Question: Sample Exchange Rates: Friday, May 29, 2015 Direct Quotation: U.S. Dollars Required to Buy One Unit of Foreign Currency Indirect Quotation: Number of Units of

Sample Exchange Rates: Friday, May 29, 2015 Direct Quotation: U.S. Dollars Required to Buy One Unit of Foreign Currency Indirect Quotation: Number of Units of Foreign Currency per U.S. Dollar 1.3082 3.1793 0.6540 1.2454 6.2004 6.788 0.9097 $0.7644 Australian dollar Brazilian real British pound Canadian dollar Chinese yuan Danish krone EMU euro Hungarian forint Israeli shekel Japanese yen Mexican peso South African rand Swedish krona Swiss frand Venezuelan bolivar fuerte 0.3145 1.5290 0.8030 0.1613 0.1473 1.0993 0.00355404 0.2586 0.00806 0.0650 0.0823 0.1174 1.0636 0.1587289 281.37 3.8673 124.14 15.3776 12.1557 8.5195 0.9402 6.3001 Note: Column 2 equals 1.0 divided by column 1. However, rounding differences do occur Source: Adapted from The Wall Street Journal (online.wsj.com), June 1, 2015

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