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Questions tagged [basic exchange rate]

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SsangyongSpirited SsangyongSpirited Mon Jan 27 2025 | 6 answers 1555

What is a basic exchange rate?

I'm trying to understand the concept of a basic exchange rate. I know it's related to currency conversion, but I'd like a clear explanation of what it actually means and how it works.

What is a basic exchange rate?

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