I'm a currency trader and the currency market operates 24/7 beginning Sunday afternoon and ends Friday at 5pm.
Money changers I believe go by the 15-min delay rate or stick to real time.
There is no, that I'm aware of, set standard that say at 9am your exchange rate stays the same until 9am the following day. The reason for this is because the rates can change so dramatically that ALOT of money can be lost on the exchange if they did that.
Just as a decrease in the value of a dollar is called inflation (it take more dollars to buy the same good during a period of time), the increase in the value of a dollar is usually called deflation.
The real time exchange rate for us dollar http://usd.exchangerates24.com/
No. Cash does not expire. Though the value of what a 100 $ bill can buy can change over time, the bill as such will remain a $100 bill forever
It simply means that a dollar today is worth more than a dollar a year from now, since you can bank the dollar and earn a year's interest.
At the time of this writing, the 30th of May 2013, The Australian dollar and the Canadian dollar are equal. The exchange rate here is 1 to 1. This may fluctuate at any time however.
subtracting the current value from the previous value of the item. For example, to calculate the dollar change in net income, subtract the previous net income from the current net income. The dollar change is an important metric for analyzing the performance and trends of a company over time.
You must specify a time period
As of the time this post 1 US dollar is worth 0.695701 EUR
Just as a decrease in the value of a dollar is called inflation (it take more dollars to buy the same good during a period of time), the increase in the value of a dollar is usually called deflation.
Just as a decrease in the value of a dollar is called inflation (it take more dollars to buy the same good during a period of time), the increase in the value of a dollar is usually called deflation.
Well it is totally dependent on the market value(stock market).Each and every time it varies, but we generally consider 47rs=1$, sometime 50rs=1$.
The real time exchange rate for us dollar http://usd.exchangerates24.com/
Value is the price of silver at time of sale.
No. Cash does not expire. Though the value of what a 100 $ bill can buy can change over time, the bill as such will remain a $100 bill forever
It most certainly is. Change the filter with each and every oil change every 5,000 miles.
Never. Pakistani/Indian rupee was started in 1947. Don't know the exact value of rupees at that time, but it was not greater in value than the dollar.
No all the countries do not change the time every year.