Question

Currency              Bid Rate Offer Rate EUR/USD   1.2310 1.2313 GBP/USD   1.7945 1.7949 USD/JPY 110.73 110.83 USD/CHF 1.2810...

Currency             

Bid Rate

Offer Rate

EUR/USD  

1.2310

1.2313

GBP/USD  

1.7945

1.7949

USD/JPY

110.73

110.83

USD/CHF

1.2810

1.2815

USD/CAD

1.1514

1.1517

USD/BRL   

2.1780

2.2345

Review quotes above. You have GBP and you buy USD. How much GBP do you pay for USD 1,000,000?

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Answer #1

How much GBP do you pay for USD 1,000,000

=1000000/1.7949

=557134.10

the above is answer..

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Currency              Bid Rate Offer Rate EUR/USD   1.2310 1.2313 GBP/USD   1.7945 1.7949 USD/JPY 110.73 110.83 USD/CHF 1.2810...
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