this is handout 21

1. The exchange rate quote below was given on April 13, 2018. US$/Aus$ .7762 Is this a direct quote or an indirect quote? 2. On July 5, 2017, the indirect quote on the U.K. pound sterling was US$/UK Pound .7732. Calculate the direct quote on July 5, 2017 3. Use the exchange rate Handout #21 for November 6, 2020. Refer to the exchange rates from November 5 to November 6 for Denmark's krone. Which currency strengthened (or appreciated)? 4. Use the exchange rate Handout #21 for November 6, 2020. Convert $800,000 to Hong Kong dollars. 5. On April 22, 2021, the indirect rate on the Euro is 1.20. Convert 250,000 Euro to U.S. dollars. PER USS FRI THURS Chile peso 79.0411 79.0833 5.365 5.52551 1.30621 1.3045 75151 756.11 37231 37541 11 11 | 20.58711 20.7048 1 42.756 42.875 Exchange Rates 11/06/20 U.S.-dollar foreign exchange rates in late New York trading IN USS FRI THURS Americas Argentina peso 0.01271 0.01261 Brazil 0.1864 0.1811 |Canada dollar 0.76561 0.7666 0.0013311 0.0013231 Colombia peso 0.0002601 0.000266 Ecuador US dollar 11 11 Medico peso 0.04801 0.0483 Uruguay peso 0.02339 0.023321 Asia-Pacific Australian dollar 0.72611 0.7283 China yan 0.15131 0.15141 Hong Kong dollar 0.1291 0.1291 india rupee 0.013521 0.013531 Indonesia rupiah 1 0.00007041 0.000000 Japanyen 0.009671 0.009661 Kazakhstan Tenge 0.002311 0.002311 Macau pataca 0.1251173 0.12514081 Malaysia ringgit 0.24221 0.24121 New Zealand dollar 0.67741 0.67721 Pakistan rupee 0.006281 0.006271 Philippines peso 0.02001 0.02071 Singapore dollar 0.74151 0.7409 South Korea won 0.0008013| 0.0008902 Sri Lanka Rupee 0.005423 0.0054201 Taiwan dollar 0.03499 0.035061 Thailand baht 0.03266 0.03249 [Vietran dong 0.00004315 0.00004315 Europe Bulgaria lev 0.607241 0.60474 Croatia kuna 0.15711 0.15661 Czech Rep. koruna 0.044681 0.04441 Denmark krone 0.15031 0.15881 Euro area euro 1.18761 1.18311 Hungary forint 0.00331115 0.003298151 celand Krona 0.007263 0.0072261 Norway Krone 0.10021 0.1001 Poland Zloty 0.2638 0.26121 Romania leu 0.2441 0.24311 Russia ruble 0.012011 0.013011 Sweden Krona 0.11571 0.115 Switzerland franc 1.11071 1.1061 Turkey lira 0.1173 0.11871 Ukraine Hryvnia 0.0354 0.0354 U.K. pound 1.31521 131481 Middle East Africa Bahrain dinar 26521 26522 Egypt pound 0.06371 0.06371 israel Shekel 0 2963 0.2961 Kuwait dinar 3.27421 327261 Oman sulral 2.597371 2.507171 Qatarral 0.27471 0.2747 Saudia Arabia riyal 0.2666 0.26661 South Africa and 0.06411 0.06371 1.37721 1.37311 661141 6.60641 7.7537 7.75231 | 73.97605 73.92505 142101 143801 103.361 103.511 432 291 432.14 7.993 7.9911 4.12851 4.14551 1.47621 1.47671 159.121 159.51 48.1791 48.300 1.34861 1,34971 112191 112338 18441 1845 28.581 28.521 30 621 30.78) 231771 23176 1.6471 6.36661 22.3821 6.27571 0.84211 302011 137691 9.15641 3.79151 4.09701 77 4321 8.63981 0.90031 8.52401 28.25 0.7603 1.6541 6.38391 22 5241 6.2953 0.8453 303 21 138 391 9.1766 3.8288 4.11281 76.866 8.6941 0.90421 8.4218 28.251 0.7606 0.37711 0.37711 15.89521 15.6943 3.37441 3.3782 0.30541 0.30561 0.391 0.39 3.64071 3.64041 3.7506 3.7506 115.59781 15.68961