Your Canadian friend owes you USD 200. The current USD/CAD exchange rate is at 0.80. You are OK with being paid in CAD. How many CAD do you request from your friend today?

 If the JPY/EUR exchange rate is 132.00 JPY per EUR and it takes 40.00 THB (Thai Baht) to purchase one EUR, what is the price of a Baht expressed in Yen (i.e., JPY/THB rate)?

1. You observe the USD/EUR exchange rate at 1.23 today, while it was 1.40 several years ago. Which currency has appreciated, which has depreciated? By how much?

Starbucks needs to make a payment of KES 480,000,000 to its Kenyan coffee supplier. Citibank quotes Starbucks a bid and ask of 96.00 - 100.00 KES/USD.

What is the USD amount of the payment? Remember the rip-off rule

 Last year, you invested USD 200,000 in a European Hedge Fund which is denominated in EUR. The fund's performance has been OK, with a return (in EUR) of +10%. But the USD/EUR exchange rate went from 1.3600 a year ago to 1.2850 USD/EUR today. If you sold your investment today, how many USD would you be able to collect?