https://padlet.com/srp19072000/evb8laiujkf4 Knowledge of money en-us 2019-11-23 18:43:50 UTC 2025-10-25 14:12:03 UTC hello@padlet.com srp19072000 https://padlet.com/srp19072000/evb8laiujkf4/wish/415695173 Welcome to Padlet wall. Here, in this wall I am going to give a brief description on exchange rate. to be specific, I am going to cover few questions on exchange rate as; What is Exchange rate? How does it work? What is its importance? What are the different types of Exchange rate, etc. So, starting from meaning of the Exchange rate, it defines the rate in the market in which the currency of one country is to be exchanged and converted into the other country's currency. ]]> 2019-11-23 18:47:38 UTC https://padlet.com/srp19072000/evb8laiujkf4/wish/415695173 srp19072000 https://padlet.com/srp19072000/evb8laiujkf4/wish/415696989 This below posted image describes the buying and selling rate in the market according to their respective countries. For an instance; USA has its currency of dollar which has its fixed buying and selling rate as 29.75 and 30.55 respectively. Similarly, Australia consists of 31.68 dollar as its buying price and stands at 32.85 wage as the selling rate in the finance. ]]> 2019-11-23 19:00:52 UTC https://padlet.com/srp19072000/evb8laiujkf4/wish/415696989 srp19072000 https://padlet.com/srp19072000/evb8laiujkf4/wish/415697873 The picture states the types of exchange rate risk's can occur. This post mainly focuses on three different type of risks during foreign exchange. the types are; Transaction risk, Translation risk and Economic risk. Out of them, I think that Transaction and Translation risks are almost similar because they each describes the same reason as when a company receives the different currency rather than the operating currency. At last, economic risk are the simple reasons that changes in the market value during the exchange rate.]]> 2019-11-23 19:07:25 UTC https://padlet.com/srp19072000/evb8laiujkf4/wish/415697873 srp19072000 https://padlet.com/srp19072000/evb8laiujkf4/wish/415701706 This cite displays the statistics of the Bank of Canada. It represents various types of rates including; exchange rate and interest rate. Exchange rate includes daily exchange rates, monthly exchange rates, annual exchange rates, currency converter and many more. Similarly, Interest rate includes; Canadian interest rates, Canadian bonds, Key interest rate lookup, daily exchange rates lookup, etc. This bank has its own pdf describing the exchange rate of currencies between the country Canada and Us and bunch of other countries.]]> 2019-11-23 19:34:36 UTC https://padlet.com/srp19072000/evb8laiujkf4/wish/415701706 srp19072000 https://padlet.com/srp19072000/evb8laiujkf4/wish/415703374 This website expresses 8 leading factors which determines the alteration in exchange rate along with explaining the reasons behind this disruption in the market value. Names of the factors are; 1. Inflation, 2. Interest Rate, 3. Country's current account/Balance of payments, 4. Government debt, 5. Terms of trade, 6. Political stability and performance, 7. Recession, 8. Speculation. ]]> 2019-11-23 19:42:46 UTC https://padlet.com/srp19072000/evb8laiujkf4/wish/415703374 srp19072000 https://padlet.com/srp19072000/evb8laiujkf4/wish/415705298 This cite mainly focuses on the various types of exchange rate available in the market including its advantages and its disadvantages. Some of them are: fixed rate, Flexible rate, Forward rate, Spot rate and Dual rate. Some of them have more advantages whereas, on the other side some consists of maximum disadvantages. As I looked in the fixed rate I was much interested in the advantages of that explaining the benefits of looking attractive for the foreign investors to invest in it. ]]> 2019-11-23 19:57:28 UTC https://padlet.com/srp19072000/evb8laiujkf4/wish/415705298 srp19072000 https://padlet.com/srp19072000/evb8laiujkf4/wish/415707029 This cite reports the importance of exchange rate. It also covers the part of buying and selling rate of each individual country. Moreover, also defines the reasons behind the variation of the different types of rates. Also, I understand the knowledge behind the question that Why do they move so frequently? and Why do this matter to us?]]> 2019-11-23 20:11:33 UTC https://padlet.com/srp19072000/evb8laiujkf4/wish/415707029 srp19072000 https://padlet.com/srp19072000/evb8laiujkf4/wish/415709408 The below uploaded video describes the effects of changes in foreign exchange rate. It explains two type of currency being used namely; functional currency- meaning, company operates the same currency and uses it to target the market value. Whereas, presentation currency- currency in which the finance is to be represent. With of the help of 3 countries currency it is being tried to make us understand about the different transactions occurring in the market.]]> 2019-11-23 20:30:21 UTC https://padlet.com/srp19072000/evb8laiujkf4/wish/415709408 srp19072000 https://padlet.com/srp19072000/evb8laiujkf4/wish/415712134 This video states the advantages and disadvantages of floating and fixed exchange rate system. I think that after seeing this video I get to know about the benefit of floating exchange rate system in which we don't have to worry about the interest rate to manage exchange rate. However, in fixed rate it is necessary to have fixed interest rate to manage exchange rate. So, this video gives really a very good understanding towards the pros and cons of floating and fixed exchange rate systems. ]]> 2019-11-23 20:49:37 UTC https://padlet.com/srp19072000/evb8laiujkf4/wish/415712134 srp19072000 https://padlet.com/srp19072000/evb8laiujkf4/wish/415713711 This video informs us about the working process of the exchange rate system. Also explains few factors which affects the value of currencies in countries around the world. It describes the ways of getting the exchange rate more proficiently, they uses the floating exchange rate system, fixed exchange rate system and manage exchange rate system. ]]> 2019-11-23 21:01:36 UTC https://padlet.com/srp19072000/evb8laiujkf4/wish/415713711 srp19072000 https://padlet.com/srp19072000/evb8laiujkf4/wish/415715082 This video describes the meaning, definition and explanation of the Exchange rate system with the help of two country's currency as; Japanese- yen and US- dollar. It helped me a lot in understanding the real concept of Exchange rate in the finance system. ]]> 2019-11-23 21:12:23 UTC https://padlet.com/srp19072000/evb8laiujkf4/wish/415715082 srp19072000 https://padlet.com/srp19072000/evb8laiujkf4/wish/415717257 1. As my topic "EXCHANGE RATE". It mainly focuses on the theory of converting one currency into another including fluctuating market value. I was astonished and surprised about the working process of this system. 
2. By comparing this topic to my real life, I had experienced in depth about this system as, basically I am from India so I am used to with my currency of "rupees" however, when I came to Canada I had to convert the currency of Indian rupees to a Canadian dollar. thus, at this time exchange rate system helped me. 
3. The thing which I would like to pass on to my family members and my friends is; to make sure about the current value going on in the market and to take prevention from the risks of this Exchange rate system. ]]> 2019-11-23 21:29:03 UTC https://padlet.com/srp19072000/evb8laiujkf4/wish/415717257