Currency Exchange

Sweet Dreams ◕‿◕ asked:


Seriously? How do they figure this out?
I calculated the currency exchange for a bag of chips in India which were for 10 rupees, and that was like 21 cents in the USA. Let me just say that the potato chips bag was medium sized.

bigbadbob1969 asked:


General information on the Internet highlights that as interest rates rise, as long as inflation is lower, that a currency tends to strengthen. However, with respect to the pound and the yen currently are there any other significant factors?

preschool dance recital rapist asked:


Does the value of the USD go up?

Jose Aguilar asked:


What has influenced it to be like that?

illiterate asked:


If 5 bucks of Country A = $1 and 1buck of country B= $5, which country is doing well?

Dina asked:


Which of the following best explains what happens to the exchange rate of a floating currency?

A. The exchange rate for that currency changes depending on the operations of the free market.
B. The exchange rate for that currency goes up and down with the price of gold.
C. The exchange rate for that currency is determined by changes in the value of the U.S. dollar.
D. The exchange rate for that currency increases or decreases depending on the size of the country’s GDP.

cidyah asked:


OK, we see that $1 US = $0.9 AUD etc and it keeps changing everyday. How is it actually determined and who decides what it should be? Serious replies only please.

amburr asked:


I have 100 Banco Central do Brasil dollars and I would like to exchange it for US money. I checked and it said that it is equal to $56 US dollars. Will it ever be worth more than $56 or could it possibly decrease in value? When does the the currency rate change? Thank you for your time. I really appreciate your explanations.

John asked:


Assuming the world interest rate remains the same at 3%, the increase in the budget surplus will lead to:

I. An increase in the demand for dollars
II. An increase in the supply of dollars
III. An increase in the quantity of net exports
IV. Appreciation of the dollar

A. I and IV only

B. I, II, III, and IV

C. II, III, and IV only

D. II and III only

Mu G asked:


If we’re talking in U.S dollars, How much would one dollar be in the U.K (in pounds)