DETERMINATION OF RATE OF EXCHANGE, SMART ZOMBI'S.

DETERMINATION OF RATE OF EXCHANGE.
The rate of exchange is the ratio at which one country's currency can be exchanged for another.

If one American dollar can buy Pakistan's fifty rupees, the rate of exchange for a dollar and a rupee would be



1 US $ = Pak Rs. 70
1 PAK Re. = $ 0.014 (i.e. less than 1.5cents).