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The exchange rate at the start of the year is $25/. The exchange rate now is $30/. Since the start of the year the dollar

  1. The exchange rate at the start of the year is $25/. The exchange rate now is $30/. Since the start of the year the dollar has
  1. Depreciated
  2. Appreciated

  1. The exchange rate at the start of the year is .85/$. The exchange rate now is .90/$. Since the start of the year the dollar has
  1. Depreciated
  2. Appreciated

  1. The exchange rate at the start of the year is .85/$. The exchange rate now is .90/$. Since the start of the year the euro has
  1. Depreciated
  2. Appreciated

  1. Circle all the correct quotes you can use. You are converting euros into dollars.

.8000/$ bid $1.2500/EUR ask

.8333/$ ask $1.2000/EUR bid

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