The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin

Exercise 22

International travelers and business people frequently need to accurately convert from one currency to another. It is often easy to find the rate needed to convert the U.S. dollar into another currency. It can be more difficult to find exchange rates between two non-U.S. currencies. Go to http://www.oanda.com/convert/classic. This site lets you convert from any currency into any other currency. How many Lithuanian litas can you currently buy with one Chilean peso?