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Furkat [3]
2 years ago
9

Suppose that on may 21, 2019, a marble statue handmade in canada is priced at cad 1,700. the approximate u.s. dollar price of th

e statue would be:________ .
Social Studies
1 answer:
Eva8 [605]2 years ago
4 0

The approximate u.s. dollar price of the statue would be 622.2 USD.

USD Coin is managed by way of a consortium referred to as Centre, which was based by means of Circle and consists of members from the cryptocurrency alternate Coinbase and Bitcoin mining organization Bitmain, an investor in Circle. USDC is issued through a non-public entity and must now not be confused with a significant financial institution digital foreign money.

The U.S. dollar has been shifting extensively better in view that may additionally as the united states financial recuperation ramps up and as the Federal Reserve started out to rein in assist for the financial system. according to analysts at ING the united states dollar ought to retain to upward push within the coming year.

The dollar's energy has to do at the least in element with the us Federal Reserve, which has moved faster than other relevant banks in elevating rates to tame inflation. In flip, this has attracted more traders to the dollar, specially compared to the euro.

1 BRL = 0.3666 USD

price of marble statue handmade in canada on may 21,2019 = 1,700 BRL

1700 CAD = 1700 * 0.366 USD

               = 622.2 USD

Thus, teh price of book cover is  = 622.2 USD

Learn more about US dollar here:- brainly.com/question/24278371

#SPJ4

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