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The Exchange Rate One U.S.D VS other Country's currency -Highest Value against US Dollar.

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The Exchange Rate One U.S.D VS other Country's currency -Highest Value against US Dollar.

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What is Exchange Rate?

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The exchange rate is the value, at which one country's currency may be converted into another country's currency. The exchange rate is normally used when one currency converting to another currency for the purposes of the visit to another country, or for engaging in speculation or trading in the foreign exchange market.

Today we will see Exchange Rate One U.S.D VS other Country's currency (Lowest Value against US Dollar). For example, if we exchange 1 US Dollar ($) into Indian Rupee (INR), then the value is 75.82 Indian Rupee.
Or
If we exchange 1 US Dollar ($) into Japanese Yen, then the value is 111.18 Japanese Yen

There are so many factors that influence the exchange rate, such as interest rates, inflation, and the state of politics and the economy in each country. In finance, an exchange rate also known as a foreign-exchange rate, forex rate, FX rate between two currencies is the rate at which one currency will be exchanged for another.

To know more please see the full video.

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Music: Youtube Audio Library,
Source: World Bank Data
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