The chart below shows an exchange rate table.

\begin{tabular}{|c|c|}
\hline
Currency & \begin{tabular}{c}
Exchange Rate \\
April 3, 2013 \\
(Euro =1)
\end{tabular} \\
\hline
Bulgarian lev & 1.96 \\
\hline
Canadian dollar & 1.301 \\
\hline
Swiss franc & 1.2149 \\
\hline
British pound & 0.8482 \\
\hline
Japanese yen & 119.4065 \\
\hline
US dollar & 1.2839 \\
\hline
\end{tabular}

In this table, the reference currency is the

A. US dollar
B. Swiss franc
C. Japanese yen
D. euro



Answer :

To determine the reference currency in the given exchange rate table, let's analyze how the exchange rates are presented. The exchange rates provided in the table are as follows:

- Bulgarian lev: 1.96
- Canadian dollar: 1.301
- Swiss franc: 1.2149
- British pound: 0.8482
- Japanese yen: 119.4065
- US dollar: 1.2839

Each value in the table represents the amount of the listed currency equivalent to 1 unit of the reference currency. This means the exchange rates express the value of each currency in relation to one unit of the reference currency.

For example:
- 1 Euro = 1.96 Bulgarian lev
- 1 Euro = 1.301 Canadian dollar
- 1 Euro = 1.2149 Swiss franc
- 1 Euro = 0.8482 British pound
- 1 Euro = 119.4065 Japanese yen
- 1 Euro = 1.2839 US dollar

Each conversion rate is defined with respect to one unit of a particular reference currency. According to the provided information, all values are referenced to 1 Euro. Thus, the reference currency in the table is the euro.