Calculate the cross-rate for the Chilean peso (CLP) and Australian dollar (AUD) as: (3pts)

a) Pip for AUD = __________ The highest pip

b) Pip for CLP = __________ The highest pip

c) Pip CLP/AUD = _________ , Cross-Rate, FX₁ =___________

d) Pip AUD/CLP = _________ , Cross-Rate, FX₂ = __________

Exchange Rates: New York Closing Snapshot
Friday, November 23, 2018
	IN US$		US$ VS. % CHG		PER US$
Country/currency	Fri	Thurs	1-Day	YTD	Fri	Thurs
Americas
Argentina peso	0.0266	0.0275	3.12	101.9	37.5625	36.427
Brazil real	0.2611	0.2628	0.65	15.6	3.8295	3.8047
Canada dollar	0.7556	0.7582	0.34	5.3	1.3235	1.319
Chile peso	0.001482	0.001496	0.94	9.6	674.7	668.4
Ecuador US dollar	1	1	unch	unch	1	1
Mexico peso	0.049	0.0492	0.49	3.8	20.4119	20.3126
Uruguay peso	0.03077	0.03075	-0.06	12.8	32.5	32.52
Venezuela bolivar	0.00000402	...	...	2403414	248567.8501	...
Asia-Pacific
Australian dollar	0.7230	0.7252	0.3	8	1.3831	1.3789