Posted April 18th, 2010
by admin
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.
Tags: Banco Central, Currency Change, Currency Rate
Posted in Economics | 6 Comments »
Posted November 20th, 2009
by admin
Jumpy asked: I would like to chance Australian dollars into Japanese yen. I’m in Melbourne right now and I’m thinking I will get better rates if I exchange here than in Japan. In general do banks give better rates in Australia?
Tags: Australian Dollars, Currency Change, Foreign Currency Exchange
Posted in Victoria (Melbourne) | 4 Comments »
Posted October 27th, 2009
by admin
Jumpy asked: I would like to chance Australian dollars into Japanese yen. I’m in Melbourne right now and I’m thinking I will get better rates if I exchange here than in Japan. In general do banks give better rates in Australia?
Tags: Australian Dollars, Currency Change, Foreign Currency Exchange
Posted in Japan | 3 Comments »
Posted March 11th, 2009
by admin
♣Vincent♣ asked: The system of currency exchange rates has always facsinated me.
I could have $100, convert it into ₤49.34, then convert it back the next day to $101. Why do currency rates have to change every day?
Is this somehow helping the economy? Or is it hurting it?
Tags: Currency Change, Currency Exchange Rates, Economy
Posted in Economics | 4 Comments »