a currencys exchange rate is\n○ how many denominations the currency has.\n○ its stable rate as established…

a currencys exchange rate is\n○ how many denominations the currency has.\n○ its stable rate as established by the government.\n○ how easily it can be divided into other currencies.\n○ its changing value relative to other currencies.

a currencys exchange rate is\n○ how many denominations the currency has.\n○ its stable rate as established by the government.\n○ how easily it can be divided into other currencies.\n○ its changing value relative to other currencies.

Answer

Brief Explanations:

An exchange - rate represents the value of one currency in terms of another. It is not about denominations, a government - established stable rate (as exchange rates often fluctuate in the market), or ease of division. It is the changing value relative to other currencies.

Answer:

its changing value relative to other currencies.