Go to xe$.$comLinks to an external site.. Using the XE Currency Converter, record the Euro cost of a US dollar, the British Pound cost of a Euro, and the US dollar cost of a British Pound. Multiply the exchange rates together. What value did you get? What do you think that means?

US dollar to Euro$$

$1\mathrm{.}00$ US Dollar $=0\mathrm{.}93432269$ Euros

$1$ EUR $=1\mathrm{.}07029$ USD

Euros dollar of a British Pound

$1\mathrm{.}00$ British Pound $=1\mathrm{.}1812148$ Euros

$1$ EUR $=0\mathrm{.}846586$ GBP

US dollar to British Pound$$

$1\mathrm{.}00$ British Pound $=1\mathrm{.}2640653$ US Dollars

$1$ USD $=0\mathrm{.}791098$ GBP

$1\mathrm{.}07029$ x $1\mathrm{.}1812148$ x $1\mathrm{.}2640653=1\mathrm{.}59808493$