If the exchange rate is 10 pesos per U.S.dollar,it is also 1/10 U.S.dollars per peso.

Name: If the exchange rate is 10 pesos per U.S.dollar,it is also 1/10 U.S.dollars per peso.
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Quizplus · Accepted Answer

This is true because the exchange rate is a reciprocal relationship between two currencies. If 10 pesos are equal to 1 U.S. dollar, then 1 U.S. dollar must be equal to 10 pesos. Thus, 1/10 U.S. dollars is the same as 1 peso.

If the Exchange Rate Is 10 Pesos Per U