Question
Dollar to Euro echange rate is $1.25=1.00 and the Dollarto Yen is x100=$1.00, What is the Euro to Yen cross rate? I cam up with x125 = 1.00 as is one of my answers, butthe question asks Euro to Yen so shouldn't the eruo come first thenthe yen, or is it of no difference? Also with the figure always be in a well rounded format?Thanks Dollar to Euro echange rate is $1.25=1.00 and the Dollarto Yen is x100=$1.00, What is the Euro to Yen cross rate? I cam up with x125 = 1.00 as is one of my answers, butthe question asks Euro to Yen so shouldn't the eruo come first thenthe yen, or is it of no difference? Also with the figure always be in a well rounded format?Thanks
Explanation / Answer
Dollar to Euro ExchangeRate $1.25 = €1.00 Dollar toYen $1 = ¥100 Euro to Yen Cross rate can be calculated as the multiplied bythe Dollar to Yen Rate, which is equal to ; (€1//$1.25) * (¥100) = 80 Euro to Yen (or) €80 per Yen(¥) 1¥ (Yen) = €80(euros) Dollar to Euro ExchangeRate $1.25 = €1.00 Dollar toYen $1 = ¥100 Euro to Yen Cross rate can be calculated as the multiplied bythe Dollar to Yen Rate, which is equal to ; (€1//$1.25) * (¥100) = 80 Euro to Yen (or) €80 per Yen(¥) 1¥ (Yen) = €80(euros) Dollar to Euro ExchangeRate $1.25 = €1.00 Dollar toYen $1 = ¥100 Euro to Yen Cross rate can be calculated as the multiplied bythe Dollar to Yen Rate, which is equal to ; (€1//$1.25) * (¥100) = 80 Euro to Yen (or) €80 per Yen(¥) 1¥ (Yen) = €80(euros)