Exchange rates using the US dollar as the quote currency

Time = 1 Time = 2

USD / USD = [ 1.1023 1.1023 ] = 1.0000 USD / USD = [ 1.0502 1.0502 ] = 1.0000

GBP / USD = [ 1.3667 1.1023 ] = 1.2399 GBP / USD = [ 1.4102 1.0502 ] = 1.3824

EUR / USD = [ 1.1431 1.1023 ] = 1.0307 EUR / USD = [ 1.1316 1.0502 ] = 1.0775

AUD / USD = [ 0.7214 1.1023 ] = 0.6544 AUD / USD = [ 0.7312 1.0502 ] = 0.6962

Exchange rate changes using the US dollar as the quote currency

v a l u e c h a n g e = Δ G B P U S D = [ 1.3824 1.2399 1 ] × 100 1 = 8.30 %

v a l u e c h a n g e = Δ E U R U S D = [ 1.0775 1.0307 1 ] × 100 1 = 3.91 %

v a l u e c h a n g e = Δ A U D U S D = [ 0.6962 0.6544 1 ] × 100 1 = 6.39 %