Ross et al.: Fundamentals
of Corporate Finance, Sixth
Edition, Alternate Edition
VIII. Topics in Corporate
Finance
- International Corporate
Finance
(^778) © The McGraw−Hill
Companies, 2002
752 PART EIGHT Topics in Corporate Finance
TABLE 22.1
International Currency
Symbols
Country Currency Symbol
Australia Dollar A$
Austria Schilling Sch
Belgium Franc BF
Canada Dollar Can$
Denmark Krone DKr
EMU Euro €
Finland Markka FM
France Franc FF
Germany Deutsche mark DM
Greece Drachma Dr
India Rupee Rs
Iran Rial Rl
Italy Lira Lit
Japan Yen ¥
Kuwait Dinar KD
Mexico Peso Ps
Netherlands Guilder FL
Norway Krone NKr
Saudi Arabia Riyal SR
Singapore Dollar S$
South Africa Rand R
Spain Peseta Pta
Sweden Krona SKr
Switzerland Franc SF
United Kingdom Pound £
United States Dollar $
You just returned from your dream vacation toJamaica and
feel rich since you have 10,000 Jamaican dollars left over. You now need
to convert this to U.S. dollars. How much will you have? You can look up
the current exchange rate and do the conversion yourself, or simply work the
Web. We went to http://www.xe.comand used the currency converter on the site to find
out. This is what we found.
Looks like you left Jamaica just before you ran out of money.
xe.com Universal Currency Converter“ Results
Live Rates as of 2001.09.09 21:30:56 GMT.
10,000.00 JMD
Jamaica Dollars^ =^
219.539USD
United States Dollars
1 JMD = 0.0219539 USD 1 USD = 45.5500 JMD
Another Conversion? | NEW: XE.com Wireless!
Work the Web
Second in importance only
to the U.S. dollar is the
euro. The Federal Reserve
Bank of Chicago provides
several euro-related links
on their “Euro Resource
Page” at
http://www.chicagofed.org/
consumerinformation.