Cross Rates
At today's spot exchange rates 1 U.S. dollar can be exchanged for 12 Mexican pesos or for 110.32 Japanese yen. You have pesos that you would like to exchange for yen. What is the cross rate between the yen and the peso; that is, how many yen would you receive for every peso exchanged? Round your answer to two decimal places.
Please do rate me and mention doubts in the comments section.
Cross Rates At today's spot exchange rates 1 U.S. dollar can be exchanged for 12 Mexican...
At today's spot exchange rates 1 U.S. dollar can be exchanged for 10 Mexican pesos or for 110.19 Japanese yen. You have pesos that you would like to exchange for yen. What is the cross rate between the yen and the peso; that is, how many yen would you receive for every peso exchanged? Round your answer to two decimal places.
At today’s spot exchange rates to one US dollar can be exchanged for 12 Mexican pesos or for 111.83 Japanese yen. Your pesos that you would like to exchange for yen. What is the cross rate between the yen and the pesos. That is how many Jan would you receive for every peso exchange?
A currency trader observes that in the spot exchange market, 1 U.S. dollar can be exchanged for J. Israeli Shekels or for 112 Japanese yen what is the cross change rate between the pen and the shekel; that is, how many yen would you receive for every shekel exchanged? Do not round intermediate calculations. Round your answer to the nearest sen. Note: A senis 1/100 of ayen yen per shekel
Given these two exchange rates, $1 = 12.349 Mexican pesos and $1-€0.7684, compute the cross- rate between the Mexican peso and the euro. State this exchange rate in pesos and in euros. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Cross rate of 1 peso Cross rate of 1 euro pesos
Consider the data in the table below: Nominal Exchange Rates for the U.S. Dollar Country Foreign currency/U.S. dollar U.S. dollars/foreign currency United Kingdom (pound) 0.641 1.559 Canada (Canadian dollar) 1.008 0.992 Mexico (peso) 12.39 0.081 Japan (yen) 83.338 0.012 European Union (euro) 0.756 1.322 a. Calculate the nominal exchange rate between the Mexican peso and the Japanese yen. Express in two ways. Instructions: Enter your responses rounded to three decimal places. One peso = ___ yen One yen = ___...
Given these two exchange rates, $1 = 12.268 Mexican pesos and $1 = €0.7624, compute the cross-rate between the Mexican peso and the euro. State this exchange rate in pesos and in euros. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Cross-rate of 1 peso Cross-rate of 1 euro pesos
Exchange Rates
The chart below shows the exchange rate between the U.S. dollar
and the Mexican peso in 2015 and 2016. In these questions we’ll
focus on changes in 2015. Note that the chart
shows the exchange rate in terms of pesos per
dollar.
Suppose a meal at a restaurant in Mexico City cost 90
pesos in 2015. Read approximate figures from
the chart for the exchange rate in January 2015 and January 2016,
and use those figures to answer the following...
Given these two exchange rates, $1 = 12.354 Mexican pesos and $1 = €0.7759, compute the cross-rate between the Mexican peso and the euro. State this exchange rate in pesos and in euros. (Do not round intermediate calculations. Round your answers to 4 decimal places.)
The following table shows the number of U.S. dollars required to buy one Mexican peso and the number of U.S. dollars required to buy one Japanese yen between June 1, 2016, and September 1, 2016. Use this table to answer the following questions. Date June 1, 2016 July 1, 2016 August 1, 2016 September 1, 2016 U.S. Dollars Required to Buy 1 Mexican Peso 0.0536 0.0537 0.0541 0.0520 U.S. Dollars Required to Buy 1 Japanese Yen 0.0095 0.0096 0.0099 0.0098...
9. Suppose nominal exchange rates are 110 Japanese yen per dollar, 0.9 euro per dollar, and 16 Mexican pesos per dollar. A pizza costs 1,600 yen in Tokyo, Japan, 12 euro in Munich, Germany, 180 pesos in Mexico City and 12 dollars in Raleigh, North Carolina. Which of the following statements is (are) correct? (x) Pizza is more expensive in Tokyo than Mexico City but less expensive than in Munich. (y) Pizza is less expensive in Raleigh than Munich but...