we use money to exchange for goods and services! before that we would barter and exchange goods and services - the main difference between the two is that with money i can swap my apples that would rot for money that doesn't and save that money for later ( when my apples would have rotted) and exchange my money for other (food) goods or services! it's a no perishable way of saving and accumulating wealth against other goods or services!
money is called a medium of exchange because it acts as an intermediate in exchange of commodities
A 1984 Italian Lire would be worth somewhere around $20 as of July 2013. The exchange rate for money fluctuates quite a bit. In order to exchange the money, you would need to take it to a bank that exchanges Italian money.
this depends on what money you want to exchange, please be more specific
The most important requirement for money to be medium of exchange is the value of money.
Coinmill.com has a current money exchange calculator on their website. This calculator includes many countries currency to exchange from. The country's money to exchange from would have to be provided.
The best place to find a money exchange would be to look into the money exchange business. I would also look into the loan places that gives away many loans to people.
Imagine there was no currency in the world, and you ran a buisness. If I came into your buisness, and received services, in exchange for a favor. There would be NO guarantee that you'd get a favor, and no proof that I had ever had services. Whereas, with money, I'd give you that before the services, and it's guaranteed that you could get services for the money at pther buisnesses. It's just a matter of value on Earth.
Depends where you are. If you're not near an airport where a money exchange would be, try Western Union.
online.Thunderbird.edu offers a professional developmental online course teaching the foundations of money exchange, along with other essentials one would need to be efficient in the field of money exchange.
we use money to exchange for goods and services! before that we would barter and exchange goods and services - the main difference between the two is that with money i can swap my apples that would rot for money that doesn't and save that money for later ( when my apples would have rotted) and exchange my money for other (food) goods or services! it's a no perishable way of saving and accumulating wealth against other goods or services!
to convert you American money to Brazil you would go to an exchange bank.
You would definitely be losing money because the amount of commission charged to exchange would be higher than a pound or a dollar.
no it is not because u can pick up and carry an exchange such as new money for old money the new money can be the exchange for the old money
no it is not because u can pick up and carry an exchange such as new money for old money the new money can be the exchange for the old money
money is called a medium of exchange because it acts as an intermediate in exchange of commodities
money is called a medium of exchange because it acts as an intermediate in exchange of commodities