Exchange Rates

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Exchange Rates

Exchange Rates0Every country uses a different currency. So, when traveling to another country, you’ll need to use that country’s currency to buy things. You can exchange your money for the local one at the current rate.

An exchange rate shows how much one country’s money is worth compared to another’s. Exchange rates can change every day! Factors like supply and demand, economic conditions, and government policies can influence them.

Amelia Moon
Staff Reporter