Probleme und L¶sungsans¤tze beim Management von W¤hrungsschwankungen

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Probleme und Lösungsansätze beim Management von Währungsschwankungen. Wodurch entstehen Währungsschwankungen?. Erwartungen z.B. Griechenland-Krise Vertrauen z.B. Irland-Hilfsschirm. EURO. EURO. Maßnahmen der Marktteilnehmer: Banken = Spekulative Motive - PowerPoint PPT Presentation

Text of Probleme und L¶sungsans¤tze beim Management von W¤hrungsschwankungen

  • *Probleme und Lsungsanstze beim Management von Whrungsschwankungen

  • * Erwartungenz.B. Griechenland-Krise Vertrauenz.B. Irland-HilfsschirmManahmen der Marktteilnehmer:Banken = Spekulative MotiveFonds = Umschichtung von Whrungen, um Performance - Vorgaben zu erfllenIndustrie = SicherungszweckeZentralbanken = Herbeifhrung von Whrungsstabilitt fr Heimatwhrung

    Wodurch entstehen Whrungsschwankungen?EUROEURO

  • *Wechselkursentwicklung2008 - JetztVergleich von EUR/Yen &Vergleich von EUR/USD

    Diagramm1

    1.40049.2095

    1.36498.9908

    1.33578.8216

    1.32178.804

    1.36999.1274

    1.38979.2792

    1.30348.8074

    1.29178.7779

    1.2768.6591

    1.22178.3454

    1.26258.6313

    1.34459.1869

    1.35839.2849

    1.36849.3568

    1.42849.763

    1.46069.9852

    1.489910.1844

    1.48110.1248

    1.45529.952

    1.42589.7553

    1.40749.6297

    1.40169.5927

    1.36379.3189

    1.32099.0378

    1.30388.9258

    1.28178.7751

    1.33599.1471

    1.34729.2513

    1.27128.697

    1.33659.1557

    1.43989.8625

    1.499810.2903

    1.578410.8079

    1.557410.7637

    1.556310.8704

    1.576511.0542

    1.548810.9769

    1.472510.574

    1.470310.6729

    Vergleich USD& EUR

    Vergleich RMB& EUR

    Monate

    Wechselkurs

    Vergleich USD& RMB 2008-jetzt

    Euro Yen

    110.15

    110.16

    112.88

    113.71

    110.07

    110.47

    111.74

    111.08

    116.19

    125.61

    123

    123.34

    130.51

    131.06

    132.86

    133.8

    133.05

    135.4

    132.92

    135.51

    131.81

    130.73

    127.26

    118.24

    120.72

    122.85

    123.29

    134.38

    153.91

    163.92

    168.48

    166.23

    162.09

    161.45

    156.27

    157.86

    158.93

    Euro/Yen

    Monate

    Kurs

    Vergleich

    je Monat

    EURO/USDEURO/RMB

    Mar-111.40049.2095

    Feb-111.36498.9908

    Jan-111.33578.8216Jan-11110.15

    Dec-101.32178.804Dec-10110.16

    Nov-101.36999.1274Nov-10112.88

    Oct-101.38979.2792Oct-10113.71

    Sep-101.30348.8074Sep-10110.07

    Aug-101.29178.7779Aug-10110.47

    Jul-101.2768.6591Jul-10111.74

    Jun-101.22178.3454Jun-10111.08

    May-101.26258.6313May-10116.19

    Apr-101.34459.1869Apr-10125.61

    Mar-101.35839.2849Mar-10123

    Feb-101.36849.3568Feb-10123.34

    Jan-101.42849.763Jan-10130.51

    Dec-091.46069.9852Dec-09131.06

    Nov-091.489910.1844Nov-09132.86

    Oct-091.48110.1248Oct-09133.8

    Sep-091.45529.952Sep-09133.05

    Aug-091.42589.7553Aug-09135.4

    Jul-091.40749.6297Jul-09132.92

    Jun-091.40169.5927Jun-09135.51

    May-091.36379.3189May-09131.81

    Apr-091.32099.0378Apr-09130.73

    Mar-091.30388.9258Mar-09127.26

    Feb-091.28178.7751Feb-09118.24

    Jan-091.33599.1471Jan-09120.72

    Dec-081.34729.2513Dec-08122.85

    Nov-081.27128.697Nov-08123.29

    Oct-081.33659.1557Oct-08134.38

    Sep-081.43989.8625Sep-08153.91

    Aug-081.499810.2903Aug-08163.92

    Jul-081.578410.8079Jul-08168.48

    Jun-081.557410.7637Jun-08166.23

    May-081.556310.8704May-08162.09

    Apr-081.576511.0542Apr-08161.45

    Mar-081.548810.9769Mar-08156.27

    Feb-081.472510.574Feb-08157.86

    Jan-081.470310.6729Jan-08158.93

    Tabelle2

    Tabelle3

    Diagramm1

    1.40049.2095

    1.36498.9908

    1.33578.8216

    1.32178.804

    1.36999.1274

    1.38979.2792

    1.30348.8074

    1.29178.7779

    1.2768.6591

    1.22178.3454

    1.26258.6313

    1.34459.1869

    1.35839.2849

    1.36849.3568

    1.42849.763

    1.46069.9852

    1.489910.1844

    1.48110.1248

    1.45529.952

    1.42589.7553

    1.40749.6297

    1.40169.5927

    1.36379.3189

    1.32099.0378

    1.30388.9258

    1.28178.7751

    1.33599.1471

    1.34729.2513

    1.27128.697

    1.33659.1557

    1.43989.8625

    1.499810.2903

    1.578410.8079

    1.557410.7637

    1.556310.8704

    1.576511.0542

    1.548810.9769

    1.472510.574

    1.470310.6729

    Vergleich USD& EUR

    Vergleich RMB& EUR

    Monate

    Wechselkurs

    Vergleich USD& RMB 2008-jetzt

    Euro Yen

    110.15

    110.16

    112.88

    113.71

    110.07

    110.47

    111.74

    111.08

    116.19

    125.61

    123

    123.34

    130.51

    131.06

    132.86

    133.8

    133.05

    135.4

    132.92

    135.51

    131.81

    130.73

    127.26

    118.24

    120.72

    122.85

    123.29

    134.38

    153.91

    163.92

    168.48

    166.23

    162.09

    161.45

    156.27

    157.86

    158.93

    Euro/Yen

    Monate

    Kurs

    Diagramm2

    1.4004

    1.3649

    1.3357

    1.3217

    1.3699

    1.3897

    1.3034

    1.2917

    1.276

    1.2217

    1.2625

    1.3445

    1.3583

    1.3684

    1.4284

    1.4606

    1.4899

    1.481

    1.4552

    1.4258

    1.4074

    1.4016

    1.3637

    1.3209

    1.3038

    1.2817

    1.3359

    1.3472

    1.2712

    1.3365

    1.4398

    1.4998

    1.5784

    1.5574

    1.5563

    1.5765

    1.5488

    1.4725

    1.4703

    Euro/USD

    Monate

    Kurs

    Vergleich

    je Monat

    EURO/USDEURO/RMB

    Mar-111.40049.2095

    Feb-111.36498.9908

    Jan-111.33578.8216Jan-11110.15

    Dec-101.32178.804Dec-10110.16

    Nov-101.36999.1274Nov-10112.88

    Oct-101.38979.2792Oct-10113.71

    Sep-101.30348.8074Sep-10110.07

    Aug-101.29178.7779Aug-10110.47

    Jul-101.2768.6591Jul-10111.74

    Jun-101.22178.3454Jun-10111.08

    May-101.26258.6313May-10116.19

    Apr-101.34459.1869Apr-10125.61

    Mar-101.35839.2849Mar-10123

    Feb-101.36849.3568Feb-10123.34

    Jan-101.42849.763Jan-10130.51

    Dec-091.46069.9852Dec-09131.06

    Nov-091.489910.1844Nov-09132.86

    Oct-091.48110.1248Oct-09133.8

    Sep-091.45529.952Sep-09133.05

    Aug-091.42589.7553Aug-09135.4

    Jul-091.40749.6297Jul-09132.92

    Jun-091.40169.5927Jun-09135.51

    May-091.36379.3189May-09131.81

    Apr-091.32099.0378Apr-09130.73

    Mar-091.30388.9258Mar-09127.26

    Feb-091.28178.7751Feb-09118.24

    Jan-091.33599.1471Jan-09120.72

    Dec-081.34729.2513Dec-08122.85

    Nov-081.27128.697Nov-08123.29

    Oct-081.33659.1557Oct-08134.38

    Sep-081.43989.8625Sep-08153.91

    Aug-081.499810.2903Aug-08163.92

    Jul-081.578410.8079Jul-08168.48

    Jun-081.557410.7637Jun-08166.23

    May-081.556310.8704May-08162.09

    Apr-081.576511.0542Apr-08161.45

    Mar-081.548810.9769Mar-08156.27

    Feb-081.472510.574Feb-08157.86

    Jan-081.470310.6729Jan-08158.93

    Tabelle2

    Tabelle3

  • *Wechselkursentwicklung vom 1.1.2010- heuteKursentwicklung EURO/YENKursentwicklung EURO/USD

    Diagramm1

    9.81251.4369

    9.77751.4317

    9.8271.439

    9.77831.4318

    9.8141.4354

    9.8571.4417

    9.82381.4366

    9.82341.4366

    9.80121.4334

    9.84351.4415

    9.8451.4417

    9.91621.4505

    9.91131.4497

    9.91561.4503

    9.92361.4513

    9.85661.4417

    9.82621.4391

    9.82411.4388

    9.82781.4375

    9.80941.4348

    9.69821.4184

    9.63471.4091

    9.65971.4128

    9.6681.4141

    9.65831.4144

    9.67851.4156

    9.64391.4106

    9.61341.4061

    9.57381.4003

    9.52791.3936

    9.48111.3867

    9.46871.3867

    9.4991.3894

    9.52611.3936

    9.54381.3959

    9.46441.3843

    9.36081.369

    9.35751.3683

    9.34651.3687

    9.34421.3667

    9.37821.3718

    9.41141.3761

    9.39721.3731

    9.33031.3634

    9.32161.3638

    9.32031.3636

    9.31051.3605

    9.37031.3692

    9.37321.3697

    9.29681.3585

    9.24931.3524

    9.31281.3617

    9.30221.3619

    9.30571.3609

    9.28591.3579

    9.26331.3549

    9.2311.3502

    9.29881.3601

    9.3211.3634

    9.3051.3637

    9.27461.3566

    9.26741.3554

    9.34071.3664

    9.31981.3632

    9.29571.3596

    9.31841.363

    9.31831.363

    9.33621.3655

    9.29181.359

    9.30871.3617

    9.33751.3659

    9.39611.3746

    9.40321.3774

    9.41531.3774

    9.36741.3703

    9.38221.3725

    9.41181.3766

    9.33451.3652

    9.27151.3562

    9.25451.3537

    9.25341.3535

    9.24841.3527

    9.24091.3517

    9.13771.3365

    9.11141.3326

    9.1511.3383

    9.15541.3391

    9.17751.3423

    9.20721.3467

    9.19821.3455

    9.221.3487

    9.24951.353

    9.25741.3541

    9.2181.3503

    9.23131.3503

    9.22241.349

    9.16021.34

    9.13651.3366

    9.11131.3329

    9.1721.3422

    9.21671.3504

    9.2131.35

    9.30191.3607

    9.28941.3589

    9.32641.3643

    9.28051.3576

    9.24421.3523

    9.23311.3506

    9.14851.3502

    9.19931.3457

    9.20711.3469

    9.16671.3407

    9.12241.3344

    9.10481.3315

    9.1521.3384

    9.13881.3382

    9.12311.3343

    9.09271.33

    9.01741.3192

    9.04971.3239

    9.09021.3298

    9.08871.3295

    9.09391.3303

    9.03481.3218

    8.95061.3093

    8.82351.2905

    8.70671.2735

    8.6931.2716

    8.7241.2762

    8.7371.2781

    8.82611.2911

    8.69161.2711

    8.65491.2658

    8.61311.2597

    8.51971.2462

    8.45281.2364

    8.44971.236

    8.43121.233

    8.44621.2354

    8.3891.2269

    8.4761.2396

    8.58551.2557

    8.58771.2578

    8.60161.2582

    8.4831.2421

    8.38771.2261

    8.38761.2265

    8.41411.2301

    8.4441.2344

    8.39861.2278

    8.38661.2276

    8.41271.2303

    8.36211.2228

    8.36241.2223

    8.37231.224

    8.26691.2