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TABLE 18.2 Exchange rates: July 9, 2018 Currency per USD Currency per USD Country/Currency USD equiv Country/Currency USD equiv Americas 27.9173 Argentina peso Brazil real

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TABLE 18.2 Exchange rates: July 9, 2018 Currency per USD Currency per USD Country/Currency USD equiv Country/Currency USD equiv Americas 27.9173 Argentina peso Brazil real 22 Europe Czech Rep. koruna Denmark krone .0358 2582 .04545 .1577 3.8730 Canada dollar 7628 1.3110 Euro area euro 1.1733 .001537 605.6000 .00363135 1 6.3431 8523 275.38 8.0244 3.6701 Chile peso Ecuador US dollar Mexico peso Uruguay peso Venezuela bolivar .1246 Hungary forint Norway Krone Poland zloty Romania leu .0521 19.2036 .031870 31.380 .00000871 114,855.0001 2725 .2522 .01602 3.9653 Russia ruble 62.414 Sweden krona .1146 8.7241 Asia-Pacific 1.0086 Australia dollar .7467 1.3392 Switzerland franc 1-mo forward 9915 9897 1.0104 .7464 1.3397 3-mos forward 1.0156 .9846 7464 .7469 1.3397 1.3389 1.0249 9757 2112 .1511 6.6161 6-mos forward Turkey lira UK pound 1-mo forward 3-mos forward 4.7342 .7543 .7528 1.3258 1.3284 1.3319 .1274 .01457 .0000699 .00902 .7508 .7474 6-mos forward 1.3380 1-mo forward 3-mos forward 6-mos forward China yuan Hong Kong dollar India rupee Indonesia rupiah Japan yen 1-mo forward 3-mos forward 6-mos forward Malaysia ringgit New Zealand dollar Pakistan rupee Philippines peso Singapore dollar South Korea won .00900 .00904 2.6345 7.8485 68.6567 14308 110.84 111.06 110.58 109.73 4.0295 1.4624 121.740 53.393 1.3566 1.113.32 3796 17.918 .00911 Middle East Africa Bahrain dinar Egypt pound Israel shekel Kuwait dinar Oman sul rial 2482 3.6306 .0558 .2754 3.3049 2.59703 .6838 .00821 3026 3900 3.6453 3.7506 .0187 Qatar rial 2743 .7371 2666 Saudi Arabia riyal South Africa and .0008982 .0746 13.4128 Talwan dollar .03298 30.320 Thailand baht .03025 33.060 Vietnam dong 0000434 23040 1. Using Exchange Rates Take a look back at Table 18.2 to answer the following questions: a. If you have $100, how many Polish zlotys can you get? b. How much is one euro worth? c. If you have five million euros, how many dollars do you have? d. Which is worth more, a New Zealand dollar or a Singapore dollar? e. Which is worth more, a Mexican peso or a Chilean peso? f. How many Swiss francs can you get for a euro? What do you call this rate? 8. Per unit, what is the most valuable currency of those listed? The least valuable

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