The currency in Germany is Euro. In 2016, Germany had an annual inflation rate of 0.48%.
The currency in United States of America is Dollar. In 2016, United States of America had an annual inflation rate of 1.26%.
On 5 January 2018 the published exchange rate in Germany was 1.204 United States of America Dollar per Germany Euro.
Compute to four decimal places the expected trend over the next year in the nominal exchange rate for United States of America Dollar in Germany, ceteris paribus.
What will be the published exchange rate for United States of America Dollar in Germany be one year from now, ceteris paribus.