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What Are Exchange Rate "factors" ? |
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Answer» Exchange Rate factors are the RELATIONSHIPS between ONE CURRENCY and ANOTHER to which an exchange rate is applied. For example you may define the Indonesia Rupiah to US$ factor as 10000 : 1. Combined with an exchange rate of 0.95 this would EQUATE to 9500 IDR to 1 USD. Exchange Rate factors are the relationships between one currency and another to which an exchange rate is applied. For example you may define the Indonesia Rupiah to US$ factor as 10000 : 1. Combined with an exchange rate of 0.95 this would equate to 9500 IDR to 1 USD. |
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