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 %