Question

What is percentage change in exchange rates?

Answer 1

hyy...

☆the percentagediscrepancy, take the difference between the two exchange rates, and divide it by the market exchange rate: 1.12 - 1.0950 = 0.025/1.0950 = 0.023.
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☆Multiply by 100 to get the percentage markup: 0.023 x 100 = 2.23%. A markup will also be present if converting U.S. dollars to Canadian dollars
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hope it helps!!⭐

Answer 2

$\huge\red{Answer}$

To find the percent change in the exchange rate, start with the current exchange rate minus the previous exchange rate, divide thatanswer by the previous exchange rate, and then multiply by 100 to express the change as a percent.

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