Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Monetization
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
How do we Determine the Currency Trade Values of a Country?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Jasz, post: 233386, member: 61772"] The currency exchange rate/ trade value is the value of one country's currency in terms of another. The foreign exchange market determines how much of a currency is needed to purchase a unit of a foreign currency. The foreign exchange market determines foreign exchange rates for every currency. It involves all aspects of selling and buying, exchanging of currencies at current or determined prices. In practice, the rates are generally expressed as a percentage of one currency against another. For example, if we were quoting the U.S. dollar/Canadian dollar (USD/CAD) pair, then an increase in this pair would mean that there was a higher demand for U.S. dollars so that they could be converted into Canadian dollars. The World Trade Organization (WTO) sets the exchange rates of currencies based on a country's inflation rate and its monetary policy. Generally, if a country has an inflation rate higher than other countries, its currency value will decrease relative to the others, and vice versa. The currency of a country with low inflation will be worth more relative to those with higher inflation. A country's monetary policy also affects its currency value, as it determines how much money is available and how quickly it enters the economy. This impacts the country's gross domestic product (GDP), which reflects the total value of all finished goods produced within a country's borders in a specific year. The higher the GDP, the more valuable its currency will be. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
How do we Determine the Currency Trade Values of a Country?
Top