Mathematics · Weighted Averages
The US Dollar Index (DXY) uses a base value of 100 from 1973. Using a simple weighted average method to estimate the trend, if the US Dollar appreciates by 15% against the Euro (weight 0.576), depreciates by 10% against the Japanese Yen (weight 0.136), and remains completely stable against all remaining currencies in the basket, what is the estimated new value?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1101.12
- 2115.00
- 3104.50
- 4107.28✓
Correct answer
107.28
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