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How is currency exchange rate decided?
The currency exchange rate is decided by the supply and demands of the market. The price goes up when the demands is greater than the supply.
What best explains what happens when a currency is pegged to the us dollar?
The value of the pegged currency goes up and down depending on the exchange rate of the U.S. dollar. ALSO Pegging a currency to the U.S. dollar gives that currency the same stability as the U.S. dollar, keeping its exchange rate from fluctuating too wildly.
What effects does foreign exchange rate fluctuations have on importers?
If the exchange rate for a country goes up then the trading country will have to pay more to purchase goods from that country. If the exchange rate goes down then the trading country will have to pay less to purchase goods from that country.Conversely, if the exchange rate goes up for a country then it has strong purchasing power in that it can purchase goods from the trading country at a cheaper price. If the exchange rate goes down then it will have to pay more to purchase goods from their trading partners.For example, currently, because the UK has a strong pound against the US dollar, it makes our exports expensive to purchase by the US; however, we are able to purchase their goods relatively cheaply (property, holidays etc); conversely, the pound has weakened against the Euro thereby making our European holidays more expensive; however it makes it cheaper for the Europeans to come to the UK.
What is the exchange rate from British pounds to Australian dollars?
The exchange rate changes many times a day. You can find the current rate of any currency by googling "foreign exchange" and clicking on one of the first sites that comes up.
What will happen if the price of butter goes up?
gaers up
What happen to the reactant rate as a reactant gets used up?
The rate goes down.
How is currency exchange rate decided?
The currency exchange rate is decided by the supply and demands of the market. The price goes up when the demands is greater than the supply.
What best explains what happens when a currency is pegged to the us dollar?
The value of the pegged currency goes up and down depending on the exchange rate of the U.S. dollar. ALSO Pegging a currency to the U.S. dollar gives that currency the same stability as the U.S. dollar, keeping its exchange rate from fluctuating too wildly.
Is Canada's currency higher or lower than US?
Your question is almost meaningless because there is an exchange rate between major currencies. This exchange rate goes up and down with time. Therefore if a currency is lower or higher depends on when you start measuring from.
What effects does foreign exchange rate fluctuations have on importers?
If the exchange rate for a country goes up then the trading country will have to pay more to purchase goods from that country. If the exchange rate goes down then the trading country will have to pay less to purchase goods from that country.Conversely, if the exchange rate goes up for a country then it has strong purchasing power in that it can purchase goods from the trading country at a cheaper price. If the exchange rate goes down then it will have to pay more to purchase goods from their trading partners.For example, currently, because the UK has a strong pound against the US dollar, it makes our exports expensive to purchase by the US; however, we are able to purchase their goods relatively cheaply (property, holidays etc); conversely, the pound has weakened against the Euro thereby making our European holidays more expensive; however it makes it cheaper for the Europeans to come to the UK.
What happens when a currency is pegged to the U.S dollar?
The value of the pegged currency goes up and down depending on the exchange rate of the U.S. dollar. Pegging a currency to the U.S. dollar gives that currency the same stability as the U.S. dollar, keeping its exchange rate from fluctuating too wildly.
What is the exchange rate from British pounds to Australian dollars?
The exchange rate changes many times a day. You can find the current rate of any currency by googling "foreign exchange" and clicking on one of the first sites that comes up.
How can you check the exchange rate before buying euros?
Before any exchange of currency it is recommended to talk to a bank, if travel is the purpose for the exchange or check online for the current up-to-date exchange rate between currencies. If in doubt, the best choice is to talk to a local bank for information regarding the exchange rate.
How many US dollars could you get for Spain's unit of money?
The amount of Euros you can receive in exchange for dollars depends on the the rate of exchange at the time you make the exchange. For an up to the minute rate of exchange see: http://www.xe.com/ucc/.
How much is UK 299.95pounds in US dollars?
The exchange rate changes all the time. Whatever numbers I give here might be completely invalid in 5 or 10 years. Better look up the current exchange rate online - search your favorite search engine for "exchange rate" or "exchange rate calculator".
How does glomerular hydrostatic pressure effect filtration rate?
As the Glomerular Hydrostatic Pressure (GHP) goes up, the Filtration rate goes up.
How many euros make up a quarter?
Since the exchange rate changes over time, I suggest you look up the current exchange rate, for example at xe.com. This site also has a conversion calculator.
