Comparing Currencies

How to compare currencies

If you know anything about the world we live in you would know that there are different currencies which hold different values

There are mainly two ways of comparing currencies

1. Exchange Rate

2. Purchasing Power Parity

Check out my blog post to understand more about the topic

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How to compare currencies

How to compare currencies

10percentfinance

10percentfinance

If you know anything about the world we live in you would know that there are different currencies which hold different values

If you know anything about the world we live in you would know that there are different currencies which hold different values

But how do we compare them?

But how do we compare them?

Read more to know

Read more to know

There are mainly two ways of comparing currencies

There are mainly two ways of comparing currencies

1. Exchange Rate

1. Exchange Rate

2. Purchasing Power Parity

2. Purchasing Power Parity

1. Exchange Rate

1. Exchange Rate

It is the rate at which the currency gets exchanged when you cross borders.

It is the rate at which the currency gets exchanged when you cross borders.

1. Exchange Rate

1. Exchange Rate

It is the rate at which the currency gets exchanged when you cross borders.

It is the rate at which the currency gets exchanged when you cross borders.

2. Purchasing Power Parity

2. Purchasing Power Parity

It is the amount you have to pay in different currencies to buy a defined basket of goods

It is the amount you have to pay in different currencies to buy a defined basket of goods

Check out my blog post to understand more about the topic

Check out my blog post to understand more about the topic

10percentfinance - Comparing Currencies

10percentfinance - Comparing Currencies