In a bustling city of India, there was a young entrepreneur named Ravi. He had a small business selling homemade chocolates. One day, he received an order from a client in Poland. The client wanted to pay in Polish Zloty (PLN).
Ravi was excited about the new order, but he was also curious about the exchange rate. He knew that he had to convert 1 Zloty to Indian Rupees (INR) to understand the total amount he would receive.
After some research, Ravi found out that the current exchange rate was 4.5 INR for 1 PLN. He quickly calculated that 1 Zloty would be equivalent to 4.5 INR.
With this information, Ravi was able to confirm the order and ensure that he would receive the correct amount in INR.
This story shows how exchange rates can affect international trade and how important it is for businesses to stay informed about currency conversions. |