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Assume the current NZD/USD quote is 0.801. If I wish to exchange $3,000 NZD, how much will I receive in USD? If the British pound
Assume the current NZD/USD quote is 0.801. If I wish to exchange $3,000 NZD, how much will I receive in USD?
If the British pound sterling was trading at 1=$1.27, and the appreciates by 15% relative to the dollar, how much is $1 equal to now in pound sterling?
If 1 can be exchanged for $1.30 dollars and $1.00 can be exchange for 1.15 euro (), what is the to exchange rate? (Give your answer with Euros as the base currency)
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