Question: 1 . The NOK / ZAR current rate is 0 . 5 6 3 6 ( The ZAR is our base currency ) . Provide

1.The NOK/ZAR current rate is 0.5636(The ZAR is our base currency). Provide the direct exchange rate quotation from a South African perspective between the rand and the Norwegian krone (NOK) and explain what the answer means for 3 points.
2.The NZD/AUD current rate is 0.0872(The AUD is our base currency). Provide the price quotation from an Australian perspective between the AUD and NZD and explain what the answer means for 3 points.
3.The EUR/NOK current rate for monday was 0.0871(The NOK is our base currency),How much NOK was required to buy EUR10000 on monday?

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