Subjects finance

Usd To Eur

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Usd To Eur


1. **State the problem:** A South African exchanges 525 USD into South African rand (ZAR), then uses the rand to buy euros (EUR). We need to find how many euros he can purchase. 2. **Convert USD to ZAR:** From the table, 1 USD = 17.3611 ZAR. So, 525 USD = $$525 \times 17.3611 = 9103.5775$$ ZAR. 3. **Convert ZAR to EUR:** From the table, 1 ZAR = 0.049 EUR. So, 9103.5775 ZAR = $$9103.5775 \times 0.049 = 445.0753$$ EUR. 4. **Final answer:** The South African can purchase approximately **445.08 euros** after exchanging 525 USD to rand and then to euros.