Question

In: Finance

Rate Symbol $1 USD 0.87 Euro $1 USD 0.76 Pound $1 USD 109.5 Yen $1 USD...

Rate Symbol
$1 USD 0.87 Euro
$1 USD 0.76 Pound
$1 USD 109.5 Yen
$1 USD 6.75 Yuan
$1 USD 16.75 Pesos (MX)
$1 USD 66.02 Rubles
$1 USD 3.65 Real

They are all in their currency in billions and I need to make them into US dollar. Like Yen is 84.5 billion yen and also 14.2 billion yen, what are they if their converted to US dollars. Do that for all in the table below. Please show formula

Yen 84.5 14.2
Peso 9.2 2.4
Pount 1.5 0.3
Real 2.1 0.4
Yuan 12.8 4.2
Ruble 42.4 18.7
Euro 1.85 0.9
Dollar 14.1 4.8

Solutions

Expert Solution

All the amounts below are in billions
Amountin Usd = Amount in respective currency/Exchange rate per USD
(a) (b) (.c)=a/b
Currency Exchange rate Amount in respective currency Amoun in USD
Yen 109.5 84.5 84.5/109.5 =0.7717
Peso 16.75 9.2 0.5493
Pound 0.76 1.5 1.9737
Real 3.65 2.1 0.5753
Yuan 6.75 12.8 1.8963
Ruble 66.02 42.4 0.6422
Euro 0.87 1.85 2.1264
Dollar 1 14.1 14.1000
(a) (b) (.c)=a/b
Currency Exchange rate Amount in respective currency Amoun in USD
Yen 109.5 14.2 14.2/109.5=0.1297
Peso 16.75 2.4 0.1433
Pound 0.76 0.3 0.3947
Real 3.65 0.4 0.1096
Yuan 6.75 4.2 0.6222
Ruble 66.02 18.7 0.2832
Euro 0.87 0.9 1.0345
Dollar 1 4.8 4.8000
For dollar exchnge rate will always be 1 against dollar.
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