what is the brazilian reais/ guatemalan quetzal cross rate? course hero

by Wellington Greenholt III 4 min read

Preview text

Warning: TT: undefined function: 32 Assumptions Value US dollar funds for expenses in Rio de Janeiro $15,000.

Rio Games and the Brazilian Real

Ryan Lock had planned his trip to the Olympic Games in Rio de Janeiro, Brazil, for many months. He had budgeted – saved – $15,000 for expenses while in Rio. But he had postponed exchanging the dollars for Brazilian currency – real (BRL) – until the very last minute, doing it in the airport in the United States at BRL 3 = 1 USD.

Peso, Dollar, Yen & Pokémon-Go

Crystal Gomez, who lives in Mexico City, bought 100 Pokécoins for 17 Mexican pesos (Ps or MXN). Nintendo of Japan, one of the part owners of Pokémon-Go, will need to convert the Mexican pesos (Ps or MXN) into is home currency, the Japanese yen, in order to record the financial proceeds.

Isaac Díez of Brazil

Isaac Díez Peris lives in Rio de Janeiro, Brazil. While attending school in Spain he meets Juan Carlos Cordero from Guatemala. Over the summer holiday Isaac decides to visit Juan Carlos in Guatemala City for a couple of weeks. Isaac's parents give him some spending money, 4,500 Brazilian reais.

Munich to Moscow

On your post-graduation celebratory trip you decide to travel from Munich, Germany to Moscow, Russia. You leave Munich with 15,000 euros (EUR) in your wallet. Wanting to exchange all of these for Russian rubles (RUB), you obtain the following quotes: