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Q: If the foreign exchange rate between us dollar and the Japanese yen is 190 how many yen will you get for 15?
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What explains the exchange rate of 1 20 between the Canadian dollar and Japanese yen means?

An exchange rate of 1:20 means that 20 Japanese Yen are equal to one Canadian dollar. Frequency exchange rates vary minute to minute.


What does an exchange rate of 1 to 20 between the Canadian dollar and Japanese yen mean?

With an exchange rate of 1 Canadian Dollar to 20 Japanese Yen for every 1 Canadian Dollar you will get 20 Japanese Yen. So, for example, if you exchanged 40 Canadian Dollars, you would get 40×20 = 800 Japanese Yen.


What accurately explains what an exchange rate of 120 between the Canadian dollar in Japanese yen means?

It only takes one Canadian dollar to buy 20 Japanese yen


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What are Forex rates used for?

Forex or foreign exchange rates are the conversion rates between major currencies. These include the US dollar, the Euro, the British pound, the Japanese Yen, the Chinese Yuan and many others.


What is a weak dollar?

A weak dollar is a U.S. dollar that can exchange for fewer amounts of foreign currency.


Which of the following accurately explains what an exchange rate of 1:20 between the Canadian dollar and Japanese yen means?

It takes only one Canadian dollar to buy twenty Japanese yen.


What is the strength of the dollar against foreign currencies?

exchange rate


Explain the difference between indirect and direct exchange rates?

The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).


What is the foreign exchange rate between Euros to US dollars?

The best place to find what the foreign exchange rate between Euros and US dollars would be to call the US embassy. The Euro used to be worth less than the Dollar, but it has switched since the recession.


What is the current dollar for foreign currency exchange rate?

Against what currency?


What are the economic effects of a depreciation of the dollar on foreign exchange markets?

When the dollar depreciates (dollar price of foreign currencies rises), U.S. exports rise and U.S imports fall.