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During 1 9 9 5 , the Mexican peso exchange rate rose from Mex$ 5 . 3 3 / U . S . $ to

During 1995, the Mexican peso exchange rate rose from Mex$5.33/U.S.$ to Mex$7.64/U.S.$ (note that Mex $ is the symbol of mexican peso). At the same time, U.S. inflation was approximately 3% in contrast to Mexican inflation of about 48.7%.(a) By how much did the nominal value of the peso change during 1995?(b) By how much did the real value of the peso change over this period? (hint: you need to convert nominal value to real value before computing the real changes)
Can you please put the answer in percentages?

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