On May 12, 2011, it cost U.S.$1.64 to buy 1 British pound.How many British pounds would U.S.$1 buy?

Name: On May 12, 2011, it cost U.S.$1.64 to buy 1 British pound.How many British pounds would U.S.$1 buy?
Brand: Quizplus
Rating: 4.9 (47 reviews)

Question

Quizplus · Accepted Answer

To find the number of British pounds that U.S.$1 would buy, we need to take the reciprocal of the exchange rate. 
Reciprocal of U.S.$1.64 per pound = 1/1.64 = 0.6098, which is approximately 0.61. Therefore, U.S.$1 would buy approximately £0.61.

On May 12, 2011, It Cost U