Given USD/Brazilian Real = 3.486 USD/Australian Dollar = 1.157 USD/Chinese Yuan = 8.336 What is the...
Given
USD/Brazilian Real = 3.486
USD/Australian Dollar = 1.157
USD/Chinese Yuan = 8.336
What is the Australian Dollar/Chinese Yuan cross rate?
Enter your answer rounded off to THREE decimal points.
Homework Answers
AUD / CY = (AUD / USD) * (USD / CY)
Given USD / AUD = 1.157
Thus AUD / USD = 1 / 1.157
= 0.8643
CNY / AUD = (CNY / USD) * (USD / AUD)
= 8.336 * 0.8643
= 7.2048
AUD / CNY is 7.2048
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