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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.
Adios for now,
Daniel Hallas
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