answersLogoWhite
Economics
Currency Trading
World Currencies
Currency Conversions

How is currency calculated?


Top Answer
User Avatar
Wiki User
2007-11-27 01:08:51
2007-11-27 01:08:51

200000000000000000

Related Questions

User Avatar

Foreign currency is calculated using the average market value of the currency over a 24 hour period and then comparing that value to other currencies. This is why exchange rates can vary from day to day.

User Avatar

Gross domestic product can be calculated in th esingle currency where as GNP may be calculated in different currency

User Avatar

Depending on the Economy level

User Avatar

Currencies exchange rate are not calculated but determined by the market supply and demand. If the demand is higher than the supply the price will go up and vice versa.

User Avatar

The spread is calculated by what the buyer is willing to pay for the currency that is being offered. They look at the difference between the buy and asking prices to determine their worth.


Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.