19-6 EXCHANGE RATES Use the foreign exchange section of a current issue of The Wall Street Journal to look up the six currencies in problem 19-5. a. What is the current exchange rate for changing dollars into 1,000 units of pounds, Canadian dollars, euros, yen, Mexican pesos, and Swedish kronas? b. What is the percentage gain or loss between the August 25, 2017, exchange rate and the current exchange rate for each of the currencies in part a? Table 19.1. Sample Exchange Rates: Friday, August 25, 2017 Indirect Quotation: Number of Direct Quotation: U.S. Dollars Required Units of Foreign Currency per to Buy One Unit of Foreign Currency U.S. Dollar (1) (2) Australian dollar 0.7930 1.2610 Brazilian real 0.3166 3.1590 British pound 1.2881 0.7763 Canadian dollar 0.8011 1.2483 Chinese yuan 0.1504 6.6482 Danish Krone 0.1603 6.2392 EMU euro 1.1924 0.8387 Hungairan forint 0.00392003 255.10 Israeli shekel 0.2791 3.5834 Japanese yen 0.00914 109.36 Mexican peso 0.0568 17.6164 South African rand 0.0768 13.0178 Swedish Krona 0.1255 7.9651 Swiss franc 1.0454 0.9566 Venezuelan bolivar fuerte 0.10014972 9.9851 19-6 EXCHANGE RATES Use the foreign exchange section of a current issue of The Wall Street Journal to look up the six currencies in problem 19-5. a. What is the current exchange rate for changing dollars into 1,000 units of pounds, Canadian dollars, euros, yen, Mexican pesos, and Swedish kronas? b. What is the percentage gain or loss between the August 25, 2017, exchange rate and the current exchange rate for each of the currencies in part a? Table 19.1. Sample Exchange Rates: Friday, August 25, 2017 Indirect Quotation: Number of Direct Quotation: U.S. Dollars Required Units of Foreign Currency per to Buy One Unit of Foreign Currency U.S. Dollar (1) (2) Australian dollar 0.7930 1.2610 Brazilian real 0.3166 3.1590 British pound 1.2881 0.7763 Canadian dollar 0.8011 1.2483 Chinese yuan 0.1504 6.6482 Danish Krone 0.1603 6.2392 EMU euro 1.1924 0.8387 Hungairan forint 0.00392003 255.10 Israeli shekel 0.2791 3.5834 Japanese yen 0.00914 109.36 Mexican peso 0.0568 17.6164 South African rand 0.0768 13.0178 Swedish Krona 0.1255 7.9651 Swiss franc 1.0454 0.9566 Venezuelan bolivar fuerte 0.10014972 9.9851