asked 55.8k views
2 votes
Please answer both

How is the value of currency determined?

Imagine one U.S. dollar equals 50 Mexican pesos. You plan to visit Mexico. How many pesos will you receive in exchange for $200?

asked
User Borisano
by
7.9k points

2 Answers

3 votes

Answer:

10,000 persos

Step-by-step explanation:

50*200=10,000

answered
User Scoffey
by
8.3k points
1 vote

Answer:

10,000 Pesos

Explanation: you multiply 50 by 200 because you have 200 dollars and one dollar is 50 pesos, and then you get 10000 pesos

50*200=10000

answered
User TomFirth
by
8.2k points

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