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What else can I help you with?
Can anybody really know what the value of currency is?
Generally, yes, because most countries use flexible exchange rates and so arbitrage ensures that the value of a currency is determined accurately (i.e. if the currency was overvalued for some reason, experienced for-ex traders would realise and cause it to fall). If the exchange rate is fixed you can't tell if it's valued correctly because it is usually pegged on another exchange rate (so if the other currency depreciates the government will make sure that their currency depreciates). This means that the value of the exchange rate doesn't reflect what is going on in the economy, it reflects what is going on in the other economy.
What does an exchange rate tell you?
An exchange rate indicates the value of one currency in relation to another, reflecting how much of one currency is needed to purchase a unit of another. It provides insights into the relative strength or weakness of currencies, influenced by factors such as interest rates, inflation, and economic stability. Additionally, exchange rates impact international trade, investment decisions, and travel costs, making them crucial for businesses and individuals engaged in cross-border transactions.
What can you do with out of circulation Mexican money?
If the currency is not currently legal tender, it's considered a collectible. Collectible, non-circulating currency can be bought and sold on eBay. Go to ebay.com and type in a description of the money. Next, click on the "completed listings" option on the left-hand side. Doing this will tell you the actual prices the foreign money sold for. Keep scrolling through and try to find money that looks like what you have. You should get a good idea for what's it worth. If you can't find your money on eBay, you can contact a collectible money dealer or consult a currency manual, which is available at most libraries and bookstores.
How much money does Cadbury make per year?
can u please tell me
What does inflation rate tell us about our economy?
The inflation rate measures the percentage increase in prices of goods and services over a specific period, reflecting the purchasing power of money. A moderate inflation rate typically indicates a growing economy, as it can signal increased consumer demand and spending. However, high inflation can erode purchasing power, reduce savings, and create uncertainty, while deflation may suggest weak demand and economic stagnation. Overall, the inflation rate is a key indicator of economic health and influences monetary policy decisions.
Why do nations need a system of currency exchange rate?
Nations need a system of currency exchange rate in order to be able to tell the value of their currencies. The exchange rate is set again the price of gold in order to have some uniformity across all nations.
How much is 1 Au in Germany?
The exchange rate for the "AUD" to "Euro" changes daily, the link below is to a currency converter that will tell you the actual exchange rate whenever you wish to ask.
How do exchange rate calculators work?
Exchange rate calculators are extremely accurate. All you have to do is put in the amount of money you have and it will tell you how much it is worth.
Can you tell me if I can get currency exchange information online?
Try www.xe.com. They offer free, instant currency exchange rates.
What are the names of the tables which tell you how much one currency would be worth in another currency?
Currency conversion or exchange rate tables are used to indicate how much one currency would be worth in another currency. Because exchange rates vary by the minute, once a currency conversion table is printed, the exchange rates represented within the table are almost immediately obsolete. However, barring any unusual economic activity, any recent currency conversion table does provide a good estimate for exchange rates and can help the average traveler determine if they are being given a good conversation rate.
Can anybody really know what the value of currency is?
Generally, yes, because most countries use flexible exchange rates and so arbitrage ensures that the value of a currency is determined accurately (i.e. if the currency was overvalued for some reason, experienced for-ex traders would realise and cause it to fall). If the exchange rate is fixed you can't tell if it's valued correctly because it is usually pegged on another exchange rate (so if the other currency depreciates the government will make sure that their currency depreciates). This means that the value of the exchange rate doesn't reflect what is going on in the economy, it reflects what is going on in the other economy.
How do you convert U.S. Dollars into other currency?
If you just want to know the value look up the exchange rate for the other currency. If you want to actually exchange for the other currency most banks can do it for you (or tell you of another bank in the area that can if they don't handle the currency you want themselves). If you have an ATM card that is accepted where you are going, you can draw out currency at the ATM's in foreign countries and usually get a better rate than at local banks. VISA and Master Charge are accepted in many foreign countries and give you a good rate.
Do all banks exchange foreign money?
yes all banks do. contact your bank and ask them they will probably tell you that they do exchange foreign money if you are planning on doing that then tell your bank and exchange some foregn money:)
Where can you find a currency exchange near Augusta Georgia?
Im sorry to tell you this but there are no currency exchanges in Augusta the nearest one is at Hearts-field Jackson international airport in Atlanta on the first floor in the departures area. Take that money to exchange it next time you plan to visit Atlanta for spending cash.
How can you obtain money exchange licence in India for small money exchange of the tourists?
Can any one tell me what is the process to get a RBI license for setting up a small Money Exchange to buy and sell foreign exchange.
What is conversion and how do you change it to Philippine money?
Conversion is the process of exchanging the money of one country for a roughly equivalent value of money from another country. You change money to Philippine piso by taking your US dollars, British pounds, Euros, Mexican pesos or other money and go to a bank or currency exchange. There you tell them how much Philippine money you want and they will tell you home much of another country's money you need t pay. Or you tell them how much of another country's money you have and they will tell you how much Philippine money it will buy.
What is 2000 in dollars?
If you want to perform a currency conversion to dollars, you have to say what the currency is that you wish to convert. So, 2000 of what? One of the really annoying problems with WA is that it will not allow special characters and punctuation in the question. If you want to know the dollar to euro exchange rate, you need to spell it out. Since the exchange rate changes daily, the best answer is to tell you to open up a web site that updates regularly such as http://www.x-rates.com/d/USD/table.html. There are many to choose from.
