1. Currency Conversion Practice

2. How to calculate This table shows how many dollars it takes to
Cost of Foreign Currency in U.S. Cost of U.S. Dollar in Foreign Dollars Currency (U.S. dollars divided by foreign currency) (foreign currency divided by U.S. dollars) May October May October Swedish Krona Swedish Krona Japanese Yen Japanese Yen Mexican Peso Mexican Peso
This table shows how many dollars it takes to
obtain one unit of the other currency.
This table shows how much of the foreign
currency Is needed to obtain one dollar.

3. Using the data in the table below, calculate the cost of the following products in U.S. dollars. To solve, divide the cost of the product in the foreign currency by the cost of the U.S. dollar in the foreign currency May October A pound of Swedish Meatballs that costs 30 Krona A hotel room that costs 30,000 Japanese Yen A dinner for 2 that costs 500 Mexican Pesos

4. Calculate how much foreign tourists would have to pay in their currency for an American meal that costs $60. Here, divide the cost in US dollars by the cost of the foreign currency in U.S. dollars May October Krona Yen Peso

5. Did the value of the dollar appreciate or depreciate against the following currencies between May and October? Appreciate Depreciate Krona Yen Peso