It's determined by the global currency exchange market, which takes into account factors like GDP, unemployment, inflation, and the like.
Foreign exchange rates are currency exchange value of other countries.
Currently exchange rates are determined by laws of supply and demand.
Exchange rates fluctuate. See the link below for present exchange rates.
As we all know, the US currency is at a low. The Hong Kong Dollar, the Mexico Peso, and the Norwegian Krone seem to have good exchange rates at this time. However, exchange rates change daily.
The beginner level:Exchange rates are set by market forces. The currency is "traded" in a global market place.Its value is set by how badly people want a certain currencyThis can be effected by interest rates in each country, government and personal debt levels in each countryAnd of course whether other countries and business will accept the currency for payment of debt.Finally there are Currencies that are pegged or locked to the value of gold or another currency by that countries law. This brings in a black market exchange of this currency that can make gangsters good money.Please see: How do exchange rates work?Thanks.
Foreign exchange rates are currency exchange value of other countries.
If you are dealing with overseas currency it is necessary to know exchange rates. The exchange rates vary from day to day. exchange rates compare how much a certain country's currency is worth against another countries.
American express exchange rates can change from time to time. It is recommended that one contact American Express directly for the current exchange rates offered.
They tried to immediately find a new set of exchange rates after Bretton Woods failed- it didn't relieve it much. They used a free-floating regime which is a very mixed bag of floating and fixed exchange rates.
Foreign exchange markets
One can view the latest exchange rates at a number of places. A few places to find exchange rates are at XE, OANDA, CNN, Currencies Direct. Commonwealth Bank offers the service posting the latest exchange rates as well.
Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.
Currently exchange rates are determined by laws of supply and demand.
One can find current exchange rates for USD to Rupee online from sites such as Dollar2rupee, X-Rates, Xe, Exchange Rates, Money.cnn, Oanda and Finance.yahoo.
There are many places on the web where a tourist could find information on exchange rates. One looking for more information on exchange rates could look at sources such as X-Rates, CurrencyConverter, XE, and Yahoo Finance.
The exchange rate for the pound can be found on sites like Exchange Rates, X-rates, Coinmill, Fx-rate, and The Money Converter. There are also apps that can be installed on a smartphone for exchange rates of many currencies.
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