An exchange rate tells you

History

1 answer:

Mrrafil [7]2 years ago

6 0

Answer:

Exchange rates tells us the amount of one's currency that you can exchange for another.

Take it as an example,

the dollar's exchange rate tells you how much a dollar is worth in a foreign currency. You would get a little less than the exchange rate as the banks charge their service fee. Conversely, a pound was worth $1.31.

hope this has helped you !

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