In preparation for your vacation to the Americas, you withdrew EUR 3,500.00 in Frankfurt for your emergency expenses only. All other expenses, including day today expenses, were covered on your credit cards. You converted this amount in its entirety, or its balances, on four occasions: once in South Florida into USD upon your arrival, twice in Mexico City (upon your arrival into MXN and immediately prior to your departure into USD), and finally in South Florida into EUR prior to your departure to Frankfurt. You were exposed to the following rate s. Calculate your final position in EUR. You had no other transactions on this cash amount exceptcurrency conversions. The conversion fees were zero in all instances.

All figures are end of the minute values per USD

Currency

EUR

Bid- 0.9242

Ask- 0.9322

MXN

Bid- 15.0644

Ask- 15.1880