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

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

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


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 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.


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Commodity money is a good that can be used as a medium of exchange or for some other purpose.


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The Canadian Stock Exchange is separated into different groups. TMX Group is one of the bigger stock exchanges in Canada. Canadian National Stock Exchange is another.


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To exchange Canadian dollars to US dollars, log on to CoinMill, where you can convert your Canadian dollars to US and many more countries you would like to exchange.


How much is 10 US dollars after the Canadian exchange rate?

The exchange rate is currently at 1.01 Canadian dollars for 1 Us dollar. This means that 10 US dollars would be about 10.10 Canadian dollars after exchange.


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