Team Challenge -- France

Svetlana Dzhurylyuk
Victor Hernandez
Sharon Zhang
Joe Ziegler
Our team has chosen to invest $10,000,000 in US currency into 8 different foreign currencies.
We have chosen to invest into: The Euro, Swiss Fanc, New Zealand Dollar, Australian dollar,
Chinese Yuan, Hong Kong dollar, Singapore Dollar, and the Thai Baht

The Euros current exchange rate is $1 USD to 0.89 .

The Swiss Francs current exchange rate is $1 USD to 0.93 SwF
The New Zealand Dollars current exchange rate is $1USD to $1.33NZD
The Singapore Dollars current exchange rate is $1USD to $1.33SGD
The Australian Dollars current exchange rate is $1USD to $1.28AUD
The Chinese Yuans current exchange rate is $1USD to 6.22CNY
The Hong Kong Dollars current exchange rate is $1USD to $7.75HKD
The Thai Bahts current exchange rate is 1USD= 33.2715 THB.
Numbers are as of: May 4, 2015
The strategy we used to invest into 8 different foreign currencies was to split evenly among
them. We chose to invest $1,250,000 USD into each foreign currency.
This ended up totaling:
$ 1,116,944.05
$ 1,167,006.25 SwF
$ 1,659,585.89 NZD
$ 1,664,806.25 SGD
$ 1,600,000.00 AUD
7,775,000.00 CNY
$ 9,787,500.00 HKD
$ 41,589,375.00 THB

Our group chose to invest into the Euro because it is the largest and most common investing
and trading currency. Because the Euro is so widely used and trusted, it adds much liquidity to
currency that it is exchanged with. Although it is not higher than the USD ($1 USD= .89), we
feel that investing into the Euro is historically proven to be a good investment.
The Swiss Franc, is another currency that we have chosen to invest into. The Swiss Franc is
known to be the neutral currency and was promised to go into the Euro in 2011, but never did.
We chose to invest into the Swiss Franc because although it is not higher than the USD ($1
USD= .93 SwF)it is a safe investment in which we will see a return, according to history.

The New Zealand dollar currently holds the highest interest rates in the industrialized world.
Interest rates are as high as 7.3% and are expected to grow within the coming months.
Investing in the New Zealand dollar will see us earn these interest earnings.
The Singapore Dollar currently holds a rate of $1.33 per U.S. dollar. Singapore has continued to
be a steadily growing economy, with forecasts showing further growing. It is currently the most
opened and transparent economy in the world as well as a stable political environment,
ensuring security to our investments. Coupled with the growing tourism market and airlines,
investing in the Singapore Dollar will prove to be a good investment with high earnings.
Another currency our group would like to invest in is the Australian dollar. One reason we picked
the Australian dollar is because it is a commodity currency, has is affected by the raw material
exports. We think these exports like gold and silver will be positive the next month and provide a
good investment. The second reason we decided on the Australian dollar is because it has a
high interest rate. Since it is higher than the USD interest rate we predict this will provide good
gains.
According to XE currency chart, Thai Baht and Hong Kong dollar is increasing its value in last
month, and we are expecting it will keep growing in the future one month. As part of China,
Hong kong is experiencing an economic expansion that lead by Chinese economy.
The last currency our group decided to invest in is the Chinese Yuan. We chose the Yuan
because since 2005 the currency has shown a steady increase in value. This is because of
China's strong and and consistent economic growth. They have a diverse economy, and while
this may not be the most aggressive investment, we think it is a safe choice and will provide
better gains in the long term.
We are predicting a 6% return. The value of our portfolio will be 10,600,000.