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What is price based on?
supply and demand. if the supply is up, the price is down. if the demand is up, the price goes up. Addition... It is also based on the value of the currency being used to purchase the thing. When the value of the currency goes down, the price goes up.
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.
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"
250000 turk lirasi is this currency hAs value or not?
250000 turk lirasi is this currency hAs value or not?
Value of euro in Indian currency?
value of one euro in indian rupees will be around 56 rupees. Anyways, the current rates may vary based on the market.
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.
How are foreign exchange rates configured?
Foreign exchange rates are often based on a central value or currency. The actual rate will be based on the value of the currency in question against this central value. These values fluctuate from day to day depending on various factors in economics and politics.
What is price based on?
supply and demand. if the supply is up, the price is down. if the demand is up, the price goes up. Addition... It is also based on the value of the currency being used to purchase the thing. When the value of the currency goes down, the price goes up.
What is the U.S. monetary system based on?
The U.S. monetary system is based on credit; and its money supply consists of currency, coins and checkable public deposits in the banking system. Since 1968, the value of the currency is based on its purchasing power in the economy and around the world.
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.
Price is based on what three things?
The current Supply of item, Demand for the item, and Value of the currency used to purchase it.
What are 1955 dinarjev 500 worth?
The value of 1955 Yugoslav dinar varies based on its condition and rarity. However, as the currency is no longer in use, its collector's value may exceed its face value. It would be best to consult a currency dealer or collector for an accurate assessment.
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"
250000 turk lirasi is this currency hAs value or not?
250000 turk lirasi is this currency hAs value or not?
Value of euro in Indian currency?
value of one euro in indian rupees will be around 56 rupees. Anyways, the current rates may vary based on the market.
What is an dollar in English currency?
British Currency is the Pound Sterling. One Pound is systematically equivelent to One Dollar, but the two currencies differ in actual value which is based on current exchange rates.
How currency get value?
Governments issue currency, and if you trust the government, you will trust its currency.
