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Subjects>Math>Math & Arithmetic

How are currency exchange rates are calculated?

Anonymous

∙ 12y ago

Updated: 9/14/2023

Currencies exchange rate are not calculated but determined by the market supply and demand. If the demand is higher than the supply the price will go up and vice versa.

Wiki User

∙ 12y ago

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How is foreign currency calculated using a Currency Converter?

Foreign currency is calculated using the average market value of the currency over a 24 hour period and then comparing that value to other currencies. This is why exchange rates can vary from day to day.

How much is england money worth in the us?

Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.

What is one million US dollars to Indian Rupees?

The rates change every day. Use this currency converter to calculate it.

How relatively high interest rates affect currency values?

What is important is not high interest rates but high real interest rates: that is, interest rates adjusted for inflation.If a currency has high real interest rates, foreign investors will want to buy into that currency. The increased demand will push up the price of that currency relative to other currencies and so its exchange rate will "improve".

What is the currency of china and how many would you get for a pound?

As of 2013, China's currency is called the renmimbi; the main unit is called the yuan. Since exchange rates constantly change, go to an online site specialized in currency exchange (for example, the XE site), to get the latest exchange rate.

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Related Questions

Where can I exchange currency for the best rates?

You can exchange currency for the best rates at banks, currency exchange offices, or online platforms that offer competitive rates. It's recommended to compare rates and fees before making a decision.

What are foreign exchange rates?

Foreign exchange rates are currency exchange value of other countries.

How is foreign currency calculated using a Currency Converter?

Foreign currency is calculated using the average market value of the currency over a 24 hour period and then comparing that value to other currencies. This is why exchange rates can vary from day to day.

What is a good currency exchange rates calculator?

Google has a currency exchange rate calculator as well as xe, x-rates, and Go Currency. Alternatively there are currency exchange rate calculators located at malls where you can exchange one currency for another.

What is meant with money exchange rates?

If you are dealing with overseas currency it is necessary to know exchange rates. The exchange rates vary from day to day. exchange rates compare how much a certain country's currency is worth against another countries.

How much is england money worth in the us?

Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.Exchange rates change all the time; to get current exchange rates, go to an online currency calculator, for example, xe.com.

What is lpa currency?

Lpa currency is a chart that is used to figure out the exchange rates of currency to foreign currency in Europe and Canada. Lpa is a standard measure that fluctuates based on current exchange rates.

Where can someone find the current currency exchange rates for the Yen?

The Currency Converter on the website Yahoo! Finance showes many different currency exchange rates. By entering Yen and another currency the user can find the exchang rates of the Yen.

Does currency exchange rates change from day to day?

Yes, currency exchange rates change every day, due to the constant printing of money in all different countries and territories. You should always check currency exchange rates just before exchanging and kind of currency for another.

What is the currency and exchange rates of New York?

New York is part of the United States of America and the currency and exchange rates applicable to the USA are applicable to NY Currency - US dollar

Where online can I learn the current currency trading rates?

You can learn about the current currency trading, or exchange rates, by visiting http://www.x-rates.com/. You can select which currency you wish to compare the exchange rates on and over what period of time.

Where do I find international exchange rates?

Websites like x-rates.com or exchangerate.com offer great currency exchange tools. Conversion calculators for foreign currency exchange rates available.

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