cross currency chart
Post on 21-Jan-2015
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Start with the US Dollar along the Top of the Chart.
Go DOWN one line to “1.1046” and look to the LEFT for the Country.
That reads: “$1.00 US Dollar will Exchange for 1.1046 Canadian Dollars (“Cdn”)”
Go DOWN one more line “106.94” and look to the LEFT for the Country.
That reads: “$1.00 US Dollar will Exchange for 106.94 Japanese YEN”
Go DOWN one more line “13.205” and look to the LEFT for the Country.
That reads: “$1.00 US Dollar will Exchange for 13.205 Mexican Pesos (“MXN)”
Go DOWN one more line “0.93570” and look to the LEFT for the Country.
That reads: “$1.00 US Dollar will Exchange for .93570 Swiss Franc (“SFranc”)
Go DOWN one more line “0.61610” and look to the LEFT for the Country.
That reads: “$1.00 US Dollar will Exchange for £.61610 Pence (“Pounds”)
Go DOWN one more line “0.77381” and look to the LEFT for the Country.
That reads: “$1.00 US Dollar will Exchange for €.77381 Euro Cents (“Euros”)
START OVER one column to the RIGHT with the EURO.
Use the SAME methodology BUT change the sentence to:
€1.00 Euro exchanges for $1.4275 CDN.
START OVER one column to the RIGHT with the EURO.
Use the SAME methodology BUT change the sentence to:
€1.00 Euro exchanges for 138.19 YEN.
It works the SAME way with the rest of the currencies across the top, moving LEFT to RIGHT.
REMEMBER: When you determine the exchange rate of one currency in terms of the other, say
DOLLARS to EUROS, then you easily find the RECIPROCAL: EUROS to DOLLARS.
How do I find that on the CHART?
In the DOLLAR column I go down to find how manyEUROS I can get for a Dollar (€.77381).
In the EURO column I go down to find how manyDOLLARS I can get for a EURO ($1.2923).
In the EURO column I go down to find how manyMexican Pesos I can get for a EURO (17.064).
In the MXN Peso column I go down to find how manyEUROS I can get for a MXN PESO (.05860).
How about PESOS to One EURO and One PESO to EUROS?
NOW YOU TRY IT!
Should be EASY now!
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