Georgee8731 Georgee8731
  • 06-04-2018
  • Social Studies
contestada

Which accurately explains what an exchange rate of 1:9 between the european euro and mexican pesos means?

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somia2105
somia2105 somia2105
  • 14-04-2018
An exchange rate of 1:9 between the European Euro and Mexican Pesos means that you can exchange 1 European Euro for 9 Mexican Pesos. 
Exchange rate of 1 European Euro is 9 Mexican Pesos and exchange rate of 1 Mexican Pesos is 1/9  European Euro. 
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leahafarrow
leahafarrow leahafarrow
  • 09-11-2018
it takes only one Euro to buy 9 pesos
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