Exchange Rate Communication and % Change Calculations, James Tompkins

This is the fifth lecture in the "International Finance" series in which I discuss some fundamentals that are likely part of any International Finance class. For example, what is an exchange rate? How are exchange rates communicated? How do you calculate the percentage change when the exchange rate changes? As always, where appropriate, the goal is to maximize your understanding as opposed to your memorization.

[@jaredhofer7916]

I appreciate the simplicity with which you provide the theory and the logic you use while guiding the listener through the lecture... These lectures are helping me get through the terrible accent my current professor possesses.

[@understandingfinance]

Jared Hofer Great! Thanks!

[@rome5235]

I LOVE YOUR LECTURES

[@Vezarici]

unique, valuable, rare, golden lectures !!! i just watch your videos from time to time to just feel happy

[@understandingfinance]

+Hamza Zaki Wow! Thank you Hamza.

[@manoellapereira132]

Amazing lecture! Exactly what I was looking for, thank you!

[@understandingfinance]

+Manoella Pereira Great! Thanks.

[@shreyas1004]

Your lectures are absolutely valuable .I am doing MBA right now,and the lectures i get in my college is nowhere near how good your's are .Thanks a lot! The understanding is deep and lasting.

[@understandingfinance]

+Shreyas Subramaniya Thanks! :)

[@danielmorgan3590]

I also agree believe me I was lost before t stumbled onto our videos

[@md.shafiqulislam7976]

Perfect lecture sir

[@KBaylie]

very clear lecture. you're awesome! Thank you!!!

[@understandingfinance]

Thank you for your kind words.

[@FAREEYxo]

Thank you so much!

[@understandingfinance]

FAREEYxo You are welcome. So glad it is helpful.

[@wajidazeemfy]

Mr. James
Firstly I am grateful for your unmatched quality lectures. ... Is something wrong with my machine that I can't download this (fifth lecture on International finance) in MP4 format? I am getting options of either video only or audio only....I did all other 12 lectures on this subject as well as all corporate finance and adv corporate finance... and all went well.... except this one...

[@understandingfinance]

عبدالواجد عظیم Thanks for your kind words. I do not know why you are having a problem. If anyone else is please comment or if anyone has any advice please comment. I am not very tech savvy. Sorry.

[@thaizdebique2685]

how did u get 0.68Eo. I like your lectures by the way

[@understandingfinance]

+Thaiz de pique Thanks. In the equation at slide 13 multiply both sides by E0 and then add E0 to both sides to solve for E1. Hope this helps.