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Topic: Converting pesos to dollars and vs versa
Replies: 6   Last Post: Jul 26, 2005 11:02 PM

 Messages: [ Previous | Next ]
 DanielLee Posts: 10 Registered: 12/6/04
Converting pesos to dollars and vs versa
Posted: Jul 25, 2005 5:29 PM

Hi,

Lets say (for example) that I convert \$1,000 dollars to Mexican pesos
at 11% and end up with \$11,000 pesos.

Now lets say I want to convert \$11,000 pesos to dollars at the same
rate. The way I am doing it now would be to multiply the \$11,000 pesos
x .090 which gives me \$990 dollars, I am missing \$10 dollars.

How do I figure out what the peso to dollar exchange rate is using the
known dollar to peso exchange rate? I want to change pesos to dollars
at the same rate I changed dollars to pesos.

Any Assistance appreciated.

Daniel Hallas

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Date Subject Author
7/25/05 DanielLee
7/26/05 Kevin Karplus
7/26/05 Jim Sprigs
7/26/05 Jeffrey Turner
7/26/05 DanielLee
7/26/05 Darrell
7/26/05 ticbol