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Currency exchange rates are tied to the economies of the respective governments that print each currency. They are only predictable as far as those economies are predictable.
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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.
Which jewellers gives the best rate on gold exchange?
In order to find a jeweller that gives the best rate on gold, you will need to find an honest jeweller. Study up on the price of gold first and if you have a lot of gold to exchange, you may get a better price.
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.
Exchange rate in a sentence?
It was said the the exchange rate was better value when changing money abroad rather than at home.
How much is UK 299.95pounds in US dollars?
The exchange rate changes all the time. Whatever numbers I give here might be completely invalid in 5 or 10 years. Better look up the current exchange rate online - search your favorite search engine for "exchange rate" or "exchange rate calculator".
What gives you a better exchange rate in Australia - cash or travelers checks?
Cash. or even better, electronic transfer.
Is it better to exchange my dollars once in Europe or in Canada before I go?
You will usually get the best exchange rate in a bank where you have a regular account
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 Euro to pounds rate using a fixed exchange rate?
you can see live per second exchange rates on www.transfermate.comive used banks and in my experience a broker is better and cheaper.Banks are a waste of time
What does 8000 pounds UK in us money?
Since the exchange rate changes over time, better go to a specialized site (I use www.xe.com), and look up the exchange rate for today.
How much is 1 Great Britain Pound Sterling in euros?
Since the exchange rate changes all the time, you better look this up in an online exchange rate calculator (for example, XE).
What will be the estimated exchange rate in 2010?
The Exchange Rate is 6594.232$.
What is an unfavorable exchange rate?
unfavourable exchange rate movement
Which exchange rate is following by India?
Floating Exchange Rate
