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January 27, 2012
4.346 EUR UE euro
3.306 USD US dollar
0.043 JPY Japanese yen
2.222 BGN Bulgarian lev
0.173 CZK Czech koruna
0.585 DKK Danish krone
5.193 GBP Pound sterling
0.015 HUF Hungarian forint
1.259 LTL Lithuanian litas
6.216 LVL Latvian lats
1.030 PLN Polish zloty
1.000 RON New Romanian leu
0.488 SEK Swedish krona
3.598 CHF Swiss franc
0.568 NOK Norwegian krone
0.574 HRK Croatian kuna
0.109 RUB Russian rouble
1.858 TRY Turkish lira
3.526 AUD Australian dollar
1.897 BRL Brasilian real
3.310 CAD Canadian dollar
0.524 CNY Chinese yuan renminbi
0.426 HKD Hong Kong dollar
0.000 IDR Indonesian rupiah
0.881 ILS Israeli shekel
0.067 INR Indian rupee
0.003 KRW South Korean won
0.256 MXN Mexican peso
1.088 MYR Malaysian ringgit
2.725 NZD New Zealand dollar
0.077 PHP Philippine peso
2.636 SGD Singapore dollar
0.106 THB Thai baht
0.426 ZAR South African rand
Cursul.EU - Currency Exchange Rates - EUR / RON / USD - Curs Schimb Valutar
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Exchange Rate

An exchange rate is the price of a country's currency in terms of another country's currency.

Price of one country's money in relation to another's. Exchange rates may be fixed or flexible. An exchange rate is fixed when two countries agree to maintain a fixed rate through the use of monetary policy. Historically, the most famous fixed exchange-rate system was the gold standard; in the late 1850s, one ounce of gold was defined as being worth 20 U.S dollars and 4 pounds sterling, resulting in an exchange rate of 5 dollars per pound. An exchange rate is flexible, or "floating," when two countries agree to let international market forces determine the rate through supply and demand.

Price at which one country's currency can be converted into another's. The exchange rate between the U.S. Dollar and the British pound is different from that between the dollar and the German mark, for example. Most exchange rates float freely and change slightly each trading day; some rates are fixed and do not change as a result of market forces.

The price of one country's currency expressed in another country's currency. In other words, the rate at which one currency can be exchanged for another. For example, the higher the exchange rate for one euro in terms of one yen, the lower the relative value of the yen.

An exchange rate is the current market price for which one currency can be exchanged for another. If the U.S. exchange rate for the Canadian Dollar is $1.60, this means that 1 American Dollar can be exchanged for 1.6 Canadian dollars.

The price of a currency expressed in terms of another currency.

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