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LSDefine

Simple English definitions for legal terms

exchange rate

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A quick definition of exchange rate:

Exchange rate: The exchange rate is the value of one country's money compared to another country's money. It's like a ratio that helps people convert money from one currency to another. For example, if you want to buy something in a different country, you need to know the exchange rate to figure out how much money you need to spend. Foreign exchange is the process of making these transactions, which can include converting money or using things like traveler's checks.

A more thorough explanation:

Definition: The exchange rate is the value of one country's currency compared to another country's currency. It is the ratio used to convert one currency into another currency.

Example: If the exchange rate between the US dollar and the Euro is 1 USD = 0.85 EUR, it means that one US dollar can be exchanged for 0.85 Euros.

Explanation: The exchange rate is important for international trade and finance. It determines the value of goods and services traded between countries. For example, if the exchange rate between two countries changes, it can affect the cost of importing and exporting goods. A higher exchange rate means that the currency is stronger, and it can buy more goods in other countries. A lower exchange rate means that the currency is weaker, and it can buy fewer goods in other countries.

exchange broker | exchange ratio

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16:34
then i will start tweaking
texaslawhopefully
16:42
January could not come any sooner
16:54
i hope you guys all have a very lovely holiday season
17:02
has everyone finished procuring their presents?
17:02
I got my sis a vintage leather jacket off ebay she’s gonna freak she only has fake stuff
hi all
CynicalOops
17:14
Ive been slacking so hard on tickets fawk
CynicalOops
17:14
Wait
CynicalOops
17:14
Presents
CynicalOops
17:14
Im just gonna get everyone tickets so thats why i said that
jackfrost11770
17:14
people are so stupid on the internet its crazy
CynicalOops
17:15
T5 soft
windyMagician
17:18
that and the post asking for low gpa success stories along with every other identifying detail
i should be a vtuber so i can finally realize my dream of becoming an anime girl
17:23
@CynicalOops: tickets to what?
CynicalOops
17:26
I got my brother tickets to a golf tournament and im going to get my mom ski lift tickets because she just moved near a ski resort
Dkk
18:08
Nice, I am on bad terms with my siblings so i am getting them nothing and they should get me nothing too and I am getting my mom a gift.
18:16
I just noticed that UMich has the majority of their acceptances really early on. Does anyone know what happens to mid-November applicants? Are we just cooked?
TGM
18:23
How long can I delay sending my fall grades if they hurt my GPA? I’m still waiting on decisions and ideally I’m hoping they decide BEFORE seeing my new grades
TGM
18:27
dropped my GPA below median for a couple of schools I’m applying to, when I was above median before
Dkk
18:32
@TGM: Not long enough to get another transcript to recover.
Dkk
18:33
Honestly you could just wait until someone actually asks for your fall grades. Who knows.
Dkk
18:34
@wigwav: It looks like if below medians it will not help but If applying in November it seems you are still middle of the cycle.
18:34
@wigwav: nah
TGM
18:34
like am I expected to send it unprompted or can I wait until a school requested it
Dkk
18:35
@TGM: Expected to send it unprompted but you can wait and see.
18:36
Is your LSAT also below median?
TGM
18:37
It’s above median, but I’m applying T6 with unimpressive softs, so even with a good LSAT it’s tough
texaslawhopefully
18:38
Yeah, then I would just wait as long as you can to send it
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