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Course: AP®︎/College Macroeconomics > Unit 6

Lesson 2: Exchange rates
Economics
AP®︎/College Macroeconomics
Open economy: international trade and finance
Exchange rates
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Exchange rates

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Problem

The exchange rates for 3 currencies are given in the table below.
Currency being exchangedCost of currency being exchanged in Thai baht (THB)Cost of currency being exchanged in Danish krone (DKK)Cost of currency being exchanged in Ghana cedi (GHS)
Thai baht (THB)10.20.125
Danish krone (DKK)510.625
Ghana cedi (GHS)81.61
Which of the following is an exchange rate for the baht?
Choose 1 answer: