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If recent direct quotes in U.S. Dollars are $1.65 for British pond and $0.50 for the Australian dollar, the exchange rate between British ponds and
If recent direct quotes in U.S. Dollars are $1.65 for British pond and $0.50 for the Australian dollar, the exchange rate between British ponds and Australian dollars (pounds/Australian dollars) is:
a. 3.30 Australian dollars to the British pound
b. 3.30 British pounds to the Australian dollar
c. .3030 Australian dollars to the British pound
d. .3030 British pounds to the Australian dollar
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