Understanding Exchange Rates Name: Date: Part 1: Calculating Exchange Rates Directions: Go to https://www.xe.com/currencytables/ to calculate exchange rates and complete the following chart. You will need to find the current exchange rates for the Euro, Canadian Dollar, Egyptian Pound, Russian Ruble, South African Rand, and Swiss Franc. For example, suppose the table indicates that the price of a U.S. Dollar, in terms of the Euro is .70; therefore, $1 = $.70 Euros, and 1 Euro = $1.43. You can then use that information to answer other questions in the exercise. 1 Euro = $1 = Euros 1 Canadian Dollar = $1 = Canadian Dollars 1 Egyptian Pound = $1 = Egyptian Pounds 1 Russian Ruble = $1 = Russian Rubles 1 South African Rand = $1 = South African Rands 1 Swiss Franc = $ $1 = Swiss Francs 1. How much does it cost in US Dollars to buy one South African Rand?How much does it cost in US Dollars to buy one South African Rand? How much does it cost in Russian Rubles to buy one US Dollar? Suppose you want to buy a sculpture, and the price is EDEN} Egyptian Pounds. How much would the sculpture cost in US Dollars? Suppose you want to buy a watch, and the price is SD Swiss Francs. How much would the watch cost in US Dollars