A pizza place in the Valley of the Sun is allowing customers to pay using pesos. It has become a topic of discussion on many of the AzCentral.com "Plugged In" blogs. This BAB was created due to a posting that contained multiple currency exchange ratios."The Peso is worth about 9 cents currently and one could almost bet that they are accepting them at the money changer rate of about 8.5 cents and making up for the handling. "
According to Finance.Yahoo.com the Mexican Peso to U.S. Dollar Exchange Rate was
1:0.09121on 10 January 2007."The Euro on the other hand is worth about $1.30 and they don't want US dollars over there as they are to the Euro what the peso is to you."
According to Finance.Yahoo.com the Euro to U.S. Dollar Exchange Rate was
1:1.2936on 10 January 2007."One fact though the peso is stronger against the dollar than the dollar against the Euro."
Making sense of this last item is left as an exercise.
Creator: Gerald D. Thurman
Created: 10 January 2007