The Currency You Didn't Budget For · Course check

Course check

3 questions. Get them all right and the Steady Rate seal is yours. Get one wrong and you can reread and try again — as many times as you like, and nothing is recorded against you.

1. Which part of the budget carries currency exposure?

   Tuition onlyOnly the first yearThe whole destination-currency budget, including rent and living costs

2. What should the three-column model test?

   Whether the plan still holds at roughly twenty percent adverseWhich direction the rate will moveWhich bank offers the best forecast

3. Which is a sensible way to reduce exposure?

   Timing the market with tuition moneyDelaying all payments until the final yearReducing conversion events and asking about fixed-fee guarantees