1. Currency Conversion Questions

2. Cost of Foreign Currency in U. S. dollars Cost of U. S
Cost of Foreign Currency in U.S. dollars Cost of U.S. Dollar in Foreign Currency (U.S. dollars/foreign currency) (foreign currency/U.S. dollars) May August May August Swedish Krona Japanese Yen Mexican Peso

3. Using the data in the table below, calculate the cost of the following products in U.S. dollars May August A dinner for 2 that costs 500 Mexican Pesos A hotel room that costs 30,000 Japanese Yen A pound of Swedish Meatballs that costs 30 Krona

4. Calculate how much foreign tourists would have to pay in their currency for an American meal that costs $ May August Krona Yen Peso

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