Using Exchange Rates Use the information below to answer the following questions.     U.S. $ EQUIVALENT CURRENCY PER U.S. $   Polish Zloty .2985             3.3496                 Euro 1.2318             .8118                 Mexican Peso .0752             13.2980                 Swiss Franc 1.0256             .9750                 Chilean Peso .002071             482.80                 New Zealand Dollar .8092             1.2358                 Singapore Dollar .8015             1.2476                     a. If you have $100, how many Polish zlotys can you get? (Do not include the Polish zlotys sign, zl. Round your answer to 2 decimal places, e.g., 32.16.) b. How much is one euro worth in U.S. dollars? (Round your answer to 4 decimal places, e.g., 32.1616.) c. If you have 5.00 million euros, how many dollars do you have? (Enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar, e.g., 1,234,567.) d. Which is worth more, a New Zealand dollar or a Singapore dollar? e. Which is worth more, a Mexican peso or a Chilean peso? f-1. How many Swiss francs can you get for a euro?

Q: The exchange rate between the British pound and the Australian dollar (GBP/AUD) is 0.4220, it means…

A: Exchange rate between the British pound and the Australian dollar (GBP/AUD) is 0.4220

Q: the following cross exchange Dinar/ Lira Rupee/Real Bolivar /Shekel

A: In this you have multiply with other currency to get real exchange rate.

Q: If the exchange rate for Canadian and U.S. dollars is 0.92777 to 1, this implies that 13 Canadian…

A: Value of 1 Canadian dollar in US dollar = 1/0.92777 = 1.07785334727

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Q: Country Switzerland (Franc) CHF Euro € USD equivalent BID 0.8653 1.4000 ASK 0.8667 1.4200 What is…

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Q: Use the information below to answer the questions that follow. U.S. $ EQUIVALENT CURRENCY PER U.S. $…

A: US DollarForeign currency13.723Poland Zloty10.709Jordan Dinar10.377Bahrain Dinar11.5591New Zealand…

Q: Purchasing Power Parity A computer costs $430 in the United States. The same model costs €525 in…

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Q: Suppose that the spot exchange rates against the US dollar are: SEK9.3924 = USD1 CHF1.5231 = USD1…

A: Following exchange rates are given SEK 9.3924 = USD 1 CHF 1.5231 = USD 1 JPY 123.380 = USD 1…

Q: Exchange Rates from November 11, 2015 USD $ GBP £ CAN $ EUR € AUD $ USD $ 1 1.52 .75 1.07 .71 GBP £…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Use the information below to answer the following questions.     U.S. $ EQUIVALENT CURRENCY PER U.S.…

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: QUESTION 1 Currently, $1 will buy C$1.2103 while $1.2762 will buy €1. What is the exchange rate…

A: Let's break down the information given:$1 buys C$1.2103 (USD to CAD)$1.2762 buys €1 (USD to EUR)To…

Q: 1. Based on the following information, answer the problems showing procedure for each problem.…

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A: Cross rate is the rate between two currencies that are both valued against a third currency.

Q: efer to the exchange rates given in the table to answer the questions. Please round your answer to…

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A: The Wall Street Journal is a New York City-based daily newspaper with a business-focused theme that…

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A: As per our guidelines, we are supposed to answer only 3 sub-parts (if there are multiple sub-parts…

Q: Use the information below to answer the following questions.     U.S. $ EQUIVALENT CURRENCY PER U.S.…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: An exchange rate is the price of one country's currency expressed in another country's currency. The…

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Q: Assume the exchange rate is 1.05 Swiss francs per U.S. dollar. How many U.S. dollars are needed to…

A: Given, 1 US Dollar = 1.05 Swiss Frans

Q: (USS) 3.75 1.17 2.33 0.61 1.12 469 3.54 eso) ng to this data, what are the predicted exchange rates…

A: In this we have to calculate cross country exchange rate using rates given in dollars.

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Q: Use the information below to answer the questions that follow. U.S. $ EQUIVALENT CURRENCY PER U.S. $…

A: A cross-currency exchange rate is an exchange rate where two different currencies are valued against…

Instruments of Foreign Exchange Market

Foreign exchange is a worldwide market in which one nation’s currency is converted into another nation’s currency. In further terms, exchanging of nations currency with foreign currencies. Foreign exchange happens at a specified rate which is termed the foreign exchange rate. The exchange rates are not constant continuously changing as they are derived by market forces of supply and demand. Widely used foreign currencies are the United States- dollar, Euro, Japanese Yen, British pound, and Australian dollar. US- dollar is the most denominated foreign currency. The Euro to US dollar is a widely used currency pair in the forex market as these two currencies represent the world’s enormous economy. Forex trade is simple as exchanging currencies at the bank. The main players of forex markets are the central banks, financial institutions, intermediaries, investments banks, and other banks. Central Bank is the supreme player who decides the currency value of their own nation on the forex market. Mostly foreign exchange-traded at FX market (forex market) when tourists’ visits a foreign country, import, and export happens between two countries.