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BARSIC [14]
3 years ago
10

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

History
2 answers:
777dan777 [17]3 years ago
7 0

Answer:

exchange rate

Explanation:

When the conversion of money is done, it is done by certain rates and values of the currency. <u>Each currency has a specific value to the other currency.</u> 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.

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

dusya [7]3 years ago
6 0

Answer:

A; Exchange Rate

Explanation:

Edge 2021

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