Question: While you originally had $3,000.00 before your initial exchange for euros, when you converted back to dollars you ended up with only $2,868.75. 131.25 less

While you originally had $3,000.00 before your initial exchange for euros,

While you originally had $3,000.00 before your initial exchange for euros, when you converted back to dollars you ended up with only $2,868.75. 131.25 less than when you started. In percentage terms, this is equivalent to Because of the bid/ask spread, you have $ % less than when you started

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