crystal jewelry making wholesale What countries are the currencies of eight currencies?

wholesale jewelry philippines The United States, Canada, Britain, Europe, Switzerland, China, Japan, Australia.
MD, Canadian, British, euro, Swiss franc, Hong Kong dollar, yen, Australian dollar. These are eight major currencies in the world. However, the importance of RMB is now second only to the pound and the US dollar. At present, there are more than 180 currencies recognized by the United Nations, and the currency exchange rate fluctuates at any time. In the eyes of ordinary people, "currency" is a means of "equivalent exchange". You can use the "currency" of your country/region to purchase the "equivalent" goods in your country/region. Internationally, the "status" of a country's currency affects its economic development to a certain extent.
1. Currency is essentially a contract for the right to exchange rights. Different forms of currency are essentially uniform. In the past, because people couldn't understand the essence of money, money was divided into different types from different perspectives. For example, according to the value of the currency, it is divided into debt currency and non -debt currency, and whether it is agreed in the exchange ratio of precious metals, it is divided into convertible currency and non -exchanges.
2, form, according to the value of the currency, can be divided into physical currency and form currency. The physical currency itself is a special product, including values, such as sheep, precious metals, etc.; The formal currency itself has no value, and its value is agreed by the contract, only the contract value. The two forms are different, but it is essentially uniform, that is, it is agreed as exchange medium, which has contract value. The purchasing power of the currency depends on the value of the currency, but the purchasing power of the physical currency will also be affected by its own product value. Generally, the value of the product of physical currency is lower than its contract value as a currency.
The expansion information:
The price method
1. Direct price method: The direct price method refers to the pricing method of a certain unit of foreign currency into a certain amount of local currency. At present, most countries adopt this pricing method. The yen, Swiss francs, Canadian dollar, Hong Kong dollar and Singapore adopt a direct pricing method, such as $ 1 = 115.25 yen; $ 1 = 1.47 Canadian dollars.
2, indirect price marking method: indirect price marking method refers to exchanging the currency of a certain unit to a certain number of foreign currency pricing methods. The euro, the British pound, and the Australian dollar adopt the indirect pricing method, such as the pound = 1.6025 US dollars; the 1 euro = 1.5680 Canadian dollars; the 1 euro = 1.0562 US dollars; the $ 1 = 0.5922 US dollars, and so on Can be exchanged for 105 yen.