Asked by Yamam Flowers on May 28, 2024
Verified
If the ¥ per A$ exchange rate increases by ¥1 from its value ¥1.00 = A$ = 81.16, what will be the change in the A$ per ¥ exchange rate?
A$
The symbol for the Australian Dollar, the official currency of Australia.
¥ Per A$
The exchange rate showing how much Japanese yen (¥) one Australian dollar (A$) can buy.
Exchange Rate
An exchange rate determines how much one currency is worth in terms of another, playing a critical role in international trade and investment.
- Create variant forms of exchange rates based on the provided data.
Verified Answer
MP
Learning Objectives
- Create variant forms of exchange rates based on the provided data.