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1. barlowcaleb
   Member

   hi there!
   Numerous chums address me as to the meaning of heating degree day.
   What heating degree day is, is the number of degrees that a day's average temperature is below 65o Fahrenheit (18o Celsius), the temperature below which buildings need to be heated. The price of weather derivatives traded in the winter is based on an index made up of monthly HDD values. The settlement price for a weather futures contract is calculated by summing HDD values for a month and multiplying that sum by $20.
   To calculate HDD, take the average of a day's high and low temperatures and subtract from 65. For example, if the day's average temperature is 50o F, its HDD is 15. If every day in a 30-day month had an average temperature of 50o F, the month's HDD value would be 450 (15 x 30). The nominal settlement value for this month's weather derivative contract would therefore be $9,000 (450 x $20).

   Posted 5 months ago #
2. warrenfitzpatrick
   Member

   apparently the anticipations that the Sri Lanka Rupee is probably going to climb versus the Singapore Dollar as we enter March the 14th has something to do with the fact that the real estate are probably going to to slope and affect the LKR-SGD rates this process would be connected to the LKR's drop.

   Posted 5 months ago #
3. barlowcaleb
   Member

   anybody else?

   Posted 4 months ago #
4. carinacrosby
   Member

   i was warned by at least 3 analysts not to even dream of buying LKR till early 2010, when the garment industry are probably going to to move downward and cause drop-off in the Sri Lanka Rupee rates.

   Posted 4 months ago #
5. warrenfitzpatrick
   Member

   I have exactly the same question as barlowcaleb

   Posted 4 months ago #
6. warrenfitzpatrick
   Member

   what barlowcaleb said

   Posted 4 months ago #

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