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Exchange rates

Definition

The price of a currency.

1 euro = 4 zloties means that

1 zloty = 0,25 euro

International currency marketSystem of rules, policy tools and institutions that ensure free transfer of money among separate currency areas

Domestic market

Page 4: Exchange rates. Definition The price of a currency. 1 euro = 4 zloties means that 1 zloty = 0,25 euro

Why currency?

Co-existence of different national currencies

Malaysia

China

RSA

Finland

Slovenia

ringgit

yuan

rand

euro

won

rupee

kuna

forint

leu

South Korea

India, Sri Lanka

Croatia

Hungary

Romania

Page 5: Exchange rates. Definition The price of a currency. 1 euro = 4 zloties means that 1 zloty = 0,25 euro

Currency symbols

DKK

YPN

PLN

GBP

USD

Danish krone

Japanese yen

Polish zloty

British pound

US dollar

Page 6: Exchange rates. Definition The price of a currency. 1 euro = 4 zloties means that 1 zloty = 0,25 euro

Demand and Supplyprice

quantity

DEMANDimporters, tourists,

banks

SUPPLYexporters, tourists,

banks

Page 7: Exchange rates. Definition The price of a currency. 1 euro = 4 zloties means that 1 zloty = 0,25 euro

Lower supply of euro in PolandPLN/EUR

ilość waluty

Demand

Supply

Lower demand for Polish goods in Euro zone

3,75

4,00

pre

cia

tion

Appreciation of EUR = Depreciation of PLN

Lower demand for euro in PolandPLN/EUR

quantity

Demand

Supply

Lower demand for European goods in Poland

3,75

3,60

Dep

recia

tion

of e

uro

Depreciation of EUR = Appreciation of PLN

Page 9: Exchange rates. Definition The price of a currency. 1 euro = 4 zloties means that 1 zloty = 0,25 euro

How will PLN/USD be affected by:

Poland introducing visas for the Americans?Polish central bank ‘s intervention on the currency market (purchase of USD)?Introducing a ban on export of US beef to Poland?No visas required for Polish citizens to go to US?Reducing tariffs on American goods imported to Poland?

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WordPress.com · 2013 . (ox/red) -i/ I 3H2C204(a) + cro +2Cr 2xo,25 2xo,25 0,25 0,25 0,25 0,25 0,25 0,25 H CO 2 4 12 min n 01-3x n 01-3xmax x max n 02-x n 02 -Xmax

WINE LIST / VINSKA KARTA · Jamnica Sensation 0,25 l 30 Red bull 0,25 l 40 Juicy Vita Lemon, Juicy Vita Orange Juicy Vita Limun, Juicy Vita Naranča 20 g 18 Fresh Squeezed Orange

Sponsorship and exhibition Prospectus Bucharest...9870 EURO NON-MEMBER 7200 EURO CORP-MEMBER 6600 EURO NON-MEMBER 4575 EURO CORP-MEMBER 5250 EURO NON-MEMBER 3680 EURO CORP-MEMBER 2850

· 2018-02-02 · 4 NR 53 - 2014 - 0,25 pt 0,25 pt 0,25 pt 0,50 pt 0,75 pt o,25pt 0,50 pt 0,50 pt 0,50 pt a- Calcul du taux de chômage manquant: Taux de chômage= (nombre de chômeurs/population

Asamblea Parlamentaria Euro-Latinoamericana … · Asamblea Parlamentaria Euro-Latinoamericana Euro-Latin American Parliamentary Assembly Assemblée Parlementaire Euro-Latino Américaine