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What best explains the difference between a fixed currency and a floating currency?
Wiki User
∙ 10y ago
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.
Wiki User
∙ 10y ago
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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.
What is the difference between a floating and a pegged exchange rate?
pegged exchange rate is officially fixed in terms of gold or any other currency in foreign exchange. Floating exchange rate is flexible rate in which value of currency is allowed to adjust freely determined by the supply & demand of foreign exchange
What is the difference between currency swaps and cross currency swaps?
http://en.wikipedia.org/wiki/Currency_swap
What is the difference between yen and yuan Chinese currency?
Yen is the Japanese currency whereas yuan is the currency used in China.
Differences between currency depreciation and apreciation?
Devaluation and depreciation are often interchangeable, although there is a subtle difference. Devaluation refers to changing the value of a currency in a fixed exchange rate, while depreciation is decreasing the value in a floating exchange rate.
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.
What is the difference between a floating and a pegged exchange rate?
pegged exchange rate is officially fixed in terms of gold or any other currency in foreign exchange. Floating exchange rate is flexible rate in which value of currency is allowed to adjust freely determined by the supply & demand of foreign exchange
Difference between a floating charge and a fixed charge?
fixed and floating charge
What is the difference between currency future and currency option?
The difference between a currency future and a currency option is the option is the amount paid is all that is at risk and with future you could lose a lot more.
What is the difference between market and floating market?
a floating market floats but an market dont float
What is the Difference between a normal paper and currency paper?
the main difference between currency paper and normal paper is that the currency paper is made up of cotton fibres and the normal paper is obtainde from trees
What is the difference between currency paper and a normal paper?
the main difference between currency paper and normal paper is that the currency paper is made up of cotton fibres and the normal paper is obtainde from trees
Is what is the difference between pound and dollar?
Pounds is the currency of England and dollars is the currency of America
What is the difference between an floating object and a inline object?
A floating object can be moved independently of the surrounding text characters.
What is the difference between an inline object and a floating object?
A floating object can be moved independently of the surrounding text characters.
What is the difference between elevating and levitating?
elevating is to lifting as levitating as to floating
What is the difference between an inline graphic and a floating graphic?
inline is picture staying still and floating graphic is moving around
