What is 350 euros in american dollars

International Business – Internet Exercise 1
Currency and Foreign Exchange Worksheet
Student Name: Dianara Loredon Date: Click or tap to enter a date.

The ability to convert between different currencies is a useful life-skill, not just for travelling abroad but also for comparing salaries, buying goods online from a supplier outside the United States, comparing property prices, etc.

For instructional purposes please identify the date used, and website where you obtain your information.

For example: August 30, 2019 www1.oanda.com/currency/converter

Website: Click or tap here to enter text. Date Used: Click or tap to enter a date.

1. Enter 3-letter currency code (Max 10 points). What is the current exchange rate compared to $1.00?

Example: Australian Dollar AUD 1.485 (rounded up)

a. British Pound Click or tap here to enter text.

b. Chinese Yuan Renminbi Click or tap here to enter text.

c. Hong Kong Dollar Click or tap here to enter text.

d. Indian Rupee Click or tap here to enter text.

e. Japanese Yen Click or tap here to enter text.

f. Mexican Peso Click or tap here to enter text.

g. Saudi Riyal Click or tap here to enter text.

h. South African Rand Click or tap here to enter text.

g. Swiss Franc Click or tap here to enter text.

h. Utd. Arab Emir Dirham Click or tap here to enter text.

2. The exchange rate for converting US dollars to Chinese yuan is 6.11. How much is 600 US dollars’ worth in China? (Max 10 points - show your calculations)

Ans: Click or tap here to enter text.

International Business – Internet Exercise 1
Currency and Foreign Exchange Worksheet
3. Melissa is traveling from France to the US. She knows that 1 US dollar is worth 0.91 Euros. How much is 350 Euros worth in US dollars? (Max 10 points – show your calculations)

Ans: Click or tap here to enter text.

4. A German sports car is selling for 70,000 euros. What is the dollar price in the United States for the German car if the exchange rate is 0.90 euros per dollar? (Max 10 points - show your calculations)

Ans: Click or tap here to enter text.

5. Direct and Indirect Exchange Rates (Max 10 points)

Q. Only July 1, 2019, the British pound (£) is quoted as $0.79/£.

Is this a direct or indirect quote from the viewpoint of an American and a British investor?

Ans: Click or tap here to enter text.

A month later, the exchange rate moved to $0.82/£. Which currencies appreciated or depreciated?

Ans: Click or tap here to enter text.