Foreign Currency Exchange

1
Foreign Currency Exchange

• Investing in Canadian and
• Australian Dollars for Profit

2
Foreign Currency Investment

• Total Investment 5,000.00
• Amount (U.S.) Invested in Canadian Dollars
  2,500.00
• Amount (U.S.) Invested in Australian Dollars
  2,500.00

3
Buying Canadian Dollars

• Buy Date 10/9/01
• Currency Per US Dollar on Buy Date 1.5625
• Canadian Dollars Purchased 3,906.25
• Total Spent 2,500.00 (U.S.)

4
Canadian Dollar Performance
5
Selling Canadian Dollars

• Sell Date 11/7/01
• US Dollar Equivalent 0.6283
• Total Received 2,454.30 (U.S.)
• Rate of Return -1.83
• Earnings -45.70

6
Buying Australian Dollars

• Buy Date 10/9/01
• Currency Per US Dollar on Buy Date 1.9715
• Australian Dollars Purchased 4,928.75
• Total Spent 2,500.00 (U.S.)

7
Australian Dollar Performance
8
Selling Australian Dollars

• Sell Date 11/7/01
• US Dollar Equivalent 0.5139
• Total Received 2,532.88 (U.S.)
• Rate of Return 1.32
• Earnings 32.88

9
Summary of Results

• Initial Investment 5,000.00
• Investment Period October 9, 2001 to November 7,
  2001
• Remaining Principal after Investment 4987.18
• Net Loss 12.82