Homework on Exchange Rate?
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In finance, the exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other. For example an exchange rate of 120 Japanese yen (JPY, ¥) to the United States dollar (USD, $) means that JPY 120 is worth the same as USD 1. The foreign exchange market is one of the largest markets in the world. By some estimates, about USD 2 trillion worth of currency changes hands every day.\n\nThe spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.\n\nQuotations\nAn exchange rate quotation is given by stating the number of units of a price currency that can be bought in terms of 1 unit currency. For example, in a quotation that says the EUR-USD exchange rate is 1.2 USD per EUR, the price currency is USD and the unit currency is EUR.\n\nQuotes using a country's home currency as the price currency (e.g., £0.574744 = $1 in the UK) are known as direct quotation or price quotation (from that country's perspective) ([1]) and are used by most countries.\n\nQuotes using a country's home currency as the unit currency (e.g., $1.73990 = £1 in the UK) are known as indirect quotation or quantity quotation and are used in British newspapers and are also common in Australia, New Zealand and Canada.\n\ndirect quotation: Home Currency / Foreign Currency \nindirect quotation: Foreign Currency / Home Currency \nNote that, using direct quotation, if a unit currency is strengthening (i.e., appreciating, or becoming more valuable) then the exchange rate number increases. Conversely if the price currency is strengthening, the exchange rate number decreases and the unit currency is depreciating.\n\nWhen looking at a currency pair such as EUR/USD, many times the first component (EUR in this case) will be called the base currency. The second is called the counter currency.\n\nFree or pegged\nMain article: Exchange rate regime \nIf a currency is free-floating, its exchange rate is allowed to vary against that of other currencies and is determined by the market forces of supply and demand. Exchange rates for such currencies are likely to change almost constantly as quoted on financial markets, mainly by banks, around the world. If the value of the currency is "pegged" its value is maintained by the government in question at a fixed rate relative to the other currency. For example, in 1983 the Hong Kong dollar was linked to the United States dollar.\n\nNominal and real exchange rates\nThe nominal exchange rate is the rate at which an organization can trade the currency of one country for the currency of another. \nThe real exchange rate is an important concept in economics though difficult to grasp in reality. The real exchange rate is defined as rer=e(P/P*) where e is the exchange rate as number of foreign currency units per home currency unit and P is the price level of the home country and P* the foreign price level. \nUnfortunately, in real life there is not just one foreign currency and not just one price level -so the calculation of the real exchange rate gets more complex. Further, the above definition is based on purchasing power parity (PPP) which implies a constant real exchange rate which could not be verified empirically. PPP would imply that i.e. the real exchange rate was the rate at which an organization can trade goods and services of one country for those of another. For example, say the price of a good increases 10% in the UK, and there is also a 10% appreciation in the Japanese currency against the UK currency, the price of the good remains constant for someone in Japan despite increase in price for people in the UK. In cases where tariffs become an issue, this would be less the case. More recent approaches try to model the real exchange rate by a set of macroeconomic variables such as
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Exactly $60.66 if you want to know any others you can go to concierge.com and click on their tools link and there will be a link for currency converter.
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go to yahoo curency exchange rates, because the rates are always changing
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There are spot exchange rates, what someone exchanges at the moment (these actually have little effect)\nThere are future exchange rates which is included in a contract my companies of different countries.  Such as British Company is selling an asset to American Company for 100,000 Pounds due in 30 days.  The equivalent price of the asset in dollars to the 100,000 pounds is the exchange rate.  These types of exchange rates typically make up the rate.\n\nThese two things make up the current exchange rate showing its intense variablity.\n\nTrying to make a model to determine exchange rates has led to many flaws using prices, real and nominal rates, and inflation in order to determine them.
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$84,688.34\n\n$1 USD = 118.10 ¥en
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This might help you:\nhttp://oanda.com/convert/fxhistory
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Around one pound. The exchange rate is around 100 USD= 57/56 pounds.
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I keep this site on my "Favorite Places" when I have questions like yours.\n\nhttp://www.x-rates.com/calculator.html\n\nThe x-Rates stands for exchange rates. It will be ok to open it with tour children, parents or paster in the room. ;-)
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Use this...\n\nhttp://www.oanda.com/convert/fxhistory
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Conversion Table: USD to INR (Interbank rate) \n03/29/2006 44.64560 \n03/30/2006 44.68730 \n03/31/2006 44.61760 \n04/01/2006 44.65520
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The exchange rate on the date that goods or services are received should be used, regardless of the invoice date or the date paid.\n\nAny difference in FX rates between date received & paid is a forex gain or loss.
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http://www.oanda.com/convert/fxhistory\n\nHi, this page should help.  You can plug in the type of currency and the dates you need the conversion for.\n\nHave a great day :)
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Trading in the currency of other countries.
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I know nothing about exchange rate from US dollar, but I know prices in US dollars\nIt is between 750$ to 2500$ depends on specifications
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Hi. I believe your "$" refers to the US Dollar. In that case, the current exchange rate is at \n\n49.00 USD = 2,246.94 India Rupees\n\n(The current exchange rate of $1 = 45.8558 INR or 1 INR = 0.0218075 USD)\n\nThis is as of May 25, 2006 1600H
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dollar on a string\n\nlol
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i'll give you the basic syntax..fill in the rest yourself\n\n#include<iostream.h>\n#include<conio.h>\n#include<stdio.h>\n\nvoid main()\n{\n  clrscr();\n   cout<<"&#92;t&#92;t Currency converter "<<endl;\n  cout<<"&#92;n 1) US dollars to peso "<<endl;\n  cout<<"&#92;n 2) US dollars to Euros "<<endl;\n  cout<<"&#92;n 3.........  "<<endl;\n  cout<<"&#92;n 4 ..... "<<endl;\n .....................................\n........................................\ncout<<"&#92;n enter your choice ";\ncin>>choice;\n\nswitch(choice)\n  {\n     case 1:\n       clrscr();\n        cout<<"&#92;n enter the amount in US dollars you want to convert to pesos ";\n      cin>>amount;\n      cout<<"&#92;n&#92;n "<<amount<<" dollars are equal to "<<amount*9.32 <<" pesos "<<endl;\n     break;\n     case 2 :\n        clrscr();\n        cout<<"&#92;n enter the amount in US dollars you want to convert to Euros ";\n....................................\n ...........................\n   case 3:\n ...................................\n...\n\ndefault :\n   cout<<"&#92;n invalid choice...";\n   exit(0);\n   }\n\ngetch();\n   \n\n}