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0 votes
What is a exchange rate

asked
User MatBos
by
7.7k points

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

3 votes

Answer:

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

Step-by-step explanation:

answered
User Steven Graham
by
9.6k points

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