how to evaluate a country's currency?

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how to evaluate a country's currency?

2006-08-13 18:59:19 · 2 answers · asked by avian immune memory 2 in Business & Finance ➔ Other - Business & Finance

2 answers

You need to learn economics to answer this question. The value of a currency is affected by numerous factors like balance of payment position, reserves, general market conditions, demand for the currency etc..

2006-08-13 21:56:45 · answer #1 · answered by king_con 3 · 0⤊ 0⤋

I'm not sure what you mean by your question, but at any moment you can check a foreign currency's value against your own currency by using a Currency Exchange Calculator like this one:
http://www.seniority.co.uk/contributions/travel/moneyconversion/ne:

2006-08-14 02:05:47 · answer #2 · answered by Hi y´all ! 6 · 0⤊ 0⤋