CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Money Calculation

The value nee...

Question

The value needed to convert one form of currency to another is known as ___ rate.

Open in App

Solution

It is the price of the nation's currency with respect to another country. It is useful for proper conversion of a nation's currency to another, avoiding confusion.

Suggest Corrections

thumbs-up

0

Similar questions

Q. The value needed to convert one form of currency to another is known as rate.

Q. The rate at which the currency of one country is converted into another currency is called __________.

Q. Price of one currency in relation to other currencies in the international exchange market is known as rate.

Q. The rate at which one currency will be exchanged for another is called a (an) ___ rate.

Q. What is the term used for a deliberate downward adjustment to the value of a country's currency, relative to another currency, group of currencies or standard?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Money Calculation

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Money Calculation

Standard IV Mathematics

Join BYJU'S Learning Program

CrossIcon