Table 7 Mean forecast of actual exchange rates for 2013/2014
Year (2013) | Actual rates | Forecasted rates | Year (2014) | Actual rates | Forecasted rates |
|---|---|---|---|---|---|
January | 1.88 | 1.89 | January | 2.40 | 2.00 |
February | 1.88 | 1.90 | February | 2.52 | 2.00 |
March | 1.89 | 1.90 | March | 2.68 | 2.00 |
April | 1.90 | 1.90 | April | 2.80 | 2.00 |
May | 1.92 | 1.90 | May | 2.90 | 2.00 |
June | 1.95 | 1.95 | June | 3.00 | 2.00 |
July | 1.95 | 1.95 | July | 3.03 | 2.00 |
August | 1.95 | 1.98 | August | – | 2.10 |
September | 1.96 | 1.98 | September | – | 2.35 |
October | 1.99 | 1.99 | October | – | 3.00 |
November | 2.06 | 2.01 | November | – | 3.08 |
December | 2.00 | 1.99 | December | – | 3.42 |