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Exchange rates is the amount that it takes to make $1.00 in the United States Example - say you had paso's it may take 10 paso's to equal $1.00 in US $ - (this is not the exchange rate it is an example of how you get to the exchange rate) Example 2 - say you had paso's (from South America say Peru) the $ value in Peru is poor so it could be as such - 10,000 paso's = $1.00 in Us dollars I hope this helps you understand the concept better

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Q: What do you understand by exchange rates?
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What is the meaning of Foreign Exchange Quotes?

Foreign Exchange Quotes means "foreign exchange rates", which is something we all understand. These rates can be found on many websites, one of which is www.ForeignExchangeQuotes.info which is a free resource site. Hope this helps!


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 determines the exchange rates?

Foreign exchange markets


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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.


Where can one view the latest exchange rates?

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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.


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.


What is the significance of foreign exchange rate risk and how can it be mitigated?

Foreign exchange rate means that 1 usd = 10 pesos. When you exchange currency, understand that it fluctuates, sometimes higher and sometimes lower. Do your trading when it's higher b\c you get more of their dollars for your. All you can do it watch the exchange rates.


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.


Where can one find the British pound exchange rate?

The exchange rate for the pound can be found on sites like Exchange Rates, X-rates, Coinmill, Fx-rate, and The Money Converter. There are also apps that can be installed on a smartphone for exchange rates of many currencies.