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BFC3240 International Finance S1 2025
Assessment Task 1 Individual assignment (Part I) and self-reflection (Part II).


Purpose The purpose of this assessment is to assess students' ability to analyse and evaluate
the advantages and disadvantages of different exchange rate systems, critically
appraise the relevance of exchange rate determination theories in today's
globalised economy, and demonstrate critical thinking, problem-solving, and
teamwork skills through individual and group assessment tasks in the field of
international finance.
Your task Students will work individually on this assignment. Each student will submit a
report. The report contains two parts: (I) an assignment and (II) self-reflection of
the assignment.
Value 20% of your total marks for the unit
Page Limit Part I Assignment: Maximum 3 pages, Times New Roman 12, double-spaced,
excluding the Excel spreadsheet. The Excel spreadsheet should be added to the
appendix. (No cover sheet and Table of contents are required). Add your full name
and student ID at the top of the first page.
Part II Self-reflection: Maximum 3 pages, Times New Roman 12, double-spaced.
Format and
reference Style
This is a Reflect-Essay style: For the References, you must follow APA style, with
in-text citations. Footnotes are usually reserved for extra comments, explanations,
or source notes. For non-academic or "gray" literature (e.g., reports, white papers),
try to cite as fully as possible (including author, year, title, and URL), and make
sure the source is credible.

Due Date Week 4 - Friday 11:55pm
Submission Via Moodle Assignment Submission.
Turnitin will be used for similarity checking of all submissions.
Generative AI tools cannot be used in this assessment task - In this
assessment, you must not use generative artificial intelligence (AI) to
generate any materials or content in relation to the assessment task. - Use
of AI will result in zero (0) marks and the referral to faculty for the
breach of integrity protocols in the group assignment.
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Learning
Outcomes
Assessed
LO1: Analyse and evaluate the advantages and disadvantages of various
exchange rate systems

LO2: Critically appraise the applicability of exchange rate determination
theories to today's globalised economy
LO6: Apply critical thinking, problem-solving related to international finance
Late Penalties • 5% deduction per calendar day or part thereof for up to one week
• Submissions more than 7 calendar days after the due date will receive a mark of zero (0),
and no assessment feedback will be provided.
• Submissions with approved extensions are not considered for late submission and
must be submitted by the approved extended due date; otherwise, they will receive
zero.
Support Resources For information on the special consideration application, please visit:
https://www.monash.edu/students/admin/exams/cant-complete

If you are unable to complete the assignment and have a valid special
consideration explanation, please submit the appropriate paperwork and associated
documentation within two working days of the due date.

Applications for an extension of time allocated to an assessment task must be made
by completing the application form found at
https://forms.monash.edu/special-consideration

For tips on working in groups go to
• https://www.monash.edu/learnhq/collaborate-with-others/set-up-an-effective-team
Feedback Feedback will be provided to students via:
general comments to all enrolled in the unit
• specific feedback will be provided to students ten working days after the due date
for submission
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INSTRUCTIONS

INDIVIDUAL ASSIGNMENT AND SELF-REFLECTION

Part A: The assignment (Total 10 marks)
Choose any two currencies other than the Australian Dollar (AUD). Record the exchange
rate between each of your chosen currencies and the AUD over the past 30 days(from 3
March 2025 or further back-dated if needed to obtain minimum required data points).
Based on the data collected, answer the following questions.

(i) Prepare an Excel spreadsheet and report your data clearly. Each column should have
an informative title. Submit the Excel sheet as an appendix with your assignment.
(2 marks)
(ii) Using Excel, prepare a line chart showing the movement of currency exchange rates
between the AUD and each of your chosen currencies. Over the 30-day period, what
has happened to the value of these two currencies in relation to the AUD?
(2 marks)
(iii) As an Australian consumer, would you expect to pay more or less for goods imported
from each of the two countries you have chosen? Explain your answer.
(2 mark)
(iv) Assume that the trend you have found will continue in the future, and that the
countries you have chosen are major trading partners of Australia. What would be the
possible impact on Australian inflation? On Australian Balance of Payment? Terms of
trade? Justify your answers. (4 marks)
(v)
Part B: Self-reflection (10 marks)
Write a self-reflective essay on the assignment. Present your answers for this part in an
essay format. Write a brief introduction mentioning the objective of this exercise. Write a brief
conclusion summarizing your findings. Reflective essays require you to demonstrate what you
learned from the unit. This means you need to indicate how key concepts discussed in lectures,
tutorial classes, and required readings apply to real life - in this case, your assignment!


Answer the following questions based on your experience of working on the assignment (i.e.,
part A).
1. What are the topics you learned in weeks one through three that helped you prepare
this assignment? Which additional topic(s) should the Lecturer have covered (if any)
in the first three weeks to help you better prepare for the assignment? (3 marks)
2. Read the learning objectives of the unit. How does this assignment help you fulfil
these objectives? (3 marks)
3. Why did you choose the two countries? Are they Australia’s major trading
currencies? How do you know? Are these currencies subject to fixed or floating
exchange rate mechanisms? (3 marks)
4. How did you collect the data? (1 mark)

Please check Monash Learn HQ to understand the Reflect-Essay style:
https://www.monash.edu/learnhq/excel-at-writing/annotated-assessment-samples/business- and-
economics/buseco-reflective-essay
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