When discussing currency exchange, how many NZD can you purchase with 100 AUD?

To determine how many New Zealand Dollars (NZD) can be purchased with 100 Australian Dollars (AUD), it is essential to utilize the current exchange rate between AUD and NZD.

When the exchange rate indicates that 1 AUD is worth a certain amount in NZD, the conversion can be straightforwardly carried out by multiplying the amount of AUD by the exchange rate. For instance, if the exchange rate is approximately 1 AUD = 1.0789 NZD, then by multiplying 100 AUD by this rate, you get:

100 AUD * 1.0789 NZD/AUD = 107.89 NZD.

This calculation reveals that 100 AUD would convert to approximately 107.89 NZD, which aligns with the answer provided. This understanding is integral in currency exchange discussions, as it emphasizes the importance of having current and accurate exchange rate information to perform conversions effectively.