Discussion of Forex Trading and Currency Trading

what determines how much of one country’s currency, is worth in another country?

For example, what determines how many Indian rupees u can get if u take a dollar to the exchange over there? Some yrs, its 9 or 10 rupees, but ever since I can remember, the amount has been thirty or higher. So what determines the value of currency from one country to the next? thanks for answering.

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This entry was posted on Thursday, January 28th, 2010 at 5:22 am and is filed under Currency Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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2 Responses to “what determines how much of one country’s currency, is worth in another country?”

  1. Anna3 Says:
    January 28th, 2010 at 5:22 am

    The gross domestic product and the gross national product, in other words the trades that are done. also how much money the nation prints. you might not have heard of this but our american dollar reprosents gold. and for example you go to the national bank and say i want to exchange more dollar for gold they give you that ammount. but if the country over prints then you will get less gold that you got before. if you heard about germany after world war one they over printed their money and consequently had their currency drop steeply and we all know what resulted after that.

  2. JRome3 Says:
    January 28th, 2010 at 5:22 am

    Currency exchange rates vary daily depending on several factors like the strength of the countries economies relative to each other, interst rates, inflation, etc.
    this site has the currency exchange rates at the bottom
    http://kitco.com

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