Given, 1 USD = 12 Mexican Pesos
1 USD = 111.83 Japanese Yen
=> 12 Pesos = 111.83 Yen
=> 1 Pesos = 9.32 Yen
Hence, For every Peso you would receive 9.32 Yen
At today’s spot exchange rates to one US dollar can be exchanged for 12 Mexican pesos...
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