An exchange rate if the value of currency of one country compared to that of Another Country. For example, it would be the value of a US Dollar measured by the value of Mexican Pesos.
Forward exchange rate is the agreed upon exchange rate to be used in a forward trade.
The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.
GDP or gross domestic product is not directly related to the exchange rate. One rate theories are used to accurately report GDP. Universal rates apply in the reporting figures used.
unfavourable exchange rate movement
Floating Exchange Rate
Forward exchange rate is the agreed upon exchange rate to be used in a forward trade.
The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.
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.
GDP or gross domestic product is not directly related to the exchange rate. One rate theories are used to accurately report GDP. Universal rates apply in the reporting figures used.
unfavourable exchange rate movement
The Exchange Rate is 6594.232$.
Floating Exchange Rate
An exchange rate, which is also called the foreign-foreign exchange rate, is the rate that currency will be exchanged for another currency and may have a forward contract. The spot exchange rate is the current exchange rate today with immediate delivery and it is also called benchmark rates and outright rates.
In France the Euro is used. Its exchange rate per 1 US dollar is 0.68 Euros
The exchange rate movement is measured using the various disparity of the given currency. The time aspect is usually one of the parameters used.
By definition Rate at which one currency may be converted into another. The exchange rate is used when simply converting one currency to another (such as for the purposes of travel to another country), or for engaging in speculation or trading in the foreign exchange market.
what are the causes of fluctuations in the exchange rate