View the step-by-step solution to:

Name: _____________________________ Exchange Rates Answer the following questions. Convert the currencies given the exchange rate stated in each

I need help with these questions and i would like to see the work on how to solve these step by step

1) charoltte earned GBP 100 for walking the dogs. the boy board she wants costs 120AUD afther her purchase how much money will she have left in british pounds? 

2) Jacl lives in ontario canada , his uncle lives in london. for his birthday jack recieved 20GBP. how many canadian dollars can he buy with his BDAY MONEY?

3) olivia lives in australia, her g-mom lives in paris france.  for christmas she recieved 40 euro from g-mom . How many australian dollars can she buy with her christmas money?

4) WIlliam has 11 usd. Video game he wants costs 10 AUD does he have enough money to buy the game? if not how much more usd does he need 

5) Sophie has euro 35 she wants a jean for 25 CAD and a tee for 15 CAD afther her purchases how many euro will she have left  ( round to the nearest euro) 

6) which currency in table has the highest valued currency unit?

Name: _____________________________ Exchange Rates Answer the following questions. Convert the currencies given the exchange rate stated in each question. 1. How many Dollars would I have if I convert 75 (euros) to USD (U.S. Dollars)? The exchange rate is 1.32 USD per Euro. 2. How many Euros would I have if I convert $540 dollars to Euros? The exchange rate is 1.32 USD per Euro. 3. If the exchange rate is 0.76 Euros per US Dollar, how many Dollars would I have if I exchange 410.40 (Euros)? 4. How much would my vacation to Japan will cost me in USD if I bought a vacation package (all included) for ¥ 245,254.50 (Yen)? The exchange rate today is ¥ 99.90 (Yen) per US Dollar. 5. If I sell leather jackets in Mexico at $3,400 pesos and I want to start exporting to Brazil; what would be the price in Brazilian Real (BRL)? The exchange rate is R$ 0.18 (BRL) per Mexican Peso. 6. The exchange rate between China’s Yuan and India’s Rupee yesterday was 10.79 Rupee per Yuan. If the exchange rate today is 11 Rupee per Yuan, Which currency appreciated in value?
Background image of page 1
7. You are taking a vacation in Italy in December and calculate that the expense in Euros will be 900 (you will pay once you arrive in Italy). The exchange rate today is 0.76 Euros per US Dollar. Would you be happy or sad if the exchange rate in December changes to 0.95 Euros per US Dollar? (in other words, is your vacation now going to be more expensive or less expensive? – You earn your salary in US Dollars) 8. You have a manufacturing plant in Brazil. Your labor cost per hour to manufacture a polo shirt is R$5.99 BRL (Brazilian Real). Will your cost of production increase or decrease if the Brazilian Real appreciates (gains value) compared to the US Dollar? What implications would this change in currency value have on your business and on your consumers back in the U.S.?
Background image of page 2
Show entire document
Sign up to view the entire interaction

Top Answer

Kindly find the... View the full answer

Exchange rate assignment.docx

1. 1.00 GBP = 1.83 AU$
= 120 AU$
120/1.83=65.573GB £
100.00 GB £-65.573 GB £=34.43 GB£
2. 1.00GB£ = 1.74 CA$
20.00GB£ =?
20.00GB£*1.74CA$ = 34.8 CA$
3. 1.00 £ = 1.67 AU$
40.00 £ =?...

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.


Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online