
The question becomes, “How can countries and businesses do business
with each other when the value of each country’s currency is different?”
The answer is The Currency Exchange Rate.
With the advent of the Internet, there has been an explosion in the
Forex Market to the point where this market dwarves all other markets.
The Forex Market (FX for short) is where currencies are bought and sold
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and a price is “fixed” on a moment-by-moment basis between the values
of different currencies. This is known as the “currency exchange rate.”
For example, as of this writing, $1 U.S. will get you $1.31 Canadian.
This difference in the exchange rate means that the U.S. Dollar (the
U.S. economy) is stronger than the Canadian Dollar (the Canadian
economy) because for each U.S. Dollar, you get more Canadian Dollars.
Conversely, for $1 U.S., you’ll only get $0.80 Sterling or British Pound.
The U.S. economy is weaker than England’s economy because for each
U.S. Dollar, you get less British Pounds.
Choose one country from the following list:
UK (United Kingdom – England – Great Britain)
This final project will require you to examine the FX currency of your
choice from the list above versus the U.S. Dollar over any recent
consecutive five-year period as to why the exchange rate fluctuated
during that period.
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Use the following writing guidelines to complete and submit your paper:
Using Microsoft Word or a Word-compatible program, include the
following information at the top of the paper:
Student ID Number
Course Title and Number
Graded Project Number (the six-digit number found on your
The paper will contain three parts:
The Main Body
A Summary or Conclusion
Your paper must be a minimum of five pages in length, including a
Works Cited page.
The submission will be double-spaced, in a standard print font of
size 12. Use a standard document format with 1-inch margins. Do
not use any fancy or cursive fonts.
Be sure to use correct grammar, punctuation, and spelling. Use the
tools available in Word or other software programs such as
Grammarly to check and correct the English Composition.
Citing Your Work:
A minimum of five citations is required.
When it comes to citing source material that isn’t your own,
there are two parts to a citation. The first one is the in-text
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citation and the second one is the citation presented on the
Works Cited page itself.
Improperly formatted citations, or missing either of the two
parts of citations, constitutes Plagiarism and results in a failing
grade of 1.
The citations must follow APA formatting.
If you don’t remember how to make a properly formatted APA
citation, go to the Purdue OWL (Online Writing Lab) website by
following these steps:
Do a search on the Internet for “Purdue OWL” and go to
In the menu on the left, click on Research and Citation.
From the drop-down menu, click onAPA Style.
Click on APA Formatting and Style Guide.
Select Reference List: Electronic Resources.
Alternatively, go to Penn Foster’s Writer’s Block (pflibrary.pennfoster.ed
u/writersblockhomepage) , or call and speak with an English instructor to
refresh your memory on how to make a proper citation.
To write your paper, follow these suggested steps:
Select a foreign currency you want to analyze versus the U. S. Dollar.
Find the FX ticker symbol for the currency.
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Perform your research. Go to a website such as www.xe.com (www.xe.c
om/currencycharts/?from=USD&to=EUR&view=1D) or Bloomberg that
has charting capabilities for the currency selected versus the US Dollar.
Even a search in Google for the name of the currency exchange rate
(such as searching “China currency exchange rate”) can be done to
view a chart.
Decide on a five-year period that you’ll want to analyze. Record the
currency exchange rate over the five years showing the “significant”
points in time such as:
The starting point for the five-year period
The high points
The low points
Any “relatively” major ups and downs in the exchange rate
The ending point for the five-year period
Be sure to save the web address, as it will be used as one of the
citations required later on in your Works Cited page.
Once you have the exchange rates for the five-year period, research to
formulate an opinion as to why the exchange rate fluctuated over that
Using your knowledge of Macroeconomics, research the economics of
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the country selected (such as GDP figures, supply/demand, housing,
and labor, just to name a few of the economic concepts that you’ve
learned about) and the events (such as political events, natural or
unnatural disaster events, war events) that had an effect on the
economy of the country.
Do the same research for the economics of the United States during that
Write a first draft of your paper following the guidelines presented
The introduction should include what the paper is about, the currency
selected, and a table listing the currency exchange rates as of specific
dates for the country selected versus the U.S. dollar. This table should
have an in-text citation and a properly formatted citation on the Works
Cited page so that these figures can be verified based upon the citation
presented. Work, facts, figures, and any other elements that aren’t your
own must be properly cited; otherwise, this is plagiarism and will warrant
a grade of 1. This introduction should be one or two paragraphs at most
and include the table.
The main body of the paper will present your opinion as to why the
currency exchange rate fluctuated over the five-year period. You must
support your opinion with at least four in-text citations and include these
citations, properly formatted, on the Works Cited page.
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The economic analysis needs to include both sides of the currency
exchange rate. There can be no exchange rate if there’s only one side
(one country). Therefore, the analysis must include the selected
currency and the U.S. dollar.
For this analysis, you’re being asked to provide a minimum of four pages
as a summary of your opinion.
The parts of the paper should include:
The introduction which states what the paper is about and includes
a table with the exchange rates over the selected five-year period
The main body of the paper which discusses both economies
providing an opinion as to why the exchange rate fluctuated and
include in-text citations to show support for that opinion. Remember
the in-text citations also need to be included on a Works Cited
The summary or conclusion, which is a summary of what was
presented in the introduction and main body of the paper. It should
only be one or two paragraphs in length.
Remember: Follow the writing guidelines, use 12pt font, double spacing,
and the analysis needs to be a minimum of four pages.
Create a “Works Cited” page following APA guidelines as stated above.
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Not having correct in-text citations or properly formatted citations is
Plagiarism and warrants a grade of 1.
Proofread the draft getting ready for its submission. Put it away for a day
or two and then come back to it. Good writing is about rewriting. Be sure
to grammar check and spell check the paper. There is no excuse for
having these types of mistakes.
When ready, submit your paper following the instructions for submitting
Your project will be evaluated according to the following criteria:
Introduction 20 percent
Main Body (Analysis) 50 percent
Summary or Conclusion 10 percent
Written Communication 10 percent
Format 10 percent
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