How much JPY could she get for 100 USD if the exchange rate (USD/JPY) is 0.9333? The current value of the euro is $1.17 American dollars and the price of one liter of gas in France is 1.42 euros. What is the price of one ga...
Lunch– 4-5 euros ($4.40 – $5.50 USD) – Lunch in the small towns along the Camino is usually cold, as the restaurant kitchens don’t start preparing hot food until later in the day. Typical offerings include: abocadillo(a baguette sandwich stuffed with chorizo, ham, or cheese),torti...
The treasury has a good idea of how much money it is going to get in during the year through taxes and tariffs. However, that money doesn’t flow in at a regular pace. The GKOs act as bridge between the regular expenditure of the government and the irregular pace of its income. There...
You can pay in USD, Euros or (only at the Foreigner's Reservation Office in Cairo) by credit card. I recommend carrying crisp clean USD or Euro notes. Egyptian Pounds might be accepted, but usually not. It may depend who you talk to! You're given a hand-written receipt with car & ...
For example, Bali is a very cheap destination but, if you stayed in the $1,000 USD resorts, it would be, like he said, “hella expensive” too. But there’s a middle ground here in Greece. In this post, I am going to break down how much I spent on my recent trip and what I...
ForEuropeanand Mediterranean Disney cruises, USD paper currency or American Express Travelers Cheques in USD are the preferred currency choices in ports for foreign currency exchange in local currency or euros. Major credit cards with embedded chips (especially Mastercard and Visa) are accepted by mos...
For example, in 2018, the Louvre wanted to acquire theBook of Hours of King François I, a beautiful 16th century illuminated manuscript set in gold with encrusted jewels. But the book cost approximately 10 million euros, about twice the annual new acquisitions budget for the Louvre that year...
What better place to start our treasure hunt other than the most impressive treasury in the world?Transformed from a 13th century fortress into a gigantic palace,The Louvre Museum is so big and has so much to see that if you spend just 30 seconds on every artifact there, you’d need more...
A common reason to employ a currency swap is to secure cheaper debt. For example, say that European Company A borrows $120 million from U.S. Company B. Concurrently, U.S Company A borrows 100 million euros from European Company A. The exchange between them is based on a $1.2 spot rate...
In a swap between euros and dollars, a party with an initial obligation to pay a fixed interest rate on a loan in euros can exchange that for a fixed interest rate in dollars or a floating rate in dollars. Alternatively, a party whose euro loan is at a floating interest rate can exchan...