I'm totally confused with foreign exchange rates. What does it mean when the rate is lower than the dollar like the euro at 0.752158 to the dollar at 1.000000? Does that mean that it is worth more or less?
2006-12-10 06:41:52 · 4 answers · asked by huntress1327 2 in Social Science ➔ Economics
It also says the yen is 115.2. So what does that mean?
2006-12-10 07:00:37 · update #1
That means one dollar will buy you .75 euro cents. Right now the dollar is less than the Euro. I live in Europe and it sucks for buying stuff. Here is a rate chart for FYI--
http://www.xe.com/ucc/
2006-12-10 06:48:33 · answer #1 · answered by lorraineca 2 · 0⤊ 0⤋
less cause anerican $ is worth more than any other countrys
2006-12-10 06:50:12 · answer #2 · answered by Julie 4 · 0⤊ 0⤋
http://finance.yahoo.com/currency
2006-12-10 06:49:32 · answer #3 · answered by Vikram Raj V 3 · 0⤊ 0⤋
there are several websites, here's one of them http://www.gocurrency.com/
2006-12-10 06:50:25 · answer #4 · answered by BleedingAngelSecretWounds 2 · 0⤊ 0⤋