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Difference between Spot Exchange Rate and 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.
Importance of foreign exchange rate?
The foreign exchange rate helps determine the value of money. When the exchange rate is high, then the currency is less valuable.
What is a exchange rate?
an exchange rate is how much country's currency is worth in term of anothers.
What is the difference between spot and forward exchange rate?
In forward exchange rate, the rate is booked in advance for a fixed amount and period,which will remain unchanged in case of any market fluctuation or deceleration.In fact forward exchange rate booking is done to protect or guard against volatile market condition. In spot exchange rate, the exchange rate prevalent on a particular date is booked for immediate effect.
What is crawling peg in exchange rate system?
Crawling peg is a compromise between fixed & flexible exchange rate.
What is the average exchange rate for 3 days in France?
France uses the Euro as its currency, look at the Euro exchange rate with whatever currency you are trying to exchange.
What is the unit of currency and its exchange rate per US dollar in France?
In France the Euro is used. Its exchange rate per 1 US dollar is 0.68 Euros
What is France foreign exchange rate?
France uses the Euro. 1 USD = 0.773485 EUR
What currency is in use and what is the exchange rate to 1 GBP in France?
your nans xylophone
What is REER in exchange rate?
The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.
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 exchange rate French franc?
The French franc is no longer in use. It was replaced by the Euro on January 1, 1999. The current exchange rate is 1 Euro to 1.35 US Dollars.
What is an unfavorable exchange rate?
unfavourable exchange rate movement
What will be the estimated exchange rate in 2010?
The Exchange Rate is 6594.232$.
Which exchange rate is following by India?
Floating Exchange Rate
Difference between Spot Exchange Rate and 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.
What causes exchange rate fluctuations?
what are the causes of fluctuations in the exchange rate
