It is quite hard to find the place where you can exchange with no loss, as there is always a difference between buying and selling the currency and this is where exchanges make money. However, there should be a plenty of internet exchanges that would charge a rather fractional fees. Also, exchanging cash should not be too expensive, as both of the currencies are having quite a large demand for them.
It's a foreign exchange gain or loss, so when you exchange currencies, you can either make a gain or a loss from it (profit or loss).
Unrealised foreign exchange gain and loss is moved through equity while realised gain and loss is charged to profit and loss.
FX loss Asset
foreign Exchange loss will be charged in P&l A/c
The loss for foreign exchange throutgh tourism industry is bad planing and managerments of industry.
They trade in various currencies/ if the currencies fluctuate they may lose lots of money because they calculate on an exchange rate and it varies! Remember - they deal in millions at a time
Depends on where you are selling the house and how much you sell it for. If you sell a house in Canada, you will be paid in Canadian dollars. The legal currency is Canadian. If you sell the house for a profit, then you make a profit. If you sell it at a loss, then you don't make a profit. Whether you are dealing in Canadian or American currency isn't relevant. It's what you purchased the house for and what you sold it for that determines if you make a profit.
No.
The disadvantage is that the country's foreign exchange would be less... The Govt, would be in loss
Positive The positive is that NewYork got independence and freedom Negative People died ,money loss ,food loss,home loss,unpeacefull times, and families get separated.
a profit is something that you get back a loss is something that you lose like with money with a profit you get money with a loss you loose money
A sack in American and Canadian football is when the quarterback is tackled behind the line of scrimmage, resulting in a loss of yardage, on a passing play.