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forward exchange rate can be computed from spot exchange by adding or subtracting premium ir discount. also forward rate can be at forward premiun of discount when comapred to spot exchange rate.
Google has a currency exchange rate calculator as well as xe, x-rates, and Go Currency. Alternatively there are currency exchange rate calculators located at malls where you can exchange one currency for another.
it is subject to changes in interest rates.
The tax rate increases as income increases.
Insurance value x Exchange Rate(USD)xexcess value(0.7/1000)+sales tax(10.3%)=Premium
Floating Exchange Rate
floating
In a floating exchange rate system, the rates keep on changing according to the economic conditions. The rates of the currencies are never fixed.
Fiscal and monetary policies under managed floating exchange rate regimes?
pegged exchange rate is officially fixed in terms of gold or any other currency in foreign exchange. Floating exchange rate is flexible rate in which value of currency is allowed to adjust freely determined by the supply & demand of foreign exchange
Pegged currency ^For me on apex 2022 :)
fixed rate
The exchange rate for that currency changes depending on the operations of the free market
When the dollar is under a flexible exchange rate regime
The foreign exchange rate is also known as the exchange rate. This is defined as the difference between two currencies.
The great atraction of a floating exchange rate is that in theory it provides a kind of automatic mechanism for keeping the balance of payment in equilibrium.
The exchange rate for that currency changes depending on the operations of the free market