Currency Exchange rate is the price of the currency on a particular date. It’s like price of potatoes in a super market. For instance, if potatoes are selling at the price of 5 per one INR then we can take INR to potato exchange rate as 5. This means by giving one Indian rupees we get 5 numbers of potatoes. Similarly, potatoes to INR exchange rate will be 1/5. This means by … [Read more...] about What is foreign currency exchange rates and how Currency conversion works