Share market value of the shares of any rule against the country's currency will be determined . For example, our market share is determined at a share price . The forex market is impossible to determine the value of any country's currency or currencies . Just can not have any value in the euro or the dollar.
This is why the Forex market is trading in the currency pair .
For example , EUR / USD ( Euro / uesadi), a currency pair. Currently 1 EUR / USD = 1.4434. This means that 1 euro you will receive 1.4434 dollars . Oh , forgot to say , USD = United States Dollar or USD. Put simply, what we know as the dollar .
Let's have a look at some other currency peyarah
1 AUD / USD = 1.0543, which means you get 1 Australian dollar to 1.0543 US dollars.
1 GBP / USD = 1.6422, means that 1 pound you will find 16422 USD.
1 NZD / USD = 0.8177, which means with 1 New Zealand Dollar 0.8177 USD pabenaca
1 USD / JPY = 80.29, which means $ 1 you will find 8029 Japanese Yen.
1 EUR / JPY = 115.91, 115.91 Japanese yen means you get 1 euro.
This is why the Forex market is trading in the currency pair .
For example , EUR / USD ( Euro / uesadi), a currency pair. Currently 1 EUR / USD = 1.4434. This means that 1 euro you will receive 1.4434 dollars . Oh , forgot to say , USD = United States Dollar or USD. Put simply, what we know as the dollar .
Let's have a look at some other currency peyarah
1 AUD / USD = 1.0543, which means you get 1 Australian dollar to 1.0543 US dollars.
1 GBP / USD = 1.6422, means that 1 pound you will find 16422 USD.
1 NZD / USD = 0.8177, which means with 1 New Zealand Dollar 0.8177 USD pabenaca
1 USD / JPY = 80.29, which means $ 1 you will find 8029 Japanese Yen.
1 EUR / JPY = 115.91, 115.91 Japanese yen means you get 1 euro.
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