What was exchange rate between french francs and us dollars

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Reference no: EM131449981

Gilded Question. Before World War 1, $20.59 was needed to buy one ounce of gold. If, at the same time, one ounce of gold could be purchased in France for FF412.86, what was the exchange rate between French francs and U.S. dollars?

The implied French franc/US dollar exchange rate is FF___/$ (Round to two decimal places)

Reference no: EM131449981

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