How To Calculate

Learn how to calculate anything
Menu
  • bmi
Home
rate
How to Calculate Exchange Rate.
rate

How to Calculate Exchange Rate.

Rosemary Njeri

An exchange rate is the value of a country’s currency versus that of another country or economic zone. Most exchange rates are free-floating and will rise or fall based on supply and demand in the market.

The exchange rate plays an important role for country’s when exporting goods and import raw materials.

Formula to calculate exchange rate.

Calculate Exchange Rate.

Example:

If we exchange $100 and for euros,we get €80 back. Calculate the exchange rate.

 Calculate Exchange Rate.

Therefore, the exchange rate is 1.25.

Share
Tweet
Reddit
Pinterest
Email
Prev Article
Next Article

Related Articles

How to Convert Decimal to Binary.
In computing, binary (or base-2) is a numeric system that …

How to Convert Decimal to Binary.

How to Calculate AC for a Room.
When we speak of size in reference to air conditions, …

How to Calculate AC for a Room.

Leave a Reply Cancel Reply

Popular Posts

  • 5 Best AI Apps for Solving Complex …
    March 22, 2023 0

Categories

learntocalculate.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

How To Calculate

Learn how to calculate anything

Pages

  • About Us
  • Contact Us
  • Privacy Policy
Copyright © 2023 How To Calculate

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

Refresh