Exchange Rate Knowledge Base
exchange rate? i need to know the exchange rate from american money to the money in zambia by tomorrow
Exchange Rate? If the exchange rate falls from 10 francs per dollar to 6 french francs per dollar then from the perspective of an American consumer, what happens to the attractiveness of french goods?
What will happen to Canadian exchange rate under the following two situations? The governor of the Bank of Canada announces that he will reduce inflation with a new anti-inflation program. If the public believes him, predict what will happen to the Canadian exchange rate. AND If expected inflation drops in Europe so that interest rates falls there, predict what will happen to the Canadian exchange rate.
How to fix an exchange rate in international trade? I am from Europe and planning to buy products from Indian. How can I fix an exchange rate for this trade? Because every day the price is varying. So how can I fix a rate? Can you please give me some advice?
Does the exchange rate of the pound and euro strengthens or weakens during a recession? What are the effect of the recession in currencies abroad and national? If say im selling a product multinationaly and a natinonal recession took place in one country and theyre exchange rate falls, Will my product be more successful in sales because the price of my product becomes cheaper? If i am right does that mean that a recession can be a good thing to some businesses?
What drive exchange rate of currency up and down? 1) I would like to ask what drive exchange rate of currency up and down? 2) How George Soros made those Asian currencies to depreciate?? I know he used some derivative tools to do it but how?? Please elaborate on the answer. Thank you. In question 2, I would like to ask how George Soros made those Asian currencies to depreciate during the Asian financial crisis at 1997
How to find exchange rate with given information? The current yen - dollar exchange rate is ¥89 to $1. Further, the current dollar - pound exchange rate is $1.52 to 1₤. Based upon this information, what must be the yen – pound exchange rate? What would happen if the actual yen – pound exchange rate did not equal this value? Explain.
How do i get the best exchange rate for £ to euros? Living in England and going to Amsterdam and Tenerife in the next month and needind to change about £1000. Would i be best doing it here or in Amsterdam or in Tenerife. In other words where will i get the best exchange rate? Thanks in advance.
What is the exchange rate between the US dollar and British Pound? What is the exchange rate between the US dollar and British Pound? I may be traveling from the US to London, UK. How come there is no 100 pound? In the US we have $50 and $100 bills. I notice that the 50 pound noate has not been revised since 1994. Are they going to discontinue the 50 pound note?
What method of currency exchange will give me the best exchange rate? I'm going to Europe next month and I know the exchange rate is terrible but I wanted to know what method of conversion gives me the most Euro for the buck... traveler's cheques? exchanging cash at a local exchange place? using my atm card everywhere I go? Taking money out of the ATMs there? From your experience, what has been the most convenient and cheapest method?
How do you measure exchange rate stability? I need to find how the exchange rate stability of the New Zealand dollar has changed over the last three years? Any ideas on how to find this information and what is the indicator? Thanks!
How is the currency exchange rate of countries decided? I am doing a project on currencies, i need to know how the exchange rate of different currencies is determined. for example, INR to US$ is approx Rs.45. So how is this determined. Please dont give a 1 line answer, give the complete process or the link to the source.
How does the Rand/dollar exchange rate affect the price of gold? I'm very new to investing but I'd like to start and was looking at buying krugerrands. At the moment though the price of gold is sky-high and may rise or fall... I was just wondering if this has anything to do with the rand/ dollar exchange rate as gold is bought in dollars. And since the 2010 world cup soccer is held in South Africa next year, I'm guessing the rand will become stronger. (Am I wrong?) Should I invest now, or should I rather wait until the rand is stronger?
What is the main consideration in affecting the exchange rate? I sell things to Japan from the UK, and get paid in yen in Japan I then have the money sent to me which gets changed into sterling. The exchange rate was 252 yen to the pound, it`s now 206, which means I get more money, as I pay less yen for each of my pounds. What one thing would make the exchange rate go even lower to 180 or 200 as it was a few years ago?
What's the best way to exchange currency in Europe with the best rate? I am going to visit different countries in Europe and I don't know which will give you the best exchange rate?? Should I go to Forex in my own country to exchange currency ahead of time? Or should I use my Debit card to withdraw money at ATM machines when I arrive to that particular country? So far I just know if you use ATM at airport is not a good idea, and bringing traveller's cheque does not give you good rates either.
How can I get the best exchange rate when I go to America from Japan and vice versa? I will go back home for a little bit this summer and was wondering what the best ways to exchange money are. Japan's airport doesn't seem too bad but I hear airports are one of the worst places. Traveler cheques apparently give you a little better rate. Exchanging through banks sounds like you get the best rate but I'm also wondering good ways to do that. Then what are good ways to sell your dollars again when you go back to Japan?
Where can I get good rate of money exchange? I shall be going to Europe, and I need to know the address of places in Delhi where I can get good rate of exchange. I will have to take Euro. What is the value of Euro presently. What is the exchange rate?
Is the US Dollar exchange rate likely to go up or down over the next few months? I'm going to New York towards the end of March and I'm wondering when would be the best time to get my money exchanged. I can change all my money right now or wait to see if the exchange rate will go up. So I guess that's what I'm asking. Is the US Dollar exchange rate likely to go up or down over the next few months. I will be changing Sterling for US Dollars. Thanks for any advice.
What is it that determines the curreny exchange rate? For example: I was in Japan for 3 years and the exchange rate was always fluctuating. I saw it go as low as 140 yen to the USD and as high is 95 yen to the USD. Help me out. I didn't pay attention in economics class.
do you get a better exchange rate when you exchange more money? I am going on holiday to Nice (southern france) and was wondering how to get the best exchange rate? I am going with 5 other friends and we need to exchange £320 each so £1920 all together (6*320). If we exchanged together would it be better? Or is it the same no matter how much you exchange? Also if you do get a better exchange rate with more money, how much do you need to exchange??? Would appreciate any answers, suggestions etc. : )
What is the real exchange rate between Canadian and Malaysian baskets of goods? Consider a basket of consumer goods. The basket of goods costs $100 in Canada. The same basket of goods costs 300 ringgit in Malaysia. The nominal exchange rate is 4 ringgit per dollar. 8.1. What is the real exchange rate between Canadian and Malaysian baskets of goods? A. 2.5 baskets of Malaysian goods per basket of Canadian goods B. 0.8 basket of Malaysian goods per basket of Canadian goods C. 1.3 baskets of Malaysian goods per basket of Canadian goods D. 1 basket of Malaysian goods per basket of Canadian goods
How do i check out Mastercard exchange rate used when i shop online? I shop through internet sometimes and i didn't know the exchange rate used when i shop...i asked my bank but they said that it wasn't the buy and sell rate, it's the mastercard (my credit card) rate, specific for shopping activities... i checked out at mastercard web...but no information about exchange rate... Can anyone help?...
What exchange rate should I use when I am doing my capital gain taxes? I bought and sold all my stocks during the last 3 months of 2007, when USD was very low. Should I use Bank of Canada's average for the year or should I calculate them based on which month I bought and which month I sold? Can I use the average exchange rate for the last 3 months of the year?
What are the parameters which will affect exchange rate between two currencies in the long term? Would like to know how to meanifully forecast exchange rate in between USD and Indian Rupee, both in abosulte terms and in PPT (purchasing power parity), say for next 30 years. I know this is little difficult question but any theoretical suggestions to calculate this would be useful. India is growing at 8% annually and is expected to continue at that pace. Inflation rate is around 5.5% in India.
Where can I get the best exchange rate for euros to pounds? I am going to London next week and would like to know where can I get the best exchange rate for euros to pounds in Lyon, France? I'm with Le Credit Lyonnaise, but don't really like their fees and am not sure how much they will charge for foreign atm withdrawals. Would it be better to change the money in London or in France?
How do I get the best exchange rate on my inheritance? I just got an inheritance from a relative in Canada. I have bank accounts with both RBC in Canada and Citizen's Bank in the US. What would be the best way for me to get a good exchange rate on this one-time transaction? Should I deposit the check at RBC and then transfer it to myself in the US, write a check, withdraw it in USD, or just deposit the CDN check directly into my US account? Or is there a better option?
Can you get a better exchange rate if you are exchanging large amounts of money? I am selling my house in Canada, however I live here in America. When I purchased my home I had to wire funds from my bank here to my canadian bank account and I had to take whatever the exchange rate was at the time. However someone once told me that if you exchange hundreds of thousands of dollars you should be able to get a better exchange rate than the typical one the bank sets. Does anyone know this to be true? Or have any advice on how I would go about finding out? Thanks.
How does the exchange rate work when one uses a credit card abroad? I'm watching a movie and the American is shopping in a shop in the UK and I was thinking about this if the character were to use a credit card. I'm sure that most major credit cards are accepted abroad, I was wondering how the exchange rate works when an American credit card is used.
Why might a government not want to have a fixed exchange rate? A. It is more difficult to compare prices with a fixed exchange rate. B. The government loses control over monetary policy for stabilization purposes when it must use the interest rate to control the exchange rate. C. If the country has typically had high inflation, fixing the exchange rate to a country with low inflation only brings higher inflation to the country that normally has low inflation.
If exchange rate system is using common currency,is it fixed or floating exchange rate system? If an exchange rate system is using common currency,is it a fixed or floating exchange rate system?Common currency is simply a monetary union/integration whereby the same legal tender is broadly accepted in a region of countries.For example,although the Euro is adopted, U.K retains its British Pound and floats it.Why is it that every article I visit online, says that a common currency system is a fixed exchange rate system?A region may use a common currency but still chooses to float its single country's currency and a central authority may still float the common currency right?
Which of the following best explains what happens to the exchange rate of a floating currency? 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.
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