The following table lists the foreign exchange rate between U.S. dollars and British pounds (GBP) during May

Question:

The following table lists the foreign exchange rate between U.S. dollars and British pounds (GBP) during May 2017. Which day would have been the best for converting $200 into British pounds? Which day would have been the worst? What would be the difference in pounds?

5-01………………….1.2917

5-02………………….1.2921

5-03………………….1.2916

5-04………………….1.2910

5-05………………….1.2950

05-08……………….1.2942

05-09………….……1.2939

05-10…………..…..1.2939

05-11…………..…..1.2885

05-12………..…….1.2880

05-15……..….……1.2917

05-16………....….1.2912

05-17……....…….1.2944

05-18……...……1.3009

05-19…….....….1.3018

05-22…....…….1.3006

05-23…....……1.2984

05-24....………1.2935

05-25……....…1.2954

05-26……......1.2795

05-30….....…1.2858

05-31…....…1.2905

Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...

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