{"id":27616,"date":"2015-03-31T04:40:04","date_gmt":"2015-03-31T04:40:04","guid":{"rendered":"http:\/\/vskills.in\/certification\/blog\/?p=27616"},"modified":"2024-04-03T13:22:53","modified_gmt":"2024-04-03T07:52:53","slug":"exchange-rate","status":"publish","type":"post","link":"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/","title":{"rendered":"Exchange Rate; valuation of a currency"},"content":{"rendered":"<p style=\"text-align: center\"><a ref=\"magnificPopup\" href=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Exchange-Rate.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-27638\" src=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Exchange-Rate.jpg\" alt=\"Exchange Rate\" width=\"242\" height=\"208\" \/><\/a><\/p>\n<p>The exchange rate is basically the value of one currency in terms of another. It is the rate at which one currency will be exchanged for other. For example, an exchange rate of\u00a0 62 Indian rupees (INR) to the United States dollar means that Rs. 62 will be exchanged for 1 US$.<\/p>\n<p>An exchange rate helps each currency to have its own currency, which is different from its trading partners and yet carry out trade freely in the international market. If the exchange rate changes in a way so that 1 US$ can buy more INR, then it is said that INR has depreciated.For example , if instead of 62 INR, 1 US$can buy 65 INR, then the value of INR has depreciated. On the other hand, if 1US$ can buy less amount of INR, then the INR has appreciated. For example, if 1 US$ can buy 56 INR, then INR has appreciated.<\/p>\n<p>Exchange rates can be fixed or floating. It is also known as pegged exchange rate.\u00a0 In a fixed exchange rate, the central bank sets an official exchange rate . The central bank also buys and sells its own currency in order to maintain the exchange rate.A floating exchange rate is determined by the market through\u00a0 demand and supply. A floating exchange rate is also referred to as &#8220;self-correcting&#8221; as any differences in demand and supply be automatically corrected by the market.<\/p>\n<p><a href=\"http:\/\/www.vskills.in\/certification\/accounting-banking-and-finance\">Click here for government certification in Accounting, Banking &amp; Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The exchange rate is basically the value of one currency in terms of another. It is the rate at which one currency will be exchanged for other. For example, an exchange rate of\u00a0 62 Indian rupees (INR) to the United States dollar means that Rs. 62 will be exchanged for 1 US$. An exchange rate&#8230;<\/p>\n","protected":false},"author":855,"featured_media":27638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[1519],"tags":[2647,2878,2119],"class_list":["post-27616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting-banking-and-finance","tag-currency","tag-exchange-rate","tag-value"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Exchange Rate; valuation of a currency - Vskills Blog<\/title>\n<meta name=\"description\" content=\"What do you mean by the Exchange Rate of a currency?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exchange Rate; valuation of a currency - Vskills Blog\" \/>\n<meta property=\"og:description\" content=\"What do you mean by the Exchange Rate of a currency?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/\" \/>\n<meta property=\"og:site_name\" content=\"Vskills Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/vskills.in\" \/>\n<meta property=\"article:published_time\" content=\"2015-03-31T04:40:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-03T07:52:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Exchange-Rate.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"242\" \/>\n\t<meta property=\"og:image:height\" content=\"208\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anusha\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anusha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/\",\"name\":\"Exchange Rate; valuation of a currency - Vskills Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Exchange-Rate.jpg\",\"datePublished\":\"2015-03-31T04:40:04+00:00\",\"dateModified\":\"2024-04-03T07:52:53+00:00\",\"author\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/6a59db61963922d8dbee788294b19600\"},\"description\":\"What do you mean by the Exchange Rate of a currency?\",\"breadcrumb\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/#primaryimage\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Exchange-Rate.jpg\",\"contentUrl\":\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Exchange-Rate.jpg\",\"width\":242,\"height\":208},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.vskills.in\/certification\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Exchange Rate; valuation of a currency\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#website\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/\",\"name\":\"Vskills Blog\",\"description\":\"Vskills - A Initiative in Assessment to Enhance Employability\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.vskills.in\/certification\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/6a59db61963922d8dbee788294b19600\",\"name\":\"Anusha\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a300616352a0a10d3ec982c6359660c80c83cc54e632572848db31fb46248d87?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a300616352a0a10d3ec982c6359660c80c83cc54e632572848db31fb46248d87?s=96&d=mm&r=g\",\"caption\":\"Anusha\"},\"description\":\"I am currently a second year student pursuing Bachelor of Management Studies from DU. I have a strong interest in finance and economics.\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/author\/anusha\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Exchange Rate; valuation of a currency - Vskills Blog","description":"What do you mean by the Exchange Rate of a currency?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/","og_locale":"en_US","og_type":"article","og_title":"Exchange Rate; valuation of a currency - Vskills Blog","og_description":"What do you mean by the Exchange Rate of a currency?","og_url":"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/","og_site_name":"Vskills Blog","article_publisher":"https:\/\/www.facebook.com\/vskills.in","article_published_time":"2015-03-31T04:40:04+00:00","article_modified_time":"2024-04-03T07:52:53+00:00","og_image":[{"width":242,"height":208,"url":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Exchange-Rate.jpg","type":"image\/jpeg"}],"author":"Anusha","twitter_misc":{"Written by":"Anusha","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/","url":"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/","name":"Exchange Rate; valuation of a currency - Vskills Blog","isPartOf":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/#primaryimage"},"image":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/#primaryimage"},"thumbnailUrl":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Exchange-Rate.jpg","datePublished":"2015-03-31T04:40:04+00:00","dateModified":"2024-04-03T07:52:53+00:00","author":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/6a59db61963922d8dbee788294b19600"},"description":"What do you mean by the Exchange Rate of a currency?","breadcrumb":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/#primaryimage","url":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Exchange-Rate.jpg","contentUrl":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/Exchange-Rate.jpg","width":242,"height":208},{"@type":"BreadcrumbList","@id":"https:\/\/www.vskills.in\/certification\/blog\/exchange-rate\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.vskills.in\/certification\/blog\/"},{"@type":"ListItem","position":2,"name":"Exchange Rate; valuation of a currency"}]},{"@type":"WebSite","@id":"https:\/\/www.vskills.in\/certification\/blog\/#website","url":"https:\/\/www.vskills.in\/certification\/blog\/","name":"Vskills Blog","description":"Vskills - A Initiative in Assessment to Enhance Employability","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.vskills.in\/certification\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/6a59db61963922d8dbee788294b19600","name":"Anusha","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a300616352a0a10d3ec982c6359660c80c83cc54e632572848db31fb46248d87?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a300616352a0a10d3ec982c6359660c80c83cc54e632572848db31fb46248d87?s=96&d=mm&r=g","caption":"Anusha"},"description":"I am currently a second year student pursuing Bachelor of Management Studies from DU. I have a strong interest in finance and economics.","url":"https:\/\/www.vskills.in\/certification\/blog\/author\/anusha\/"}]}},"_links":{"self":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts\/27616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/users\/855"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/comments?post=27616"}],"version-history":[{"count":6,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts\/27616\/revisions"}],"predecessor-version":[{"id":74888,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts\/27616\/revisions\/74888"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/media\/27638"}],"wp:attachment":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/media?parent=27616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/categories?post=27616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/tags?post=27616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}