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Monies of the World and Conversion

Bibliography

http://www.xe.com/symbols.php

www.canadianforex.ca/Converter‎

www.investopedia.com/articles/forex/.../how-calculate-exchange-rate.asp

http://traveltips.usatoday.com/calculate-exchange-rate-currency-35449.html

The Formula

http://www.historyworld.net/wrldhis/PlainTextHistories.asp?gtrack=pthc&ParagraphID=dzw#dzw

http://www.wikihow.com/Calculate-Exchange-Rate

Who made up conversions

The formula for converting money is actually very simple. So, the first thing you have to do is estimate the amount of money you want to exchange. Then search the excange rate for the kind of money you want to convert to. Then multiply the amount of money you estimated by the exchange rate. If we were to replace the numbers with variables it would look something like: A × B= C or C=A×B.

The conversions were not made up by any specific person but by us people. We all agreed on the same decision to make it as it is right now, and there is no specific date although paper money first came in the 17th century. We still do not have a date to when the converions were made up. It started of with one and then, one by one the currency began forming spicific converions with other countries'.

Different Kinds of Monies

The excahge rate started kicking in and then the formula was created to help figure out the proper way of converting. The exchage rate is deterimed in how much of the demand and wanting of the particular currency. This is the way these converions and differnt monies were created, it all started off with one type of money and then grew into a whole new way of life.

Some of the different kinds of dollars is the Dollar, the Pound, the Peso, the Yen and the Euro. There are so many other kinds of money but these are the most popular. All different kinds of monies have different symbols such as ¥ for Yen and € for Euro. These monies are very different and can only be used in the country it was born in, if you were to go shopping in Canada with € they would simply not take it because the value is not known to those citizens. For the euros to be used, you would first have to converted it into canadian dollars at the bank.

What is Monies of the World?

These different types of monies have different value from different perspectives. for example: the euros have 0.7618 per euro in the perspective of Americans, but for Europeans it is just a simple euro.

These are some of the names of monies.

Monies of the world is the different types of currency, you can convert these dollars to different amounts of another unknown bill or coin. Example: 0.77 canadian dollars is equivalent to 1 dollars in America. All these different currencies can be converted to a larger or smaller amount in other countries. These conversion aren't based on any method or theory, their values are randomly selected based on how the country wants its currency to run.

Here are some money symbols.

Here is a website that shows all the different types of conversion https://www.google.ca/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8&safe=active&ssui=on#q=money+conversion&safe=active&ssui=on

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