Chapter 8 Money and finance

Currency conversions

1. How many US dollars can be bought for 100 000 MMK?
   $\displaystyle100 000MMK = 100 000 MMK\times \frac{1US\$}{1350MMK} =US 74.07\$$
   
   
2. Convert 350 Australian dollars to Myanmar Kyat if 1 AUD=0.74348 US$

$\displaystyle350AUD = 350 AUD \times \frac{0.74348US\$}{1AUD}\times \frac{1350MMK}{1US\$}=351294.30MMK$