Attempts Average 2 6. Cross exchange rate movements Suppose that one year ago the spot rate for the British pound was $1.6 per pound, while the spot rate for the peto was 61.05 per pelos The cross rate of the British pound one year ago was 1 pesos Suppose that now the spot rate for the British pound in $1,00 per pound, while the spot rate for the pero won 51 por peso, Now, the cross rate of the Britius pound le 22 petos. This represents percent change in the cross rate of the Bin pound Grade It Now Save & Continue