A canadian citizen is moving to mexico and is taking c7 250, Finance Basics

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A canadian citizen is moving to mexico and is taking c7 250

Question: A Canadian citizen is moving to Mexico and is taking C$7, 250 to convert into Mexican pesos. However, there is no direct quote between the Canadian dollar and the Mexico peso. Instead, he finds the following exchange rates. C$1.3273/$ and 21.5002 MXP/S.

What is the MXP/CS cross rate?

How many pesos will the Canadian citizen have after converting from Canadian dollars?

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Finance Basics: A canadian citizen is moving to mexico and is taking c7 250

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Finance Basics: A canadian citizen is moving to mexico and is taking c7 250

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