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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.
Exchange rate is depends on the rate of that country currency rates and gold!
Floating exchange rate
The country\'s exchange rate is based on supply and demand for its currency. When a larger amount of currency is in demand, the money exchanges at a higher price.
Foreign Exchange (FX) rate
The exchange rate is the value of one currency in relation to another currency. It determines how much of one currency is needed to purchase a unit of another currency. Exchange rates fluctuate based on market forces, such as supply and demand, economic indicators, and geopolitical events.
an exchange rate is how much country's currency is worth in term of anothers.
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.
Exchange rate is depends on the rate of that country currency rates and gold!
Floating exchange rate
The country\'s exchange rate is based on supply and demand for its currency. When a larger amount of currency is in demand, the money exchanges at a higher price.
Foreign Exchange (FX) rate
The currency exchange rate for the U.S. dollar depends on the worth of currency for each country. Currently the exchange rate of the U.S $1 is equal to .75 Euros. For the British pound it is .66.
It's basically the demand for the currency, which is determined by the economy of a country.
New Zealand is the country that has the currency NZD. The current exchange rate is 1 New Zealand Dollar is equal to 86 US cents. The exchange rate seems to be on the rise.
Exchange-rates fluctuate daily. Look for an on-line exchange rate calculator.
A currency crisis occurs when a country can no longer support the price of its currency in foreign-exchange markets under a fixed-exchange-rate system.