The party responsible for setting the currency exchange rate can vary by country; however, some countries have a government agency responsible for setting the exchange rate. The currency exchange rate is determined by su... More »

www.reference.com Business & Finance Currency & Conversions

A currency exchange rate is the price that one nation's currency costs in another nation's currency that week; the amount that a given currency can be exchanged for in another currency, according the United States Federa... More »

www.reference.com Business & Finance Currency & Conversions

A live currency exchange rate is the up-to-the-minute price of one nation's currency in terms of another nation's currency. Currencies are traded on the foreign exchange market, or FOREX market. More »

www.reference.com Business & Finance Currency & Conversions

A part of the global floating exchange system, the Canadian dollar is affected by the exchange rate in which one currency is exchanged for another, says Mapleleafweb. Several factors affect the value of the Canadian doll... More »

www.reference.com Business & Finance Currency & Conversions

Banks exchange currency by selling customers one type of currency in exchange for another, based on the exchange rate for those currencies. For instance, with a currency exchange rate from the American dollar to the Brit... More »

www.reference.com Business & Finance Currency & Conversions

Countries that don't use a national currency are not normally listed on a foreign exchange rate chart, as shown by Trading Economics' list of countries with the respective exchanges rates for major markets. An example of... More »

www.reference.com Business & Finance Currency & Conversions

An exchange rate is the value of one currency when measured against the currency of a foreign country, according to Investopedia. To determine the exchange rate, the calculations require both the domestic and the current... More »

www.reference.com Business & Finance Currency & Conversions