answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Why is a currency exchange necessary?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

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.


Why are exchange rates necessary?

Exchange rates determine the amount of imports and exports for a country. Depending on a naitons currency compared with a foriegn currency, countries may or may not want to trade with that nation.


Where can l exchange Budapest currency for us currency?

You can exchange Budapest currency for US currency at most banks that exchange foreign currency. You can also make this exchange at places like currency kiosks at international airports.


How do you exchange tickets for robux?

You can exchange them at the Currency Exchange. Go to "Catalog" and then click "Trade Currency"


What exactly does a forex exchange mean?

I think 'forex exchange' comes from the term 'foreign currency exchange'. You can exchange your money from the currency of the country you are based in to a currency from another country.


What is the currency and foreign exchange code of Bolivia?

The currency in Bolivia is Boliviano and the foreign exchange code of the currency is BOB.


What currency exchange?

Currency exchange is the process by which travellers can obtain currency by exchanging notes and coins from their country of origin for the local currency of their destination.


What is a good currency exchange rates calculator?

Google has a currency exchange rate calculator as well as xe, x-rates, and Go Currency. Alternatively there are currency exchange rate calculators located at malls where you can exchange one currency for another.


Where can I find currency exchange stores?

Most coin collection shops will exchange currency.


What is the premium on money in a currency exchange?

Agio is the term for the premium on money in a currency exchange.


Can you still exchange foreign currency that is uncirculated?

we can exchange foreign currency of leats of banks


Can you still exchange a foreign currency that is uncirculated?

we can exchange foreign currency of leats of banks