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What is the value of saudia Arabia currency is it higher than UK currency?
Wiki User
∙ 12y ago
At the time of writing - One Saudi Riyal is worth £0.16 or £1.00 is worth 6.04 Riyal.
Wiki User
∙ 12y ago
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What is value of money from Saudi Arabia?
The Saudi Riyal is the currency used in the oil rich kingdom of Saudi Arabia. In July of 2014, the value of the Riyal was worth about one quarter US dollar.
The value of a country's currency is likely to decline as a result of?
Higher Inflation.
What is rate fluctuation?
Exchange rate fluctuation is the change in value of one currency against another currency due to various economic factors. In simple sense, the value of one currency will be appreciated against another if the demand for that particular currency is higher. By John Pradeep & Rajeesh Kunnampuram
What is exchange rate fluctuation?
Exchange rate fluctuation is the change in value of one currency against another currency due to various economic factors. In simple sense, the value of one currency will be appreciated against another if the demand for that particular currency is higher. By John Pradeep & Rajeesh Kunnampuram
How can any currency rise in value?
Currencies are bought and sold on the open market - just like other commodities. The more popular a currency is - the higher the selling price will be.
Value of 1000 lire mille in indian currency?
As of 1992 the lire mille in Indian currency is worth only about fifty cents in U.S. currency. It may be a little higher or lower depending on the exchange rates fluctuating.
What is the type of currency exchange rate system in which values stay constant?
A currency whose value is fixed either to the value of another currency, or to the value of gold, is called a "pegged currency"
How do exchange rate affect businesses?
The local economy will be higher raising on inflation and the value of currency of the price will be in intrest rate as decreasing.
250000 turk lirasi is this currency hAs value or not?
250000 turk lirasi is this currency hAs value or not?
How currency get value?
Governments issue currency, and if you trust the government, you will trust its currency.
What is the difference between a fixed currency and a floating currency?
A fixed currency is used in countries where the value of the money is closely tied to the value of gold, or the value of another country's currency. A floating currency is one that changes depending on the state of the market, i. e. supply and demand.
Why is there a difference in currency value between different countries?
Because the value of each currency is based on their economic strength. Currency is traded between countries - and one currency may be in more demand (increasing its value) than another.
