![SOLVED: If the direct exchange rate of the euro is 1.25, what is the euro's indirect exchange rate? That is, what is the value of a dollar in euros? SOLVED: If the direct exchange rate of the euro is 1.25, what is the euro's indirect exchange rate? That is, what is the value of a dollar in euros?](https://cdn.numerade.com/previews/c2c5accd-c075-4b94-9089-c4f8ffa8f964_large.jpg)
SOLVED: If the direct exchange rate of the euro is 1.25, what is the euro's indirect exchange rate? That is, what is the value of a dollar in euros?
![Detail of a New 1000 Norwegian Krone Banknote Reverse Stock Image - Image of business, bill: 180708459 Detail of a New 1000 Norwegian Krone Banknote Reverse Stock Image - Image of business, bill: 180708459](https://thumbs.dreamstime.com/z/detail-new-norwegian-krone-banknote-reverse-180708459.jpg)
Detail of a New 1000 Norwegian Krone Banknote Reverse Stock Image - Image of business, bill: 180708459
![jeroen blokland on Twitter: "The @TheEconomist 2020 #BigMac index shows, based on purchasing-power theory, that all #currencies are undervalued against the US dollar except the Swiss franc and the Norwegian krone! (#USD # jeroen blokland on Twitter: "The @TheEconomist 2020 #BigMac index shows, based on purchasing-power theory, that all #currencies are undervalued against the US dollar except the Swiss franc and the Norwegian krone! (#USD #](https://pbs.twimg.com/media/EOtS-E2UwAAsUse.png:large)
jeroen blokland on Twitter: "The @TheEconomist 2020 #BigMac index shows, based on purchasing-power theory, that all #currencies are undervalued against the US dollar except the Swiss franc and the Norwegian krone! (#USD #
![Norwegian Krone. Money of Norway. Closeup Photo. Oslo. NOK Stock Photo - Image of currency, european: 160315510 Norwegian Krone. Money of Norway. Closeup Photo. Oslo. NOK Stock Photo - Image of currency, european: 160315510](https://thumbs.dreamstime.com/z/norwegian-krone-money-norway-closeup-photo-oslo-nok-currency-business-background-160315510.jpg)
Norwegian Krone. Money of Norway. Closeup Photo. Oslo. NOK Stock Photo - Image of currency, european: 160315510
![Currency exchange icons. Money line signs. US dollar, UK pound sterling, euro, japanese yen, swiss franc, turkish lira, norwegian krone, swedish krona, florin, polish zloty in circles. Outline logo. Stock Vector Currency exchange icons. Money line signs. US dollar, UK pound sterling, euro, japanese yen, swiss franc, turkish lira, norwegian krone, swedish krona, florin, polish zloty in circles. Outline logo. Stock Vector](https://as1.ftcdn.net/v2/jpg/02/30/57/84/1000_F_230578453_T4oXSeRTe9HlHBQB7oY9OnrTtgXWSLjm.jpg)