Reading Exchange Rate Tables 1.00 US Dollar Rates table Top 10Mar 20, 2015 19:12 UTC US Dollar 1.00 USD inv. 1.00 USD Euro 0.924652 1.081488 British Pound 0.669213 1.494292 Indian Rupee 62.311600 0.016048 Australian Dollar 1.285623 0.777833 Canadian Dollar 1.257735 0.795080 Singapore Dollar 1.379701 0.724794 Swiss Franc 0.976454 1.024114 Malaysian Ringgit 3.709632 0.269569 120.125603 0.008325 6.204203 0.161181 Japanese Yen Chinese Yuan Renminbi Currency Exchange Rate Table – What does it all mean? $1.00 in US dollars is equal to 0.92 Euros. 1 Euro will purchase $1.08 in US dollars. THE DOLLAR IS WEAK COMPARED TO THE EURO. THE EURO IS STRONG COMPARED TO THE DOLLAR. 1. $1.00 US dollars = ______________________ Indian Rupees a. The US dollar is (strong/weak) compared to the Indian rupee. b. How do you know? _______________________________________________________________ 2. 1 Chinese Yuan = _______________________ US dollars a. The yuan is (strong/weak) compared to the US dollar. b. How do you know? _______________________________________________________________ 3. 1 British Pound = _______________________ US dollars. a. The pound is (strong/weak) compared to the US dollar. b. How do you know? ________________________________________________________________ 4. $1.00 US dollar = _______________________ Chinese Yuan a. The US dollar is (strong/weak) compared to the yuan. b. How do you know? ________________________________________________________________ 5. $1.00 US dollar = _______________________ Australian Dollars a. The US dollar is (strong/weak) compared to the Australian dollar. Are you being helped or hurt? Scenario #1 – The US dollar is depreciating against the Euro and Australian dollar. 1. You are an Australian citizen who purchases numerous Spud Webb throwback jerseys from a company in Atlanta. a. Helped or Hurt? b. Explain: 2. You are a German citizen who often travels to Los Angeles for business. You are planning to bring your family on your next trip so your kids can visit Disneyland. a. Helped or Hurt? b. Explain: 3. You are an American company that exports Wisconsin cheese to all the finest restaurants in Australia. a. Helped or Hurt? b. Explain: 4. You are a Mercedes-Benz dealer (selling German cars) in Atlanta. a. Helped or Hurt? b. Explain: Scenario #2 – The US dollar is appreciating against the British pound. 1. You are an American citizen who loves soccer. You want to travel to England to watch your favorite team, the Tottenham Hotspurs take on Chelsea. a. Helped or Hurt? b. Explain: 2. You import British-made Mini-Cooper automobiles into the United States. a. Helped or Hurt? b. Explain: 3. You export these same Mini-Coopers from Liverpool, England to the United States. a. Helped or Hurt? b. Explain: 4. You are a British school kid who is coming to Panama City Beach for Spring Break 2014. a. Helped or Hurt? b. Explain:
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