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KatRina [158]
3 years ago
6

An exchange rate tells you

History
1 answer:
Mrrafil [7]3 years ago
6 0

Answer:

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

<em>Take it as an example,</em>

<em> 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.</em>

<em>hope this has helped you !</em>

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