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cellison:
Suppose you visit Mexico and you want to estimate the cost of a jacket in U.S. dollars. The jacket costs 1,258 pesos. The exchange rate is $0.117 = 1 peso or 8.54 pesos = $1. The 1,258-peso jacket is worth $147.19. When you shop, you can estimate the price in dollars by either multiplying or dividing.
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