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Anne Dietz at Changi # 3 ( Singapore ) . Anne Dietz lives in Singapore, but is making her first business trip to Sydney, Australia.
Anne Dietz at Changi #Singapore Anne Dietz lives in Singapore, but is making her first business trip to Sydney, Australia.
Standing in Singapore's new terminal # at Changi Airport, she looks at the foreign exchange quotes posted over the FX trader's booth.
She wishes to exchange Singapore dollars S$ or SGD for Australian dollars A$ or AUD What Anne sees:
Spot rate: SGD USD USD
USD AUD
a What is the Singapore dollar to Australian dollar cross rate?
b How many Australian dollars will Anne get for her Singapore dollars?
a What is the Singapore dollar to Australian dollar cross rate?
The cross rate is SGD IAUD. Round to four decimal places.
b How many Australian dollars will Anne get for her Singapore dollars?
Anne will get AUD Round to two decimal places.
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