@zachsmelser3381 7 жыл бұрын
Thanks so much for doing this! Very helpful.
@sammerd601 3 жыл бұрын
Isn’t the way of writing the exchange rate wrong. As far as I have learned it a direct quotation from AUD in USD is AUD/USD = 0.8 means that you have to pay 0.8 AUD to get 1 USD. Which would make the example reversed. The AUD is appreciating as you can buy 1 USD with less AUD.
@pasupuletibhavya4199 Жыл бұрын
Yes
@lqvsh_3973 4 жыл бұрын
simple and easy! very helphul thx
@dianen.8906 4 жыл бұрын
Are you sure about this? I would say that the AUD has appreciated against the USD because you need can buy more with less, hence the value of the AUD appreciated gaisnt the USD
@moally55 4 жыл бұрын
Hi. I suspect that you may have misunderstood the uploader. AUD/USD- Fixed/floating- 1/0.8 change to 1/0.5 - basically concentrate on the right side (quote currency). It has reduced in number, i.e. it has appreciated/value increased. Work off the right side. Makes life easier. If right side goes up= depreciation, if it goes down= appreciation. Left side will just be the opposite of the right. Hope this helped :)
@greencyy 6 жыл бұрын
Thx
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