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Why do you need to exchange rates?

Updated: 9/21/2023
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Q: Why do you need to exchange rates?
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Related questions

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.


Can a central bank control domestic interest rates and fix their exchange rates at the same time?

I just need an answer


What are foreign exchange rates?

Foreign exchange rates are currency exchange value of other countries.


What is meant with money exchange rates?

If you are dealing with overseas currency it is necessary to know exchange rates. The exchange rates vary from day to day. exchange rates compare how much a certain country's currency is worth against another countries.


What are the American Express exchange rates?

American express exchange rates can change from time to time. It is recommended that one contact American Express directly for the current exchange rates offered.


What determines the exchange rates?

Foreign exchange markets


Where can one view the latest exchange rates?

One can view the latest exchange rates at a number of places. A few places to find exchange rates are at XE, OANDA, CNN, Currencies Direct. Commonwealth Bank offers the service posting the latest exchange rates as well.


How much is england money worth in the us?

Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.


Who or what determines the exchange rates in the foreign currency market?

Currently exchange rates are determined by laws of supply and demand.


Why do you need currency exchange?

Foreign Currency rates fluctuate based on the market forces of demand and supply. This means the rates can change at any given moment. We need a foreign exchange market to determine a value for each foreign currency and this would make it easier to exchange different currencies for one another.


Where can you find the current USD to Rupee exchange rate?

One can find current exchange rates for USD to Rupee online from sites such as Dollar2rupee, X-Rates, Xe, Exchange Rates, Money.cnn, Oanda and Finance.yahoo.


Where can a tourist find information on exchange rates?

There are many places on the web where a tourist could find information on exchange rates. One looking for more information on exchange rates could look at sources such as X-Rates, CurrencyConverter, XE, and Yahoo Finance.