https://scholar.harvard.edu/files/haidar/files/jih-currency_valuation_and_ppp-published_version-2011_1.pdf https://scholar.harvard.edu/files/haidar/files/jih-cu

https://scholar.harvard.edu/files/haidar/files/jih-currency_valuation_and_ppp-published_version-2011_1.pdf https://scholar.harvard.edu/files/haidar/files/jih-currency_... just one take, but there are many ways to approach a fundamental valuation of a currency.