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Explain the meaning of foreign exchange rate with a suitable example Determine how much US dollars (US$) or Malaysian ringgit (MYR) Zikri and Cheong will

Explain the meaning of foreign exchange rate with a suitable example Determine how much US dollars (US$) or Malaysian ringgit (MYR) Zikri and Cheong will get based on the following: i. If US$1.00 MYR3.80, Zikri wishes to change MYR1,000 into US$ ii. If US$1.00 MYR3.80, Cheong wishes to convert US$500 into MYR =

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