Exchange rate is depends on the rate of that country currency rates
and gold!
usa = 1.000000 UK = 0.607595
The local economy will be higher raising on inflation and the value of currency of the price will be in intrest rate as decreasing.
Helps the balance.
The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.
The import export business relies on exchange rate. Fluctuations can greatly increase profits, or wipe them out altogether. This is what led to the establishment of the EURO.
usa = 1.000000 UK = 0.607595
Since the exchange rate changes all the time, you better look this up in an online exchange rate calculator (for example, XE).
lower exchange rate,takes longer for gases to diffuse
The local economy will be higher raising on inflation and the value of currency of the price will be in intrest rate as decreasing.
Helps the balance.
As at 06Jul10, GBP1 was worth NRN252
What were the causes of poverty in england during the 1800's?
The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.
The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.
The import export business relies on exchange rate. Fluctuations can greatly increase profits, or wipe them out altogether. This is what led to the establishment of the EURO.
The Exchange Rate is 6594.232$.
unfavourable exchange rate movement