ECONOMICS
FOREIGN CURRENCY MARKETS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Assume the Canadian dollar is equal to USD 0.78 and the value INR is equal to USD 0.01923. The value of the INR in Canadian dollars is:
|
|
about 0.015 Canadian dollars.
|
|
|
about 0.02466 Canadian dollars.
|
|
|
about 66.66 Canadian dollars.
|
|
|
about 51.99 Canadian dollars.
|
|
|
None of these.
|
Explanation:
Detailed explanation-1: -1 INR = 0.016898 CAD Mar 11, 2023 01:58 UTC The currency converter below is easy to use and the currency rates are updated frequently.
Detailed explanation-2: -Visit Thomas Cook today and convert INR to CAD and gear up to explore the spectacular country.
Detailed explanation-3: -Multiply the money you’ve budgeted by the exchange rate. The answer is how much money you’ll have after the exchange. If “a” is the money you have in one currency and “b” is the exchange rate, then “c” is how much money you’ll have after the exchange. So a * b = c, and a = c/b.
There is 1 question to complete.