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The exchange rates on the following table from the Wall Street Journal are quoted in US dollars for Friday ( 3 / 2 9 )

The exchange rates on the following table from the Wall Street Journal are quoted in US dollars for Friday (3/29) and Thursday (3/28).
(1) Why is the exchange rate between the U.S. and Ecuador constant at 1?
(2) Compared with Thursday, had the Mexico peso appreciated or depreciated against the U.S. dollar on last Friday?
(3) If you placed an order of Japanese products last Friday in the amount of 20 million Japanese yen. How much will you have to pay in U.S. dollar?
(4) Calculate the cross rate of Japan yen per China yuan, E yen/yuan.
(5) For the same amount of order as in (3), how much will you need to pay in China yuan?(15%) The exchange rates on the following table from the Wall Street Journal are quoted in US
dollars for Friday (3/29) and Thursday (3/28).
(1) Why is the exchange rate between the U.S. and Ecuador constant at 1?
(2) Compared with Thursday, had the Mexico peso appreciated or depreciated against the U.S.
dollar on last Friday?
(3) If you placed an order of Japanese products last Friday in the amount of 20 million Japanese
yen. How much will you have to pay in U.S. dollar?
(4) Calculate the cross rate of Japan yen per China yuan, E|yen/yuan.
(5) For the same amount of order as in (3), how much will you need to pay in China yuan?
Exchange Rates
U.S.-dollar foreign-exchange rates in late New York trading
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