A weaker pound, translating to fewer dollars per £1, would increase the total cost of Andy's holiday. His expenses in Canadian dollars for flights, hotel, and wifi would be higher when converted back to pounds at a less favorable exchange rate.
A weaker pound, implying fewer dollars per £1, would increase the total cost of Andy's holiday. His expenses in Canadian dollars for flights, hotel, and wifi, when converted back to pounds at a less favorable exchange rate, would be higher.
The £1500 spent on flights, $196 per night for 14 hotel nights, and $5 per day for 12 days of wifi would all translate into a greater pound equivalent, leading to an overall higher cost in pounds for Andy's holiday. Exchange rate fluctuations significantly impact the affordability of international expenditures and can influence travel budget planning.
The complete question is:
Andy went on holiday to Canada.
His flights cost a total of £1500
Andy stayed for 14 nights.
His hotel room cost $196 per night.
Andy used wifi for 12 days.
Wifi cost $5 per day.
The exchange rate was $1.90 to £1
If there were fewer dollars to £1, what effect would this have on the total cost, in pounds, of Andy’s holiday?