price of selling foreign cash
简明释义
现钞卖出价
英英释义
The amount of money that one receives in exchange for foreign currency when it is sold. | 出售外币时所获得的金额。 |
例句
1.The price of selling foreign cash fluctuates based on market conditions and demand.
由于市场条件和需求的变化,外币现金出售价格会波动。
2.Many tourists were surprised by the price of selling foreign cash at the airport compared to local banks.
许多游客对机场的外币现金出售价格与当地银行相比感到惊讶。
3.When planning your trip, consider the price of selling foreign cash at different currency exchange services.
在计划旅行时,考虑不同货币兑换服务的外币现金出售价格。
4.The bank displayed the price of selling foreign cash for travelers looking to exchange their money.
银行展示了旅行者兑换货币时的外币现金出售价格。
5.Before making a purchase abroad, it's important to check the price of selling foreign cash to avoid overpaying.
在国外购物之前,检查一下外币现金出售价格是很重要的,以避免支付过高的费用。
作文
In today's globalized economy, understanding the financial implications of currency exchange is crucial for individuals and businesses alike. One key concept that emerges in this context is the price of selling foreign cash. This term refers to the rate at which one can exchange foreign currency for their local currency, often influenced by market demand, economic stability, and geopolitical factors. To grasp the significance of the price of selling foreign cash, we must first explore how currency exchange works. When a traveler visits another country, they need to convert their home currency into the local currency to make purchases. The price of selling foreign cash becomes evident when they approach a currency exchange service or a bank. The rate offered may vary significantly from one provider to another, depending on various factors such as transaction fees, supply and demand for the currency, and current economic conditions. For instance, if a tourist travels from the United States to Japan, they will need to convert US dollars into Japanese yen. The price of selling foreign cash at that moment will determine how many yen they receive for each dollar. If the exchange rate is favorable, they will get more yen, allowing them to spend freely during their trip. Conversely, if the rate is unfavorable, they may find themselves with less purchasing power than anticipated. Moreover, the price of selling foreign cash is not static; it fluctuates constantly due to various factors. Economic indicators, such as inflation rates, interest rates, and political stability, all play a role in determining currency values. For example, if the US economy is performing well compared to Japan's, the value of the dollar may rise, leading to a better price of selling foreign cash for travelers exchanging dollars for yen. Businesses also need to pay attention to the price of selling foreign cash when engaging in international trade. Companies that import goods from other countries must purchase foreign currency to pay their suppliers. A sudden change in the price of selling foreign cash could impact their profit margins significantly. If the price rises unexpectedly, the cost of acquiring goods increases, potentially leading to higher prices for consumers. Furthermore, understanding the price of selling foreign cash is essential for investors. Those looking to invest in foreign markets must consider the exchange rates and how they can affect their returns. A favorable exchange rate can enhance profits, while an unfavorable one can erode gains. Investors often use hedging strategies to protect themselves against adverse movements in the price of selling foreign cash. In conclusion, the price of selling foreign cash is a vital component of the global economy, influencing everything from individual travel experiences to multinational business operations. By understanding how this price is determined and its implications, both consumers and businesses can make informed financial decisions. As our world becomes increasingly interconnected, the ability to navigate the complexities of currency exchange will continue to be an invaluable skill.
在当今全球化经济中,理解货币兑换的金融影响对个人和企业都至关重要。在这个背景下,一个关键概念是出售外币现金的价格。这个术语指的是将外币兑换为本国货币的汇率,通常受市场需求、经济稳定性和地缘政治因素的影响。要理解出售外币现金的价格的重要性,我们首先必须探讨货币兑换的运作方式。当旅行者访问另一个国家时,他们需要将本国货币转换为当地货币以进行购买。此时,出售外币现金的价格在他们接近货币兑换服务或银行时变得明显。所提供的汇率可能因交易费用、货币供需和当前经济状况等各种因素而显著不同。例如,如果一名游客从美国前往日本,他们需要将美元兑换成日元。此时的出售外币现金的价格将决定他们每美元能获得多少日元。如果汇率有利,他们将获得更多的日元,从而可以在旅行期间自由消费。相反,如果汇率不利,他们可能发现自己的购买力低于预期。此外,出售外币现金的价格并不是静态的;它因各种因素不断波动。经济指标,如通货膨胀率、利率和政治稳定性,都在决定货币价值方面发挥作用。例如,如果美国经济表现良好,而日本经济不佳,美元的价值可能会上升,从而导致旅行者在兑换日元时获得更好的出售外币现金的价格。企业在进行国际贸易时也需要关注出售外币现金的价格。从其他国家进口商品的公司必须购买外币以支付供应商。出售外币现金的价格的突然变化可能会显著影响它们的利润率。如果价格意外上涨,获取商品的成本就会增加,可能导致消费者价格上涨。此外,理解出售外币现金的价格对投资者也至关重要。那些希望在外国市场投资的人必须考虑汇率以及它们如何影响回报。有利的汇率可以提高利润,而不利的汇率可能会侵蚀收益。投资者通常使用对冲策略来保护自己免受出售外币现金的价格的不利变动。总之,出售外币现金的价格是全球经济的重要组成部分,影响着从个人旅行体验到跨国企业运营的方方面面。通过理解这一价格是如何确定的及其影响,消费者和企业都可以做出明智的财务决策。随着我们的世界日益互联,驾驭货币兑换的复杂性将继续是一项无价的技能。
相关单词