Based on the information below what is the crossrate for Aus

Based on the information below, what is the cross-rate for Australian dollars in terms of Swiss francs?
                                                                                 

Currency

U.S. $ Equivalent

Australia dollar

0.7002

Switzerland franc

0.8008

                     

Currency

U.S. $ Equivalent

Australia dollar

0.7002

Switzerland franc

0.8008

Solution

Cross rate for Australian dollars in terms of Swiss francs = 0.7002/0.8008

Cross rate for Australian dollars in terms of Swiss francs = 0.8744

0.8744 Swiss Francs = 1 Australian Dollar

 Based on the information below, what is the cross-rate for Australian dollars in terms of Swiss francs? Currency U.S. $ Equivalent Australia dollar 0.7002 Swit

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