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(a) Since the government of Malaysia has already open its border and allow international travelling, you are considering to travel to Dubai and Abu

 

(a) Since the government of Malaysia has already open its border and allow international travelling, you are considering to travel to Dubai and Abu Dhabi, United Arab Emirates (UAE) for six days. According to the travel agency, Abu Dhabi full board private travel package would cost you around AED 7,000 per pax. Upon checking, the exchange rate of United Arab Emirates Dirham (AED) to Malaysian Ringgit Malaysia (MYR) is currently quoted at AED100/MYR = 118.4150. Calculate the amount of Malaysian Ringgit you will need to exchange, to pay for you and your spouse. (4 marks) You received an invitation to become an adjunct professor in Universiti Brunei Darussalam. You decide to exchange BND5,000 to cover your daily expenses before you get your first pay check. The currency exchange board quoted MYR/IDR = 3,415.59 and BND / IDR = 10,611.73. Calculate MYR/BND exchange rate. i. ii. Exchange the BND5,000 into MYR. (4 marks) (2 marks)

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