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What are foreign exchange rates? How are they determined?
Weegy: One US dollar is 5.8160 Danish Krones. So $50.00 would be 290.8300 in Danish Krones. (More)
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Updated 7/10/2012 7:04:40 AM
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Foreign Exchange rates are rates at which one currency may be converted into another. Exchange rates are determined in the foreign exchange market, which is open to a wide range of different types of buyers and sellers where currency trading is continuous: 24 hours a day except weekends, i.e. trading from 20:15 GMT on Sunday until 22:00 GMT Friday.

Added 7/10/2012 7:04:40 AM
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