Several of the world's major currency exchange rates follow a specific quotation convention that is the result of tradition and history. The exchange rate between the U.S. dollar and the Japanese yen is always quoted as "dollars per Japanese yen."

Question

Quizplus · Accepted Answer

The exchange rate between the U.S. dollar and the Japanese yen is typically quoted as "yen per U.S. dollar," not "dollars per Japanese yen."

Several of the World's Major Currency Exchange Rates Follow a Specific