As of today, the exchange rate between the US dollar and the euro is approximately 1 USD to 0.85 EUR. This means that one US dollar is worth about 0.85 euros.
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
currency exchange rate means values between two other countries currency. For example, the value of indian rupee againts one US dollar is 60.64
Currently the Canadian and United States exchange rate varies, currently one Canadian dollar is equal to one dollar and one cent in United States currency.
1 US$ = 0.72 Euros
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.
Great Britain pound. Which is used pair currency for US dollar.
The Bretton Woods agreement created fixed exchange rates between countries based on the value of each country's currency in relation to gold or indirectly in relation to gold by relating their currency to the U.S. dollar.
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
currency exchange rate means values between two other countries currency. For example, the value of indian rupee againts one US dollar is 60.64
Currently the Canadian and United States exchange rate varies, currently one Canadian dollar is equal to one dollar and one cent in United States currency.
First, the term fractional currency is used in relation to a main currency - the U.S. dollar or the euro, for example. A fractional type of currency is oftentimes 1/100 of the main currency. It simply depends on what you are converting to. For example, one dollar would be equivalent to 100 cents.
The Philippine peso is the currency used in the Philippines, not the Filipino dollar. The exchange rate between the Philippine peso and the US dollar fluctuates daily and can be checked with financial institutions or currency exchange websites.
Against what currency?
You can exchange 20 dollar bills for 1 dollar bills at a bank or a currency exchange service.
You can exchange 20 dollar bills for 100 dollar bills at a bank or a currency exchange service.
1 US$ = 0.72 Euros
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.