BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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If the foreign exchange rate between the U.S. dollar and the Japanese yen is 1:90, how many yen will you get for $15?
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1, 320 yen
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1, 350 yen
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1, 530 yen
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Explanation:
Detailed explanation-1: -1 Billion JPY to USD – Yens to US Dollars As of today at 15:00PM UTC one billion yens is equal to $7, 315, 196.09 (USD) or seven million three hundred fifteen thousand one hundred ninety-six us dollars 9 cents.
Detailed explanation-2: -1 USD = 135.952625 JPY Feb 28, 2023 19:05 UTC Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently.
Detailed explanation-3: -When the exchange rate between the U.S. dollar and the Japanese yen is $1 = 100 yen, this is an indication that: It would take 100 yen to purchase $1.
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