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To calculate the exchange rate between two countries, you can use the formula: Exchange Rate Price of one currency / Price of another currency. This means you divide the value of one currency by the value of another currency to determine how much of one currency is needed to buy one unit of the other currency. Exchange rates are constantly changing due to various factors such as supply and demand, economic conditions, and geopolitical events.

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5mo ago

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How to calculate the exchange rate between two currencies?

To calculate the exchange rate between two currencies, you can use the formula: Exchange Rate Value of One Currency / Value of Another Currency. This will give you the amount of one currency needed to buy one unit of the other currency.


What is the exchange rate in Estonia?

There cannot be an exchange rate within a single country- it is a comparison of the currencies in two different countries. So if you are asking about the exchange rate between Estonia and the US, for example, the exchange rate is 1 dollar to about 12 Kroons, and .9 dollars to 1 Kroon. (The Kroon is the Estonian currency).


How can exchange rates change to reduce wage differences between countries?

A fall in a country's exchange rate will lower its relative wage, and a rise in a country's exchange rate will raise its relative wage.Microeconomics


How do you calculate exchange rate?

The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.


What is the current exchange rate for the stock market?

Current exchange rate for the stock market is different for every country. Encyclopedia should have a lot more information on the exchange rate from countries to countries.


What is one nation's currency in terms of another country's?

This depends on the exchange rate between the two countries.


How do you calculate the exchange rate between two currencies?

To calculate the exchange rate between two currencies, you can use the formula: Exchange Rate Value of One Currency / Value of Another Currency. This will give you the amount of one currency needed to buy one unit of another currency. You can also use online currency converters or consult financial institutions for the most up-to-date rates.


What is currency exchange rate?

currency exchange rate means values between two other countries currency. For example, the value of indian rupee againts one US dollar is 60.64


What is the exchange rate between Canadian and Cuban currency?

The rates change every day. Use this currency converter to calculate it.


How do you calculate spot exchange rate?

The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.


What is the amount for transfer of money from a bank in Europe to a bank in India?

Your local bank should have the currency exchange rates. It is dependent upon the rate of exchange between those two countries, and the wire rate your bank will charge.


What statement describes the foreign exchange rate?

The foreign exchange rate is also known as the exchange rate. This is defined as the difference between two currencies.