when might it be important to know a currencys exchange rate?\nwhen planning expenses for an overseas…
when might it be important to know a currencys exchange rate?\nwhen planning expenses for an overseas trip\nwhen changing money into smaller denominations\nwhen preparing to buy something expensive\nwhen deciding which college is the best value
Answer
Brief Explanations:
Exchange rates matter for overseas - related financial activities. When planning overseas trip expenses, knowing exchange rates helps in budgeting as it shows how much of one currency can be obtained for another. Changing money into smaller denominations is about currency division within the same currency system, not related to exchange rates. Buying something expensive doesn't necessarily involve different currencies. Deciding on a college's value is about educational and financial factors within one's own currency context usually.
Answer:
when planning expenses for an overseas trip