How does the currency and value of that currency in a country affect the currency and value of another country. For example whats does the following mean and how can it change:
- Costa Rica Colon) - 548 Colones = 1$
- Venezuela (Bolivar Fuerte) - 12 BsF = 1$
- Europe - 1 Euro = 1.39$
How does for example, 548 Colones raise or lower when compared to the Dollar. How does the Europe raise or fall when compared to the Dollar.
Does it have to do with how the economic of each country behaves. Is it affected by trades like the Free Trade Agreement. Does export/import affect this.