Question

Each currency has a changing value relative to other currencies. This is referred to as a currency's

Answer 1

Answer:

exchange rate

Explanation:

When the conversion of money is done, it is done by certain rates and values of the currency. Each currency has a specific value to the other currency. The rates can be fixed, or they can be floating, which means the currency is changing constantly in accordance with the value, economic processes, regulations, etc.

The current rate at which one currency can be exchanged for another is called the exchange rate.

Answer 2

Answer:

A; Exchange Rate

Explanation:

Edge 2021