This is called the Exchange Rate. You can look up exchange rates in newspapers, or in the internet.
Floating exchange rate
First of all - your punctuation. You need a comma after the second "currency" so as not to confuse whether 'value' or 'currency' is the point - "When the value of a country's currency goes up compared to another country's currency, that is considered a...?" Bad thing, as the cost of goods and services of 'Currency A' go up when compared to 'Currency B.' People will want things priced in Currency B, perceiving them cheaper than Currency A goods and services.
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.
How well their economy is doing determines what the value of their currency compared to other currencies. If it is doing well it is high but if it is doing badly it is low.
A fixed currency is used in countries where the value of the money is closely tied to the value of gold, or the value of another country's currency. A floating currency is one that changes depending on the state of the market, i. e. supply and demand.
Floating exchange rate
First of all - your punctuation. You need a comma after the second "currency" so as not to confuse whether 'value' or 'currency' is the point - "When the value of a country's currency goes up compared to another country's currency, that is considered a...?" Bad thing, as the cost of goods and services of 'Currency A' go up when compared to 'Currency B.' People will want things priced in Currency B, perceiving them cheaper than Currency A goods and services.
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.
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.
The definition of devaluation of Indian currency is the loss of the value of the currency. This is a an adjustment of the country's currency value downwards compared to other major currencies in the world.
How well their economy is doing determines what the value of their currency compared to other currencies. If it is doing well it is high but if it is doing badly it is low.
A fixed currency is used in countries where the value of the money is closely tied to the value of gold, or the value of another country's currency. A floating currency is one that changes depending on the state of the market, i. e. supply and demand.
Exchange-rates fluctuate daily. Look for an on-line exchange rate calculator.
Exchange Rate
Assuming there are no other changes that the one stated, the value of the currency of country X will decline relative to the value of the currency of country Y.
A Foreign exchange, or Forex, is the conversion of one country's currency into that of another. In a free economy, a country's currency is valued according to factors of supply and demand. In other words, a currency's value can be pegged to another country's currency, such as the U.S. dollar, or even to a basket of currencies. A country's currency value also may be fixed by the country's government. ' Foreign exchange is handled globally between banks and all transactions fall under the auspice of the Bank of International Settlements.
FX currency is also known as FOREX currency trading. It is regarded as the value of a country's currency in comparison to another country. Exchange rates are determine by foreign markets.