Register
On 31st December 2015 the GBP/USD exchange rate was 1.47360. On 31st December 2016 it was 1.23321. Calculate the percentage decrease in the exchange rate. Round your answer to the nearest whole percent.
104,792 views
2 votes
2 votes
On 31st December 2015 the GBP/USD exchange rate was 1.47360. On 31st December 2016 it was 1.23321. Calculate the

percentage decrease in the exchange rate. Round your answer to the nearest whole percent.
nad
bala

User Mohammed Waseem
by
3.1k points

1 Answer

24 votes
24 votes
16%
New/old-1
The pound depreciated 16 percent relative to the dollar
User Uotonyh
by
2.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

Can anybody tell me what’s going on here?
Granola costs $1.76 per pound. Write and solve an equation to determine the number of pounds p of granola that can be purchased with $7.04. The equation is: The value of x is
Evalute 8a -1+0.5b when a =1/4 and b= 10 how dose this work i need help..
PLZ needed now plz URGENT!
HELP PLEASE, I NEED THE ANSWER QUICKLY
Link Copied!