Want this question answered?
Overall when exchange rates go up (dollar is weaker) the the dollar buys less, so even though a business may not import directly itself, the strength of the dollar is less and cost of goods will rise. So costs increase, profits decrease...all else remaining the same of course.
Which is the price of dollar today
trade-off means in exchange of one thing in return of another oportunity cost means the cost of alternative that must be forgone in order to pursue a certain action
exchange cost
The cost of 1 dollar in an Indian currency is around 40 rupees.
Assuming the question is about the exchange rate between the UAE Dirham and US Dollar - that would be 36.6 DHS. DHS has a fixed exchange rate with USD. It is 3.66 DHS for 1 USD.
What is a European Union Foreign Exchange Certificate? I am told that money cannot be trasnferred from Credit Suisse without it. Is that true? The cost is $10,000 US
$100-$105 depending on that days currency exchange.
Currency exchange is a business. There may be a charge on top or, the charge may be built in to the calculation. Check here: http://kenyanshilling.blogspot.com/
One Euro is equal to $1.41 (or so, as the exchange rate fluxuates daily) So you would be paying $1.41 USD for a hamburger in Belgium,that you can get for half that price in the US... Europe is expensive....
Average somewhere between 1.10 and 1.20. Safe to say between a dollar and a dollar fifty.
Europe does not use dollars. The currency in Europe is the Euro, and as of today the value of €1.00 is US$1.406
You do not say which countries dollar. In addition currency rates fluctuate daily, see the link below for present exchange rates.
You can exchange these at your local bank. However you can just as easily spend them. Use them in vending machines or transit fareboxes because they work better than paper bills. It also helps the economy because they cost less to produce than paper bills.
Of course I would. If a trip to Mexico costs 15,000 pesos and the original exchange rate was of 1 dollar = 10 pesos, I would have to pay 1,500 dollars for such trip. If the dollar exchange rate decreases relative to the peso (lets say the exchange rate is now 1 dollar = 8 pesos) I would have to pay 1,875 dollars for my trip. This means the devaluation has cost me an additional 375 dollars and I would be saddened by this fact.
Estimated was between 200 and 240 million dollar
Overall when exchange rates go up (dollar is weaker) the the dollar buys less, so even though a business may not import directly itself, the strength of the dollar is less and cost of goods will rise. So costs increase, profits decrease...all else remaining the same of course.