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Ido Haddad
Ido Haddad

The document discusses major and minor currencies. The major currencies are the US Dollar, Euro, British Pound, Japanese Yen, Australian Dollar, Canadian Dollar, Swiss Franc, and New Zealand Dollar. Currencies can change value through revaluation, devaluation, or inflating the money supply. Exchange rates express the relationship between two currencies and can be quoted in direct or indirect format such as USD/EUR or EUR/USD.

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USD EURUSD USDEUR United State-US Dollar-D
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Majores – –USDUnited State Dollar –EUREuro –GBPGreat Britain Pound –JPYJapanese Yen –AUDAustralian Dollar –CADCanadian Dollar –CHFConfederatio Helvetica Franc -–NZDNew Zealand Dollar -Minors ILS
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-Revaluation -Devaluation Inflating the money quantity
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