contestada

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

O exchange rate
O currency value
O exchange value
O currency rate

Respuesta :

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.

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

What is exchange rate?

Exchange rate is the rate at which one currency is exchanged for another currency. For example, the exchange rate of dollar to yen is 127.82 Japanese Yen. This means that $1 buys 127.82 yen.

To learn more about exchange rate, please check: https://brainly.com/question/25780725

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