0
What else can I help you with?
What is the difference between a fixed currency and a floating currency?
A fixed currency is used in countries where the value of the money is closely tied to the value of gold, or the value of another country's currency. A floating currency is one that changes depending on the state of the market, i. e. supply and demand.
Why is there a difference in currency value between different countries?
Because the value of each currency is based on their economic strength. Currency is traded between countries - and one currency may be in more demand (increasing its value) than another.
What is the meaning of parity value in foreign exchange?
In a pegged/fixed exchange rate system the value of currency is fixed in terms of gold or the value of other currency.This value is the parity value of the currency
What currency is used in the Caribbean?
There are many different Islands, and different countries, currency varies from Island to Island, but the U.S. dollar has value there and can easily be exchanged.
Which 20 countries has highest value for it's currency?
20 countries has highest value for it's currency
How many countries use pesos as a national currency?
There a few countries that use "pesos" but they're all of different value.
What is the type of currency exchange rate system in which values stay constant?
A currency whose value is fixed either to the value of another currency, or to the value of gold, is called a "pegged currency"
Why currency value of different country is different?
The values of currencies are based on that country's economic strength. Goods do not have the same value across multiple countries.
Currency differences in north and south?
Money is the same in both the North and the South. In different countries the money value is different.
What way would cash flows differ in different countries?
The cash flow is different in different countries because of the econmoy. Depending the value of the currency some countries would greater cash flow compare to poor countries.
Countries with the lowest currency value?
Vietnamese Dong
How do the currency exchange rates of different countries compare to each other?
Currency exchange rates of different countries are compared by looking at how much one country's currency is worth in relation to another country's currency. This comparison helps determine the value of one currency in terms of another and can fluctuate based on various factors such as economic conditions, interest rates, and geopolitical events.
