Year E yen/$ E rmb/$ E euro/$ E dong/$ CPI us CPI jpn CPI chn CPI eu CPI vn

2000 107.77 8.28 1.09 14,168 79.0 102.7 81.0 85.7 48.1
2001 121.53 8.28 1.12 14,725 81.2 101.9 81.6 87.4 47.9
2002 125.39 8.28 1.06 15,280 82.5 100.5 81.0 88.6 49.8
2003 115.93 8.28 0.89 15,510 84.4 100.7 81.9 89.6 51.4
2004 108.19 8.28 0.81 15,746 86.6 100.7 85.1 91.0 55.3
2005 110.22 8.19 0.80 15,859 89.6 100.4 86.6 92.5 59.9
2006 116.30 7.97 0.80 15,994 92.4 100.7 87.9 93.9 64.4
2007 117.75 7.61 0.73 16,105 95.1 100.7 92.1 96.1 69.7
2008 103.36 6.95 0.68 16,302 98.7 102.1 97.5 98.6 85.8
2009 93.57 6.83 0.72 17,065 98.4 100.7 96.8 98.9 91.9
2010 87.78 6.77 0.76 18,613 100.0 100.0 100.0 100.0 100.0
2011 79.81 6.46 0.72 20,510 103.2 99.7 105.4 102.1 118.7
2012 79.79 6.31 0.78 20,828 105.3 99.7 108.2 104.1 129.5
2013 97.60 6.20 0.75 20,933 106.8 100.0 111.1 105.7 138.0
2014 105.94 6.14 0.75 21,148 108.6 102.8 113.3 106.7 143.6

Yêu cầu
1 Dựa vào bảng trên, bạn hãy chọn một quốc gia để tính tỷ giá hối đoái danh nghĩa giữa đồng tiền của quốc gia mà bạ
2 Bạn hãy tính tỷ giá hối đoái thực của Việt Nam so với quốc gia mà bạn đã chọn
3 Bạn hãy vẽ biểu đồ minh họa sự thay đổi của tỷ giá hối đoái danh nghĩa và tỷ giá hối đoái thực mà bạn đã tính ở hai
4 Bạn hãy thử thu thập xuất khẩu ròng giữa Việt Nam và quốc gia mà bạn chọn trong khoảng thời gian trên đây và nh
a đồng tiền của quốc gia mà bạn chọn với Việt Nam đồng qua các năm.

đoái thực mà bạn đã tính ở hai câu trên theo thời gian. Bạn có nhận xét gì về giá trị của Việt Nam đồng và giá cả hàng hóa của Việt Nam so
hoảng thời gian trên đây và nhận xét về mối quan hện giữa tỷ giá hối đoái danh nghĩa, tỷ giá hối đoái thực và giá trị xuất khẩu ròng
cả hàng hóa của Việt Nam so với quốc gia mà bạn đã chọn
giá trị xuất khẩu ròng
 Year E yen/$ E rmb/$ E euro/$ E dong/$ CPI us CPI jpn CPI chn CPI eu CPI vn

2000 107.77 8.28 1.09 14,168 79.0 102.7 81.0 85.7 48.1
2001 121.53 8.28 1.12 14,725 81.2 101.9 81.6 87.4 47.9
2002 125.39 8.28 1.06 15,280 82.5 100.5 81.0 88.6 49.8
2003 115.93 8.28 0.89 15,510 84.4 100.7 81.9 89.6 51.4
2004 108.19 8.28 0.81 15,746 86.6 100.7 85.1 91.0 55.3
2005 110.22 8.19 0.80 15,859 89.6 100.4 86.6 92.5 59.9
2006 116.30 7.97 0.80 15,994 92.4 100.7 87.9 93.9 64.4
2007 117.75 7.61 0.73 16,105 95.1 100.7 92.1 96.1 69.7
2008 103.36 6.95 0.68 16,302 98.7 102.1 97.5 98.6 85.8
2009 93.57 6.83 0.72 17,065 98.4 100.7 96.8 98.9 91.9
2010 87.78 6.77 0.76 18,613 100.0 100.0 100.0 100.0 100.0
2011 79.81 6.46 0.72 20,510 103.2 99.7 105.4 102.1 118.7
2012 79.79 6.31 0.78 20,828 105.3 99.7 108.2 104.1 129.5
2013 97.60 6.20 0.75 20,933 106.8 100.0 111.1 105.7 138.0
2014 105.94 6.14 0.75 21,148 108.6 102.8 113.3 106.7 143.6

Requirements
1 Based on the above data, please calculate the nomina exchange rate between VND and your favorite currency thr
2 Please calculate the real exchange rate between Vietnam and your chosen country in a.

Please demonstrate the change in NER and RER calculated in the above sentences. What are your opinions on the v
3 dong and the overal price in Vietnam in comparison with your chosen country.

Please try to find the data of net exports between Vietnam and your chosen country , then give your comments on
4 between NER, RER and net exports.
 Vietnam NX to Nominal exchange rate
E Cad/$ CPI Can Real exchange rate
Canada ($M) (dong/CAD)
1.485 81.9 110.1 9,540.61 16,235.49
1.549 84.0 119.4 9,506.24 16,663.71
1.570 85.9 141.1 9,732.17 16,801.96
1.401 88.2 179.3 11,070.37 19,011.86
1.301 89.9 268 12,103.00 19,660.41
1.211 91.9 291 13,095.72 20,083.10
1.134 93.7 364 14,104.28 20,536.65
1.074 95.7 389 14,995.46 20,590.52
1.067 98.0 459 15,278.58 17,449.74
1.142 98.3 542 14,943.16 15,990.81
1.030 100.0 652 18,070.79 18,070.79
0.989 102.9 828 20,737.87 17,980.89
0.999 104.5 966 20,848.85 16,827.84
1.030 105.5 1458 20,323.71 15,536.73
1.105 107.5 1762 19,138.46 14,322.80

d your favorite currency through the years.
r chosen country in a.
t are your opinions on the value of Vietnam
chosen country.
en give your comments on the relationship
3. Overall, the value of the Vietnam dong is certainly lower than the Canad
nominal exchange rate increase, the value of the Vietnamese Dong weake
dollar. This means, the Vietnam dong has depreciated against the Canadia
1 CAD in 2000, but in 2014 it costs 19,138VND (and 20,848VND at the high
have less purchasing power when converting their currency to Canadian d
goods or travel less to Canada, while Canadians purchase more goods from
4. From 2000-2007, the real exchange rates increased, which means the re
encourages Vietnamese people to buy more domestic goods, decreasing im
export.
From 2008 onwards, the real exchange rate decreased in 2008 and 2009, b
should mean that the NX will genrally decrease as prices of goods in Vietna
rise, this might be due to various reasons, being Canada has a currency wit
have a big impact on the net export, as Vietnamese people can not afford
high depsite its fall.
 25,000.00 25,000.00

20,000.00 20,000.00

15,000.00 15,000.00

10,000.00 10,000.00

5,000.00 5,000.00

- -
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Nominal exchange rate (dong/CAD) Real exchange rate

is certainly lower than the Canadian Dollar as the real exchange rate is especially high. When the
e of the Vietnamese Dong weaken against the Canadian dollar as it costs more to buy a Canadian
depreciated against the Canadian from the year 2000-2014 as it used to cost only 9,540 VND to buy
8VND (and 20,848VND at the highest). As a result, individuals holding Vietnam dong would would
ting their currency to Canadian dollars, and likewise. Vietnamese would purchase less Canadian
adians purchase more goods from Vietnam or travel more to Vietnam

tes increased, which means the relative price of goods in Vietnam is becoming cheaper. This in turn
ore domestic goods, decreasing import, and Canadians buy more foreign goods, increasing Vietnam

ate decreased in 2008 and 2009, but soon peaked up again in 2010 but then decreased again. This
crease as prices of goods in Vietnam is becoming more expensive. However, the NX maintained its
, being Canada has a currency with a significantly higher purchasing power, and therefore it does not
ietnamese people can not afford Canadian goods because Canadian goods are still considered too