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What requires that the currencies of other countries have an exchange rate that is fixed to the dollar?
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What is a US dollar called in Europe?
... it is called ... A DOLLAR! No country in Europe has a currency called dollar. Examples of countries with currencies called dollar are USA, Canada, Australia, Singapore, and more besides.
How many euros are in a dollar?
The real question is how many dollars in a euro the answer is 1.50709574 Canadian dollars equals 1 euro Currently, .77 Euros are in a United States dollar. This number can fluctuate depending on the economies of the countries that use both currencies. Exchange rates tend to be volatile.
What is dollar value of a pound?
Exchange rates vary several times a day. You need to get the current rate when you need it by googling foreign exchange and looking at one of the websites that gives exchange rates for any two currencies in the world.
Which Stock Exchange is known as the most liquid?
The 'forex market' is the most liquid market where foreign currencies are traded. The U.S. dollar is the most liquid currency in this market.
What does Fourex trading refer to?
Forex trading refers to an exchange market where currencies are traded. Exchange rates change all the time, so the value of the dollar can go up. Forex trading allows one to make a profit.
What is the strength of the dollar against foreign currencies?
exchange rate
What are the different currencies in the world?
There are many different currencies in the world. Some countries share currencies like the euro and some countries have the same name for the currency but they are not the same currency like American dollar and the Canadian dollar. the most popular currencies are dollar, euro, pound, yen, ruble ect.
What is the definition of Dollar ETF?
ETF is an acronym which stands for Exchange Traded Fund. Dollar ETF's involve the prices of different nationalities' currencies and the trading of these currencies to make a profit.
If the Asian countries faces decline in economic growth how will their currencies values be affected relative to the us dollar?
if Asian countries faces decline in economic growth then the value of dollar will appreciates with these currencies
How many countries use the dollar?
There are several countries that use currency called a dollar. These include the United States, Australia, Canada, New Zealand, Taiwan, and Belize. Despite having the same name, these currencies have different exchange rates versus the US dollar. E.g. a Canadian dollar is not worth the same amount as a US dollar, and so on.
What is the meaning of The Crossing?
A pair of currencies traded in the foreign exchange market (forex) that does NOT include the US dollar.
Is the Australian dollar different from the American dollar?
Yes, despite the similar name they are compleley separate currencies. Canada, New Zealand, Jamaica, Brunei and several other countries also have independent currencies called "Dollar".
How much is twelve dollars in American money worth in Europe?
There is no single answer to that. There are many countries in Europe and many currencies are used in those countries. The most common currency is the Euro, which is used in 16 of over 50 European countries. The exchange rate between the dollar and other currencies changes constantly. To convert to the Euro or any of the other currencies in Europe, you can use one of the many websites that do this. One is given in the related links below.
What is the meaning of cross currency?
A pair of currencies traded in the foreign exchange market (forex) that does NOT include the US dollar.
What are the economic effects of a depreciation of the dollar on foreign exchange markets?
When the dollar depreciates (dollar price of foreign currencies rises), U.S. exports rise and U.S imports fall.
Why us dollar is the medium of exchange?
The American Dollar is one of the most commonly used currencies and hence it is a preferred medium of exchanges for parties who do not share the same currency.
How many country use dollar?
There are several countries that use currency called a dollar. These include the United States, Australia, Canada, New Zealand, Taiwan, and Belize. Despite having the same name, these currencies have different exchange rates versus the US dollar. E.g. a Canadian dollar is not worth the same amount as a US dollar, and so on.
