💱 IRP, IFE, and PPP Learning Simulator

📚 What are IRP, IFE, and PPP?

• IRP: (F - S0) / S0 = i_quoted - i_base
• IFE: (E[S1] - S0) / S0 = i_quoted - i_base
• PPP: (E[S1] - S0) / S0 = π_quoted - π_base

Assumption: Real interest rate = 2%

Inflation = Nominal interest rate - Real interest rate

USD = base, NOK = quoted → 1 USD = ? NOK

Base Country Interest Rate (%) Quoted Country Interest Rate (%) Spot Exchange Rate (1 Base = ? Quoted) 🚀 Calculate