Bettina returns to Germany from the United States. When she exchanges her $100 for euros, she receives 86 euros. The exchange rate is:

Name: Bettina returns to Germany from the United States. When she exchanges her $100 for euros, she receives 86 euros. The exchange rate is:
Brand: Quizplus
Rating: 4.8 (52 reviews)

Question

Quizplus · Accepted Answer

The exchange rate given is the amount of currency you receive (EUR) for each unit of currency you exchange (USD), which is 86 euros for 100 dollars, or 0.86 EUR per 1 USD, hence USD/EUR .86.

Bettina Returns to Germany from the United States