- Locate the "US dollar" row in the table to find the value 1.2839.
- Find the value 119.4065 in the table, which corresponds to "Japanese yen".
- The final answers are \(\boxed{1.2839}\) US dollars and \(\boxed{\text{Japanese yen}}\).
Explanation
- Analyzing Exchange Rates for the US Dollar
We begin by examining the provided exchange rate table for April 3, 2013, which lists the value of 1 euro in various currencies. The table provides the following conversion rates:
- Bulgarian lev: 1.96
- Canadian dollar: 1.301
- Swiss franc: 1.2149
- British pound: 0.8482
- Japanese yen: 119.4065
- US dollar: 1.2839
To determine the cost of 1 euro in US dollars, we locate the "US dollar" row in the table, which gives us the value 1.2839. Therefore, 1 euro costs 1.2839 US dollars.
- Identifying the Currency for 119.4065
Next, we identify the currency associated with the exchange rate value of approximately 119.4065. By inspecting the table, we see that the value 119.4065 corresponds exactly to the "Japanese yen". Thus, 1 euro can be exchanged for approximately 119.4065 Japanese yen. Comparing this to the options provided in the list (Canadian dollars, British pounds, Japanese yen), we confirm the correct currency is Japanese yen.
- Final Conclusion
Based on our analysis of the exchange rate table:
- 1 euro would cost about \(\boxed{1.2839}\) in US dollars.
- 1 euro could be exchanged for 119 \(\boxed{\text{Japanese yen}}\).
Examples
Exchange rates are essential in international finance and travel. For instance, if you are planning a trip from Europe to the United States or Japan, you can use these tables to calculate how much local currency you will receive for your euros. By understanding these rates, you can effectively manage your budget while abroad and make informed decisions about when to exchange your money. For example, knowing that 1 euro is worth 1.2839 US dollars helps in estimating the cost of a dinner or a hotel room in US dollars during your stay.