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Dear Zehn, your maths is all wrong!example for you;oil price $75...

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  1. 260 Posts.
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    Dear Zehn, your maths is all wrong!

    example for you;

    oil price $75 usd: aud/ usd .77 per your example above. To get to the correct answer $75/.77=97.4. To put it in simple terms; one US dollar is worth more than an Aussie dollar currently. If I had a $100 Australian dollars I would only get $77 US dollars. If it was the other way around and I had $100 US dollars, I would get $130 Australian dollars. 

    Hope me it makes sense 
 
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