How much is one big figure worth per million of base currency if EUR/GBP is 0.8990?
A) GBP 10,000.00
B) EUR 10,000.00
C) GBP 8,990.00
D) EUR 8,990.00

Name: How much is one big figure worth per million of base currency if EUR/GBP is 0.8990? A) GBP 10,000.00 B) EUR 10,000.00 C) GBP 8,990.00 D) EUR 8,990.00
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Question

Quizplus · Accepted Answer

One big figure is 0.01 in currency terms. For EUR/GBP at 0.8990, one big figure (0.01) is worth GBP 10,000 per million EUR because 1,000,000 EUR * 0.01 = 10,000 GBP.

How Much Is One Big Figure Worth Per Million of Base