Exhibit and special banknote to mark 30 years of Czechoslovak currency split
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Exhibit and special banknote to mark 30 years of Czechoslovak currency split
The Czech National Bank is issuing a commemorative CZK 1,000 banknote to mark the 1993 division of Czechoslovakia and its crown.
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You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.2 million Czech koruna today in exchange for a year's supply of frozen shrimp. Your Thai supplier will provide you with the same supply for 3.6 million Thai baht today. If the current competitive market exchange rates are 24.60 koruna per dollar and 34.99 baht per dollar, what is the value of this deal? | Numerade
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