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What is the currency exchange between Myanmar and the United States?
Wiki User
∙ 9y ago
Wiki User
∙ 9y ago1 Myanmar Kyat equals 0.00096 US Dollar as at 19th November, 2014
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What is the currency exchange between canada and the united states?
Currently the Canadian and United States exchange rate varies, currently one Canadian dollar is equal to one dollar and one cent in United States currency.
Where to get best currency exchange for Canadian dollars?
You can find the latest exchange rates between Unites States and Canadian currency on the website OANDA. This site will give you a free, real time conversion rate.
Do you have to exchange currency if you go to Hawaii?
Hawaii is one of the 50 states in the United States of America. United States currency as found on the mainland is the legal tender of Hawaii as well. If you are an American traveling to Hawaii, you therefore do not need to exchange currency.
What is the significance of Myanmar between ASEAN?
Myanmar is part of ASEAN group. Myanmar is interested in the developments in the fellow member states.
What is the NZD exchange rate to the USD?
The currency exchange for New Zealand and the United States fluctuates. The current exchange rate is one New Zealand dollar to roughly eighty cents in United States currency.
What is the currency and exchange rates of New York?
New York is part of the United States of America and the currency and exchange rates applicable to the USA are applicable to NY Currency - US dollar
What money is worth more Guatemala money or Mexican money?
rate of exchange between Guatemalan currency and the dollar
Exchange Rates for Business or Pleasure?
Currency exchange rates fluctuate constantly. The currency exchange market enables one to transfer currency from one country to another. The exchange rate depends on the relative strength of each country's currency. A United States resident traveling to China may convert his United States dollars into Chinese Yuan. Currently, one United States dollar is worth approximately 6 Yuan. Companies also rely on the currency exchange market to conduct business internationally. Banks generally conduct the transaction, either on their own behalf as speculation or on behalf of a client. Nearly ninety percent of currency exchange rates involve the United States dollar. Part of this high percentage is due to the relative strength of the dollar. Part of this percentage is due to the fact that the United States dollar is a "vehicle currency". In many exchanges, one must purchase United States dollars prior to purchasing currency from the country of his choice. For instance, when converting Malaysian currency into South African currency, one first converts the Malaysian currency into United States dollars. Then the United States dollars are exchanged for South African currency. With an average daily turnover measured in trillions of dollars, it pays to monitor the currency exchange rates. Spot trades occur when an individual or company needs to exchange currency immediately. A business traveler who finds himself with an unexpected side trip to Russia will find himself at the nearest bank exchanging his present currency for rubles. When leaving a country, many visitors exchange their vacation currency back into their native currency at the airport. Forward trades occur when an individual or a company contracts to exchange currency at some point in the future. In this transaction, the individual is betting that the exchange rates will be more favorable at the time of the scheduled transaction. This strategy requires a through knowledge of exchange rates, historical trends, and financial forecasting. Options are forward trades without the contract. Each party enters into an agreement to buy or sell a foreign currency at some point in the future. However, if the exchange rates are unfavorable for either party, the exchange does not occur. Again, one should be well versed in currencies, exchange rates, and financial forecasting in order to take advantage of foreign exchange options.
What country often buys dollars in the currency exchange markets to support the dollar?
To support the dollar, the United States, through the New York Fed, buys dollars and sells foreign currency in the currency exchange markets. Japan is often relied upon to buy US Dollars on various currency exchange markets.
What is Hawaii's exchange rate?
Hawaii, as a state in the United States, uses the US dollar as its currency.
What is the price of one nations currency in terms of another nations 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.
How do you turn Iraqi currency into American dollars?
Go somewhere that they exchange currency. Another way would be to buy a Big Mac in Iraq, come to the United States and sell it, which you also give you a pretty accurate exchange rate.
