Kategóriák: Minden - currency - exchange - energy - conversion

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Sample Mind Map

Various countries have their own unique currencies, which play a crucial role in their economies. For instance, Colombia uses Colombian pesos, the USA uses the dollar, and many European countries use the Euro.

Sample Mind Map

Foreign Currency

Key words

Foreign exchange
Foreign exchange is the exchange of one currency for another or the conversion of one currency into another currency
Ratio Exchange
the value of one currency for the purpose of conversion to another.
Currency
in the most specific use of the word, refers to money in any form when in actual use or circulation as a medium of exchange
Foreign:
of, from, in, or characteristic of a country or language other than one's own.

What is?

Why we need to use the foreign currencies?