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The price of one country's currency if you were to buy it with another country's currency is known as the?
Wiki User
∙ 14y ago
Foreign Exchange (FX) rate
Wiki User
∙ 14y ago
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What expresses the price of one's nation's currency in terms of another nation's currency?
exchange rate
Is the exchange rate is the price of one nations currency in terms of another nations currency?
Yes, that is correct.
What are exchangs rates?
Exchange rate is the rate at which one currency is exchanged for another.It is the price of one currency in terms of another currency.
What best explains the difference between a fixed currency and a floating currency?
The price of a floating currency is determined by the currency exchange market while the price of a fixed currency is connected to the price of some other commodity.
Price of one country's currency in terms of another country's currency?
Exchange rate is the term that defines how much of country A's money you could buy with a set amount of country B's money.
What expresses the price of one's nation's currency in terms of another nation's currency?
exchange rate
Is the exchange rate is the price of one nations currency in terms of another nations currency?
Yes, that is correct.
What are exchangs rates?
Exchange rate is the rate at which one currency is exchanged for another.It is the price of one currency in terms of another currency.
What is locational arbitrage?
Locational arbitrage is possible when a bank's buying price (bid price) is higher than another bank's selling price (ask price) for the same currency.
How much is one currency?
There is no price for one currency. Currencies are traded in pairs and the price is for one currency in terms of the other currency.
What best explains the difference between a fixed currency and a floating currency?
The price of a floating currency is determined by the currency exchange market while the price of a fixed currency is connected to the price of some other commodity.
What does currency future trading mean?
A currency future means to trade one currency for another in the future at a price that has been determined on the purchasing date. This is a future contract, not one that occurs right away.
How can currency futures be used by corporation?
The currency futures can be used by a corporation to exchange one currency for another at a specified date in the future at a price that is fixed on the purchase date. It is also called foreign exchange future or FX future.
How much is the price of iPhone 4S in Nigeria?
if you find your countrys price then go on a conversion thn do conversion euros/ puonds/ dollars 2 nigerian cuurncy
What is a securitised derivative?
Instruments that derive their value from another security (the underlying security), such as a share, share price index, currency or bond.
Price of one country's currency in terms of another country's currency?
Exchange rate is the term that defines how much of country A's money you could buy with a set amount of country B's money.
How does exchange foreign trading work?
Foreign exchange trading is the speculation and exchange of foreign currency according to the fluctuation in values. Trading is done via a foreign exchange broker. Currency is purchased at a good price, based on the expectation the value will rise against another currency.
