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An exchange rate if the value of currency of one country compared to that of Another Country. For example, it would be the value of a US Dollar measured by the value of Mexican Pesos.
1 US$ = 0.7498 EURO Value changes as per the Forex rates.
1 dollar = 13.9850 pesos
At the time of writing (01:53 GMT on 29/122011) 1.00 US = 13.99 Mexican Pesos or 1.00 Peso = 0.07 US Dollars
30 Rupees!
An exchange rate if the value of currency of one country compared to that of Another Country. For example, it would be the value of a US Dollar measured by the value of Mexican Pesos.
$0.33-$0.50
Value compared to what? The Pound, the Euro, the American Dollar...
An exchange rate if the value of currency of one country compared to that of Another Country. For example, it would be the value of a US Dollar measured by the value of Mexican Pesos.
1 US$ = 0.7498 EURO Value changes as per the Forex rates.
1 dollar = 13.9850 pesos
The value is similar, with the American dollar usually being slightly stronger.
The Rupee is calculated by the price raises of the Indian Rupee compared to the American Dollar. This is then calculated with a formula, giving the rate.
One Mexican peso is equal to 0.07 United States dollars. It takes 13.12 Mexican pesos to equal one US dollar.
Let's assume the currency exchange of the US dollar to Mexican pesos is valued at 1 dollar = 5 pesos. Then, let's say an American car costs 100 dollars. Now, Mexican buyers will purchase such car in Mexican pesos. So, the cost of the car must be converted to pesos, which according to the currency exchange equals 100 x 5 = 500 Mexican pesos. Now, what happens if the value of the dollar increases to... 1 dollar = 10 pesos? As the car made in the US is still valued in dollars, it will now cost 100 x 10 = 1,000 Mexican pesos. The car almost doubled its price! If you are Mexican, you would have a hard time trying to pay for the same car with such an increase in cost. Therefore, when the dollar value increases relative to the peso, American exports suffer as fewer Mexican people and companies are able to purchase products and services with the increases in cost.
The value of the American dollar is constantly fluctuating. In Euro the value of one dollar is three-quarters of an euro. In rupees, one dollar is worth 60 rupees.
The average cash value depends to what it is being compared. The Canadian dollar is $0.96 USD. The Euro is $1.30 USD. One Japanese Yen is $0.01 USD. One Mexican Peso is $0.07 USD.