USD/EUR = 0.7674
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.
The foreign exchange rate helps determine the value of money. When the exchange rate is high, then the currency is less valuable.
an exchange rate is how much country's currency is worth in term of anothers.
In forward exchange rate, the rate is booked in advance for a fixed amount and period,which will remain unchanged in case of any market fluctuation or deceleration.In fact forward exchange rate booking is done to protect or guard against volatile market condition. In spot exchange rate, the exchange rate prevalent on a particular date is booked for immediate effect.
Crawling peg is a compromise between fixed & flexible exchange rate.
France uses the Euro as its currency, look at the Euro exchange rate with whatever currency you are trying to exchange.
In France the Euro is used. Its exchange rate per 1 US dollar is 0.68 Euros
France uses the Euro. 1 USD = 0.773485 EUR
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The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.
The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.
The Exchange Rate is 6594.232$.
unfavourable exchange rate movement
Floating 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.
The French franc is no longer in use. It was replaced by the Euro on January 1, 1999. The current exchange rate is 1 Euro to 1.35 US Dollars.
what are the causes of fluctuations in the exchange rate