Understanding Currencies and Exchange Rates (2024)

Reading from Economics

Supply and demand influence how much a currency is worth. Learn how exchange rates affect producers and consumers.

Understanding Currencies and Exchange Rates (1)

A vendor arranges eggs on a 100 billion Zimbabwean dollar note in Harare, on July 22, 2008. At the time, an egg cost ZW$35 billion.

Source: Philimon Bulawayo/Reuters

Understanding Currencies and Exchange Rates (2)

Understanding Currencies and Exchange Rates (3)

Understanding Currencies and Exchange Rates (4)

Understanding Currencies and Exchange Rates (5)

Understanding Currencies and Exchange Rates (6)

Source: European Union; European Commission.

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Understanding Currencies and Exchange Rates (8)

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Economics: Europe

As in other regions, certain European countries belong to an economic or customs union—a “single market”—that makes trade between its members seamless.

Understanding Currencies and Exchange Rates (2024)
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