What is an Exchange Rate?
An exchange rate is the measurement of a country domestic in terms of the price of another country's currency i.e. a foreign currency. These domestic currencies are quoted directly or indirectly against the foreign currencies. When a foreign currency price is quoted again the domestic currency price, this is referred to as direct quotation and when a domestic currency price is quoted a foreign currency price, we have what is referred to as indirect quotation. Most exchange rates are quoted in US dollars.
You are now removed from my SteemVoter list permanently.
The is not the first time you’ve abused your privilege.
There’s no way I will continue supporting one-paragraph content on Steemit that is the equivalent of a dictionary definition or something so generic that could be found on Wikipedia.
Good luck on your journey, and please do not bother me again with any further requests to change my mind.
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