Asked in France
What is the average exchange rate for 3 days in France?
France uses the Euro as its currency, look at the Euro exchange rate with whatever currency you are trying to exchange. ...
Asked in World Currencies, Italy
What currency is used in italy and what is its exchange rate?
The currency of Italy is the Euro (€). To give an exchange rate, you have to say which currency you want to exchange it to. ...
How do you value Currency?
A currency is value according to its rate of exchange or what buyers are willing to pay for it. There are two methods of exchange in which to do this - the floating exchange rate, and the pegged exchange rate. ...
Asked in Currency Trading
What is a good currency exchange rates calculator?
Google has a currency exchange rate calculator as well as xe, x-rates, and Go Currency. Alternatively there are currency exchange rate calculators located at malls where you can exchange one currency for another. ...
What are foreign exchange and the exchange rate?
Foreign exchange refer to the act of exchanging one country's currency by a different country's currency. The foreign exchange rate represents the price of one currency in relation to another currency. ...
Asked in Investing and Financial Markets, Currency Trading, Currency Conversions, Foreign Exchange (Forex)
What is exchange rate?
EXCHANGE RATE IS THE RATE AT WHICH ONE COUNTRY'S CURRENCY IS CHANGED FOR ANOTHER COUNTRY'S CURRENCY. FOR EXAMPLE THE RATE AT WHICH ONE DOLLAR CAN BE CHANGED FOR POUND STERLING OR ANY OTHER CURRENCY. ...
Asked in Supply and Demand
What is the difference in how the exchange rate reflects the supply and demand for the currency between a flexible-exchange rate system and a fixed-rate exchange system?
flexible-exchange-rate system, the equilibrium exchange rate reflects the supply and demand for the currency. Under a fixed-exchange-rate system, a country's central bank intervenes by buying or selling its currency to keep its foreign-exchange rates ...
Asked in Economics, Unemployment
What best explains what happens to the exchange rate of a floating currency?
The exchange rate for that currency changes depending on the operations of the free market ...
Asked in Investing and Financial Markets
Difference between Spot Exchange Rate and Exchange rate?
An exchange rate, which is also called the foreign-foreign exchange rate, is the rate that currency will be exchanged for another currency and may have a forward contract. The spot exchange rate is the current exchange rate today with immediate delivery and it is also called benchmark rates and outright rates. ...
Asked in Paris
Can you use American money in Paris?
No, the currency in France is the Euro (€). You can exchange US Dollars at any bank. Some large shops and hotels which get a lot of tourists from the USA may accept US dollars. If they do, you will get an inferior exchange rate to that at a bank, and you will get change in Euros. ...
Asked in Interest Rates
What is the relationship between Interest rate parity with exchange rate?
Exchange rate is the rate at which one country's currency is changed for another country's currency. For example the rate at which one dollar can be changed for pound sterling or any other currency. ...
Asked in Economics, Political Science, Sociology
Define exchange rate?
Exchange rate is the conversion of the currency of a country to another currency of a different country. There are several factors that are considered in the status of the exchange rate like the state of the politics and the balance in the economy. ...