Question

When might it be important to know a currency’s exchange rate?

Answer 1

Hello mate

$\huge\boxed{ANSWER}$

Foreign exchange is the trading of different national currencies or units of account. It is important because the exchange rate, the price of one currency in terms of another, helps to determine a nation's economic health and hence the well-being of all the people residing in it.

so...it is important to know during $\textbf{foreign exchange}$

hope it helps

plz mark $\red{brainliest}$

Answer 2

A. when planning expenses for an overseas trip

Explanation:

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