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What do you call it when you compare a value of one country's currency to another?
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If the world uses one currency which countrys currency will be the dominant currency or will a completely new currency be invented?
Most certainly the Euro will be the most dominant. Maybe a new currency, but the Euro has the most value.
Drop in value of a currency pegged to gold or another currency?
Devaluation
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"
What is use to determine the value of one currency against another?
The currency market.
What is the currency exchange rate in Venezuela?
There is no way to determine one currency's exchange rate. To find out what is the value of one currncy it has to be compare to another currency. For example, you can check what is the exchange rate of the Venezuela currency (VEF) in comparison the US Dollar (USD). Currently the USD/VEF is worth 4.2945
What is the value of 1 eruo?
It has a value of one Euro. If you need to compare it to another currency then see the link below.
If the world uses one currency which countrys currency will be the dominant currency or will a completely new currency be invented?
Most certainly the Euro will be the most dominant. Maybe a new currency, but the Euro has the most value.
How does their currency compare to the us dollar?
value
Compare the value of the currency of Germany to the US?
the currencey is about the same
What is the currency exchange for Indian currency?
There is no way to determine one currency's exchange rate. To find out what is the value of one currncy it has to be compare to another currency. For example, you can check what is the exchange rate of the Indian currency (INR) in comparison the US Dollar (USD). Currently the USD/INR is worth 55.5
Drop in value of a currency pegged to gold or another currency?
Devaluation
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"
What is use to determine the value of one currency against another?
The currency market.
What is the currency exchange rate in Venezuela?
There is no way to determine one currency's exchange rate. To find out what is the value of one currncy it has to be compare to another currency. For example, you can check what is the exchange rate of the Venezuela currency (VEF) in comparison the US Dollar (USD). Currently the USD/VEF is worth 4.2945
Compare the value of the currency of Mexico to the U.S?
what is the currency of the mexico money to the U.S.A
How does a currency appreciate?
An increase in the value of one currency relative to another currency. Appreciation occurs when, because of a change in exchange rates; a unit of one currency buys more units of another currency.
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.
