hinnavahemikud
Hinnavahemikud, also known as exchange rates, are the ratios at which one currency can be exchanged for another. They are fundamental in international trade, finance, and economics, as they determine the value of goods and services across borders. Exchange rates can be fixed, floating, or a combination of both, depending on the economic policies of a country.
Fixed exchange rates are set by the government and do not fluctuate with market forces. This policy
Floating exchange rates, on the other hand, are determined by market supply and demand. They are more
A combination of fixed and floating rates, known as a managed float, allows for some market flexibility
Exchange rates can be direct or indirect. Direct exchange rates are the rate at which one currency
Exchange rates can also be nominal or real. Nominal exchange rates are the market-determined rates, while real
Changes in exchange rates can have significant impacts on a country's economy, including affecting the cost