This depends on the exchange rate between the two countries.
Yes, that is correct.
Exchange Rate.
exchange rate
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.
The price of one currency can be measured by another currency, as the total amount of the currency that is equivalent to one unit of the measurement currency. Currencies are often quoted in pairs when measured this way. For example, the exchange rate of the Euro and the US Dollar can be quoted as EURUSD and USDEUR, depending on which currency is being measured (EUR representing the Euro, USD representing the United States Dollar). As an example, the current EURUSD exchange rate is 1.4675. This means that US$1.4675 is equivalent to 1 Euro at the current exchange rate. Likewise, the USDEUR exchange rate is roughly 0.6814 at the time of this answer's creation, as roughly 0.6814 Euros are equivalent to 1 United States Dollar.
Yes, that is correct.
Exchange Rate.
In terms of value it all boils down to supply and demand.
exchange rate
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.
Exchange-rates fluctuate daily. Look for an on-line exchange rate calculator.
The price of one currency can be measured by another currency, as the total amount of the currency that is equivalent to one unit of the measurement currency. Currencies are often quoted in pairs when measured this way. For example, the exchange rate of the Euro and the US Dollar can be quoted as EURUSD and USDEUR, depending on which currency is being measured (EUR representing the Euro, USD representing the United States Dollar). As an example, the current EURUSD exchange rate is 1.4675. This means that US$1.4675 is equivalent to 1 Euro at the current exchange rate. Likewise, the USDEUR exchange rate is roughly 0.6814 at the time of this answer's creation, as roughly 0.6814 Euros are equivalent to 1 United States Dollar.
Foreign currency translation is calculated by multiplying the foreign currency amount by the exchange rate. The exchange rate is the value of one currency in terms of another currency, and it can be obtained from financial markets or from central banks. The resulting product is the translated amount in the reporting currency.
Valuta is the value of one currency expressed in terms of another currency. For example, one U. S. dollar being worth .77 of a euro.
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.
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.
In currency terms, "refer" typically means to either defer or defer judgment on a transaction to another entity or authority for further review or action. This can happen when a transaction is flagged for potential issues or concerns that require additional scrutiny.