currency exchange - Site Owners Forums

Mohamed Med · 11-05-2017, 01:59 PM

The currency price of one country gets stronger and/or weaker against another country’s currency on a daily basis, but what exactly does that mean for those who don’t trade in the forex market? Currency exchange rates affect travel, exports, imports and the economy. In this article, we’ll discuss the nature of currency exchange and its effect on people and the economy. Before delving into the topic in more detail, we must first establish a constant; for demonstration purposes we will be talking about the relationship between the euro and the U.S. dollar. More specifically, we will be talking about what happens to the U.S. economy and to the economies of Europe if the euro trades markedly higher against the U.S. dollar. The assumption we will be making is that US$1 will purchase 0.7 euros. The Impact on Travelers If US$1 buys 0.7 euros, U.S. citizens will be more reluctant to travel across the pond. That’s because everything from food to souvenirs would be more expensive - about 43% more expensive than if the two currencies were trading at parity. This is an illustration of the effect of the purchasing power parity (PPP) theory. The impact that this scenario would have on corporations (particularly large multi-nationals) is a little more complex because these businesses often conduct transactions in a number of different currencies and tend to obtain their raw materials from a wide variety of sources. That said, U.S.-based companies that generate the majority of their revenue in the U.S. (but that source their raw materials from Europe) would likely see their margins take a hit on higher costs. 55251

https://www.x-crypto.com

jackbrain · 11-06-2017, 04:39 AM

Currency Converter. Terms and Conditions. All Bank of Canada exchange rates are indicative rates only, obtained from averages of aggregated price quotes.

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SalomonI · 01-18-2018, 12:28 PM

I agree about foreign exchange rates affect travel, exports, imports and the economy in general

11-05-2017, 01:59 PM	#1
Mohamed Med Registered User Join Date: Oct 2017 Posts: 72	currency exchange The currency price of one country gets stronger and/or weaker against another country’s currency on a daily basis, but what exactly does that mean for those who don’t trade in the forex market? Currency exchange rates affect travel, exports, imports and the economy. In this article, we’ll discuss the nature of currency exchange and its effect on people and the economy. Before delving into the topic in more detail, we must first establish a constant; for demonstration purposes we will be talking about the relationship between the euro and the U.S. dollar. More specifically, we will be talking about what happens to the U.S. economy and to the economies of Europe if the euro trades markedly higher against the U.S. dollar. The assumption we will be making is that US$1 will purchase 0.7 euros. The Impact on Travelers If US$1 buys 0.7 euros, U.S. citizens will be more reluctant to travel across the pond. That’s because everything from food to souvenirs would be more expensive - about 43% more expensive than if the two currencies were trading at parity. This is an illustration of the effect of the purchasing power parity (PPP) theory. The impact that this scenario would have on corporations (particularly large multi-nationals) is a little more complex because these businesses often conduct transactions in a number of different currencies and tend to obtain their raw materials from a wide variety of sources. That said, U.S.-based companies that generate the majority of their revenue in the U.S. (but that source their raw materials from Europe) would likely see their margins take a hit on higher costs. 55251 https://www.x-crypto.com

11-06-2017, 04:39 AM	#2
jackbrain Registered User Join Date: Nov 2017 Posts: 31	Currency Converter. Terms and Conditions. All Bank of Canada exchange rates are indicative rates only, obtained from averages of aggregated price quotes. __________________ To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. \| *To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.* \| To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

11-09-2017, 07:10 AM	#3
Appstore Registered User Join Date: Oct 2017 Posts: 68	good post i like much imo for pc imo for pc imo for pc imo app imo apk imo download download imo snaptube for pc snaptube for pc snaptube apk Gesture App Lock App Faker Pattern App Lock FingerPrint App Lock callername Announcer SPY-PHONE Gesture Lock screen Download Gesture Lock Screen Last edited by Appstore; 11-09-2017 at 07:10 AM.. Reason: tj

01-18-2018, 12:28 PM	#4
SalomonI Registered User Join Date: Jan 2018 Posts: 179	I agree about foreign exchange rates affect travel, exports, imports and the economy in general __________________ See To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. Last edited by SalomonI; 01-18-2018 at 10:07 PM..

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