What determines the exchange rate of the euro when changing euros to sterling?

Aggregate supply and demand of the two currencies will ultimately determine the exchange rate.

How does the exchange rate work???

e.g; why is the pound worth nearly double the dollar???

How does the exchange rate work???

In 1900, the pound was worth 10 dollars! But people want dollars more than pounds, so they%26#039;re more valuable. They want dollars more than before because:

a) they want to buy stuff from the USA;

b) they want to invest in the USA;

b) they think dollars will be a good investment - i.e. they%26#039;ll be worth more than 50p in the future.

What is current exchange rate in magaluf?

Any particular currency?

What is current exchange rate in magaluf?

For euros, its about 1.25 which is not great at all! and its going to continue to go down

Whats the current exchange rate for the u.s. dollar versus the Mexican peso?

11.09 pesos

Whats the current exchange rate for the u.s. dollar versus the Mexican peso?

One US dollar buys 700 chickletts.

Whats the current exchange rate for the u.s. dollar versus the Mexican peso?

.................................

1.00 USD --------------------------------11.0072 MXN

United States Dollars Mexico Pesos

1 USD-------------11.0072 MXN 1 MXN------------ 0.0908495 USD

one us dollar is 11 pesos and seven cents

Whats the current exchange rate for the u.s. dollar versus the Mexican peso?

1 USD Apr 5 11.009 PESOS

Whats the current exchange rate for the u.s. dollar versus the Mexican peso?

Pi*s Off

Whats the current exchange rate for the u.s. dollar versus the Mexican peso?

wrong section

How is the exchange rate between the dollar and the pound figured out?

there are foreign exchange markets.they trade the currency..............the rate is what people are willing to pay for either currency at a given moment in time.........(FOREX)

Currency, price, and exchange rate plays a critical role in international business. Clarify this sta

When someone from country A buys something from someone in country B, person A%26#039;s money is first converted into the currency of country B, and then the product is purchased. If A buys more from B than B buys from A, the demand for B money relative to A money is greater, and the price of B%26#039;s currency has a tendency to rise relative to A%26#039;s currency. Example: the US buys more goods from China than China buys from the US. This makes pressure for the Chinese currency to rise relative to dollars, but the Chinese government prevents the appreciation of their currency relative to the dollar, in part by purchasing US debt, in the form of US government bonds. This keeps the price of their goods cheap.

Currency, price, and exchange rate plays a critical role in international business. Clarify this statement.?

Things related with money affect international business between countries. Business needs money to work. So... I guess... things that need money to work are affected by the things related to it?

How is the exchange rate for currencies determined? Is there some formula for it?

One dollar is equivilant to 46 rupees. How did this figure come?

How is the exchange rate for currencies determined? Is there some formula for it?

This figure is set by international currency markets. The link below will take you to a chart showing how the exchange rate has fluctuated between 44 and 55 over the past five years.