0
What represents the value of one nation's currency relative to the currencies of another country?
Wiki User
∙ 13y ago
Exchange Rate
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What represents the value of one nation's currency relative to the currencies of another coutry?
currency rate
What is the currency appreciation?
The rise in value of a currency relative to other currencies and sometimes gold. There are many economic explanations for the movement (or appreciation and depreciation) of currencies relative to one another and to gold.
If consumers from Country X greatly increase their purchases of products from Country Y the value of these two countries currencies relative to one another will change in what way?
Assuming there are no other changes that the one stated, the value of the currency of country X will decline relative to the value of the currency of country Y.
What are the types of pairs and currencies in the Forex market?
What is a currency pair?It is a currency against another currency, forex currencies are available in pairs, you cannot sell or only buy one currency, you must buy or sell a currency in another currency and this is the reason behind trading in Forex in pairs.Example:The currency of the European euro against the currency of the US dollar, in the language of traders these two currencies are called "the euro-dollar pair" and the symbol for this pair is EUR / USDSecond: Forex Types and Pairs:Major CurrenciesMinor CurrenciesCross pairs (crosses)Exotic Pairs
How does any currency appreciate or depreciate?
Three major factors that cause a country's currency to appreciate or depreciate relative to another's * Differences in income growth among nations will cause nations with the highest income growth to demand more imported goods. The heightened demand for imports will increase demand for foreign currencies, appreciating the foreign currencies relative to the domestic currency. * Differences in inflation rates will cause the residents of the country with the highest flation ratet to demand more imported(cheaper) goods. If a country's inflation rate is higher than its trading partners', the demand for the country's currency will be low, and the currency will depreciate. * Differences in real interest rates will cause a flow of capital into these countries with the highest available real rates of the interest. Therefore, there will be an increased demand for those currencies, and they will appreciate relative to the currencies of countries whose available real rate of return is low. By Mujeeb
What represents the value of one nation's currency relative to the currencies of another coutry?
currency rate
What is the currency appreciation?
The rise in value of a currency relative to other currencies and sometimes gold. There are many economic explanations for the movement (or appreciation and depreciation) of currencies relative to one another and to gold.
What is currency appreciation?
The rise in value of a currency relative to other currencies and sometimes gold. There are many economic explanations for the movement (or appreciation and depreciation) of currencies relative to one another and to gold.
If consumers from Country X greatly increase their purchases of products from Country Y the value of these two countries currencies relative to one another will change in what way?
Assuming there are no other changes that the one stated, the value of the currency of country X will decline relative to the value of the currency of country Y.
What is an exchange market?
The Forex market can be thought of as a large exchange booth where currencies are bought and sold against each other. If you know, for example, that the dollar is going to increase in value, you buy dollars right now, wait for the currency to rise in value and then sell your dollars for another currency later at a higher price. This is essentially how things work on the Forex market. The only difference, of course, is that on the Forex market the volumes are much larger. The fact that the price of currencies is in constant fluctuation is what makes earning money on the Forex market possible at all times. Since currencies are priced relative to each other, a loss of value in one currency necessarily entails a gain in another currency. This brings us to the idea of a currency pair, one most important concepts in trading currencies. A currency pair simply represents the price of one currency in terms of another. For example, when it is said that "EURUSD is 1.2505" it means that 1 euro costs 1.2505 dollars. Ref: alpari.com/en/beginner/about_forex/
What are the types of pairs and currencies in the Forex market?
What is a currency pair?It is a currency against another currency, forex currencies are available in pairs, you cannot sell or only buy one currency, you must buy or sell a currency in another currency and this is the reason behind trading in Forex in pairs.Example:The currency of the European euro against the currency of the US dollar, in the language of traders these two currencies are called "the euro-dollar pair" and the symbol for this pair is EUR / USDSecond: Forex Types and Pairs:Major CurrenciesMinor CurrenciesCross pairs (crosses)Exotic Pairs
How does any currency appreciate or depreciate?
Three major factors that cause a country's currency to appreciate or depreciate relative to another's * Differences in income growth among nations will cause nations with the highest income growth to demand more imported goods. The heightened demand for imports will increase demand for foreign currencies, appreciating the foreign currencies relative to the domestic currency. * Differences in inflation rates will cause the residents of the country with the highest flation ratet to demand more imported(cheaper) goods. If a country's inflation rate is higher than its trading partners', the demand for the country's currency will be low, and the currency will depreciate. * Differences in real interest rates will cause a flow of capital into these countries with the highest available real rates of the interest. Therefore, there will be an increased demand for those currencies, and they will appreciate relative to the currencies of countries whose available real rate of return is low. By Mujeeb
Can you give details of different currencies?
Different currencies are usually compared against the US dollar or the Euro in Europe. Each of these currencies has a different standard, and when comparing another currency to it, such as the British Pound, the exact value can be determined. All currencies have different values.
How does a currency appreciate?
An increase in the value of one currency relative to another currency. Appreciation occurs when, because of a change in exchange rates; a unit of one currency buys more units of another currency.
If yen was worth 0.0035 six month ago and is worth 0.0045 today how much the yen appreciated or depreciated?
Currencies are traded as a relative to another currency and I am not sure what your 'alternate' (terms) currency is, but assuming you mean 1 Japanese yen = 1 XXX, then the Yen has appreciated by 28.57% (0.0045/0.0035 - 1).
What best describes the exchange of currencies?
In currency exchange, money from one country is bought using money from another country.
What is the Forex and what are they trading?
Forex is the largest and most liquid financial market in the world, where participants trade currencies 24 hours a day, five days a week. The primary focus is on currency pairs, where one currency is exchanged for another, such as EUR/USD or GBP/JPY.
