What is an exchange rate?

🎲 Try a Random Question  |  Total Questions in Quiz: 34  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Money Trivia Quiz — practice the complete quiz, review flashcards, or try a random question.

Money facts:

1. It costs the U.S. Mint about 2.10 cents to produce one penny and about 8.52 cents to make one nickel. This is primarily due to the price of copper and nickel — which have both gotten more expensive over time.

2. A $100 bill lasts about 22.9 years.
A $50 bill lasts 12.2 years.
A $20 lasts 7.8 years.
A $10 bill lasts 5.3 years.
A $5 lasts about 4.7 years.
A $1 bill lasts about 6.6 years.


What is an exchange rate?