The worth of one currency in terms of another currency can be determined using the exchange
rate that is determined by the market. On 11th may, 2009:
1 euro = 1.3578 US dollars
So 32
Euros = 1.3578 × 32
= $US 43.4496
This means that Euros are stronger than US dollars and you can exchange lesser Euros
for more dollars.
rate that is determined by the market. On 11th may, 2009:
1 euro = 1.3578 US dollars
So 32
Euros = 1.3578 × 32
= $US 43.4496
This means that Euros are stronger than US dollars and you can exchange lesser Euros
for more dollars.