answersLogoWhite

0

It only takes one Canadian dollar to buy 20 Japanese yen

User Avatar

Anonymous

4y ago

What else can I help you with?

Related Questions

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 accurately explains what an exchange rate of 120 between the Canadian and Japanese yen means?

An exchange rate of 120 between the Canadian dollar (CAD) and the Japanese yen (JPY) means that 1 Canadian dollar is equivalent to 120 Japanese yen. This rate indicates how much yen can be obtained in exchange for one Canadian dollar. A higher exchange rate implies that the Canadian dollar has more value compared to the yen, while a lower rate would suggest the opposite.


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

An exchange rate of 120 between the Canadian dollar (CAD) and Japanese yen (JPY) means that 1 Canadian dollar can be exchanged for 120 Japanese yen. This indicates the relative value of the Canadian dollar compared to the Japanese yen; if the CAD strengthens, it will buy more yen, while if it weakens, it will buy fewer yen. Understanding this exchange rate is essential for businesses and individuals engaged in trade or travel between Canada and Japan.


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 accurately explains why fiat money has no value in itself?

Fiat money has only a single use as a medium of exchange.


What most accurately explains why fiat money has no value in itself?

Fiat money has only a single use as a medium of exchange.


What most accurately explains why fiat money has value in itself?

Fiat money has only a single use as a medium of exchange.


Which of the most accurately explains why commodity money has value?

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


What accurately explains what an exchange rate of 1 9 between the european euro and mexican pesos mean?

An exchange rate of 1:9 between the European Euro and the Mexican Peso means that you can exchange one Euro for 9 Pesos.


What accurately explains what an exchange rate of 1to 9 between the European euro and Mexican pesos means?

It takes only one euro to buy nine pesos


What accurately explains what an exchange rate of 1 to 6 between the U.S. dollars and the Egyptian pounds means?

One U.S. dollar will buy six Egyptian pounds.


Which of the following accurately explains what an exchange rate of 1 to 6 between U.S. dollars and Egyptian pounds means?

One U.S. dollar will buy six Egyptian pounds.