Foreign Money Help.?

Question

I was wondering if someone could explain how the Euro, U.S. Dollar, and Canadian money change how much they are worth.

I need someone to explain the process of how this works and why this changes.

Thanks.

Also what is the current rate from the U.S. Dollar and the Euro.

And what is the current rate from the U.S. Dollar and the Canadian Dollar.

Answer 1

certain economies grow stronger or weaker based on house prices, purchasing power,trade, GDP and profits of banks. So if a country is going through slight decline in its economy, such as the U.S.A at the moment then the exchange value will be set to compensate this.