Introduction to Corporate Finance

Ross et al.: Fundamentals

of Corporate Finance, Sixth

Edition, Alternate Edition

VIII. Topics in Corporate

Finance

22. 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.