Sunday, April 10, 2005

The price of gasoline

Just read that the average price of a gallon of regular gasolin in the US is $2.22. At my local gas station here in Denmark, 1 liter of regular gasoline is 9,34 Danish kroner.
So let’s do the math, assuming that the exchange rate between dollars and Danish kroner is 5,8 and that 1 gallon equals 3.78 liters:

Translated into Danish kroners, the american gasolin price is 3.41 Danish Kroner for one liter of gasoline.

Translated into dollars, the Danish price of gasoline is $ 1.61 pr. Liter, or $ 6.09 pr. Gallon.

No comments: