Purchase Solution

current exchange rate

Not what you're looking for?

Ask Custom Question

A) What is the current exchange rate for changing dollars into 1,000 units of pounds, Canadian dollars, euros, yen, Mexican pesos, and Swedish kronas?

See attached file for full problem description.

Attachments
Purchase this Solution
Solution Summary

This posting determines current exchange rate.

Solution Preview

a) What is the current exchange rate for changing dollars into 1,000 units of pounds, Canadian dollars, euros, yen, Mexican pesos, and Swedish kronas?

Changing Dollars into
Direct quotation (Indirect quotation) 1000 units of the currency
Brazilian Real 0.5219 1.916 521.9206681
British Pound 2.0161 0.496007 2016.100579
Canadian Dollar 0.9476 1.0553 947.5978395
Danish Krone 0.1831 5.4607 183.1267054
Euro 1.3627 0.733837 1362.700436
Hungarian forint 0.0052 190.514 5.248958082
Israeli ...

Purchase this Solution
Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

View More Free Quizzes
Related BrainMass Solutions

  • Exchange rates (nominal, real)

    Since the zloty has depreciated by 14 % (Current exchange rate - last year's exchange rate )/ last year's exchange rate= 14% or Current exchange rate/ last year's exchange rate - 1= 14% or Current exchange rate/ last year's exchange

  • Using PPP/IFE to Determine Exchange Rates

    Base Price Level 100 Current U.S. Price Level 105 Current South African Price Level 111 Base Rand Spot Exchange Rate $.175 Current Rand Spot Exchange Rate $.158 Expected Annual U.S.

  • Analyzing the impact of fluctuations in currency values

    Total sales at current level of exchange rate=5*100/1.40=357.14 million Euros New exchange rate=1.40/(1+15%)=$1.217 per Euro Total sales at new level of exchange rate=5*100/1.217=410.85 million Euros Change in sales=(410.85-357.14)/357.14=15% Value

  • Corporate Finance: Value, Exercise Price and Exchange Rate

    Dollar $1.00 Answer: One Canadian Dollar is worth = 1/Spot exchange rate for the Canadian Dollar =1/1.02=0.9804 PROBLEM 4: British Pound Exchange Rate= 93 Japanese Yen Exchange Rate= 1 Answer: Cross Rate in terms of Yen per Pound

  • International Financial Management: Example Problem

    All current method converts all assets and liabilities using the exchange rate at the balance sheet date or the current exchange rate.

  • international monetary system with exchange rates, interest

    - (a) The $/pound sterling exchange rate in 2001 is 420/310 = 1.355 - (b) If the actual $/pound sterling exchange rate is $1/pound sterling, which is lower than the calculated rate by PPP, the pound sterling is undervalued obviously, i.

  • Foreign Statement Translation

    Current exchange rate: £1 = $0.689 Current value of inventory = £750,000 * 0.689  $516,750 Consolidated Statements of U.S.

  • Question about Floating exchange rate

    The exchange rate? b. The current account balance? c. The expected exchange rate? d. The interest rate differential? e. Interst rate parity? f. Purchasing power equity? A country has a lower inflation rate than all other countries.

  • Future exchange rate

    329926 Future exchange rate QN. I.

  • Fixed and Floating Exchange Rate Systems

    5001 6 questions on International Macroeconomics that deal with fixed exchange rate system, foreign exchange reserves, floating currency, exchange rate devaluations, current accounts, BOP crisis, domestic and foreign interest rates, short-run level of

View More Related Solutions