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lilavasa [31]
1 year ago
14

The above charts show the exchange rates between the US dollar and two other currencies in 2008. During the months shown, the nu

mber of Mexican pesos (MXN) in one dollar rose (from 10.2 to 13.1). The number of British pounds (£) in one dollar also rose (from .51 to .65). Based on the charts, did the value of the US dollar increase or decrease during these months?

Social Studies
2 answers:
melamori03 [73]1 year ago
6 0

Answer:

During these five months, the US dollar’s exchange value increased. In the first month, July, if a person had one US dollar, they would be able to trade it for 10.2 pesos or .51 pounds. By November, this amount grew to 13.1 pesos or .65 pounds. This means that the US dollar grew more valuable during these months.

Explanation: Exact answer from Edge.

5 stars

lana66690 [7]1 year ago
5 0

Answer:

The value of the US dollar decreased during these months.

Explanation:

I just took the quiz

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