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What is a exchange rate
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What is a exchange rate

User MatBos
by
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2 Answers

3 votes

Answer:

The value of one currency for the purpose of conversion to another

Step-by-step explanation:

Simplified, Price of one currency in terms of another currency.

or

How much a currency is worth when it's exchanged with another country.

They all mean the same thing. hope this helps

User Allie Hoch Janoch
by
7.0k points
3 votes

Answer:

the value of one currency for the purpose of conversion to another.

Step-by-step explanation:

User Steven Graham
by
8.1k points
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