Instructions
Answer the questions using the following information.
Given that
1 USD = 70.99 INR, | AUD = 0.708 USD, | EURO = 1.137 USD, and | NZD = 9.679 USD, (Here USD (U) = US Dollar, AUD (A) = Australian Dollar, EURO (FE) = European Union Currency, NZD (N) = Newzealand Dollar, INR (1) = Indian rupee)
Solution
1 AUD = 0.708 USD
Hence,
1 AUD = 0.708*70.99INR = 50.26 INR
1 AUD = 0.708*(1/1.137)EUR = 0.622 EUR
1 AUD = 0.708*(1.9.679) NZD = 0.073 NZD
From the above, we can see that NZD has the highest value against AUD and INR has the least value.
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