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Comparing international currencies chart

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  • September 12, 2024
  • 2
  • 2022/2023
  • Class notes
  • Mr. brian hayden
  • Fundamentals of international business
  • Secondary school
  • 12th Grade
  • 4
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Country ISO Currency Name Exchange Rate Converted
($CAN/unit) Amount
(Units/$CAN)
Canada CAN Canadian dollar 1 CAD = 0.73 0.73 USD = 1
USD CAD
Australia AUS Australian 1 CAD = 1.14 1.14 Australian
dollar Australian dollar = 1 CAD
dollar
Brazil BRA Real 1 CAD = 3.75 3.75 Brazilian
Brazilian real real = 1 CAD
China CHN Yuan 1 CAD = 5.33 5.33 Yuan = 1
Yuan CAD
EURO EUR Euro 1 CAD = 0.74 0.74 Euro = 1
Euro CAD
Great Britain GBR British pound 1 CAD = 0.63 0.63 British
British pound pound = 1
CAD
Denmark DNK Krone 1 CAD = 5.53 5.53 Krone = 1
Krone CAD
Hong Kong HKG Dollar 1 CAD = 5.76 5.76 dollar = 1
dollar CAD
India INR Rupee 1 CAD = 60.63 60.63 rupee = 1
rupee CAD
Pakistan PAK Rupee 1 CAD = 161.83 rupee =
161.83 rupee 1 CAD
Saudi Arabia SAU Riyal 1 CAD = 2.75 2.75 riyal = 1
riyal CAD
Sweden SWE Krona or 1 CAD = 8.08 8.08 kroner = 1
korner kroner CAD
Switzerland CHE Frank 1 CAD = 0.73 0.73 frank = 1
frank CAD
Syria SYR Syrian pound 1 CAD = 1,843 1,843 pound =
pound 1 CAD

Why is the fluctuating value of currency in international markets a major barrier to trade?
There are a few reasons why fluctuating currency is a barrier to trade such as consumers,
market competition, businesses suffering etc. When a country’s currency such as Brazil
starts becoming weaker, all of the other countries will not lower their trade prices for a
country that has low value. This situation will lead to businesses having to increase their
prices to meet the standard of an export country, not everyone is able to afford items that
have high prices and the people will stop shopping in the locations they once did.
Businesses will not be able to trade with other countries like they once did because of the
expenses, this will lead to a drop in international trade. Countries will see this negative
impact, stop trading and the country with the horrible situation will suffer many losses.

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