an exchange rate is the price of one countrys currency expressed in another countrys currency

The exchange rates of the euro (c) and the Japanese Yen () relative to the US dollar (s) are listed as follows: Spot Rate Euro 0.5447/ $1 * 100.4500/51 Yen torms, the foreign exchange rate represents the number of American dollars that can be purchased When exchange rates are stated in with one unit of domestic currency American Given the exchange rate data above European Yen (canone euro purchase Given the exchange rate data above, how many yen () can one euro (1) purchase? X 238.92 @ Y 219.01 258.83 dired 199.10 an indirect The foreign currency price of one unit of the home currency is called quotation