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 `1:0.09121` on 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 `1:1.2936` on 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.

##### Exercises

For the following exercises, use the exchange rates obtained from Finance.Yahoo.com.

1. A `\$10 pizza` would cost `_______ MNX`.

2. A `\$10 pizza` would cost `_______ Euro`.

3. `[skip this exercise--to be completed]` On 11 January 2007, one MNX was worth `0.07005 EUR` and `0.0913 USD`, respectively. In other words, one MNX buys more USD than it does EUR. Converting MNX to USD... 1 MNX becomes 0.07005 EUR and 0.07005 EUR becomes 0.0906 USD.

Creator: Gerald D. Thurman [gthurman@gmail.com]
Created: 10 January 2007