Currency conversion is the ability to seamlessly exchange money of one country into cash of another country, due to various foreign economic processes. In other words, it is an opportunity to perform various payment functions in all countries of the world, without direct state involvement. They have the property of free convertibility. In our time, the currency freely takes quite a bit from the total mass of all currencies. Unparalleled access to exchange is available only for the US dollar and the Canadian dollar, as well as the yen and the euro. There are only about seventeen freely convertible. The presence of such a currency in the state makes it more developed economically. Also, a certain advantage of such a currency is that it makes it easier for foreign economic activity, both the state and its residents. It is also important to note its existence, which can not be exchanged for all monetary units, but only for a certain part - they are partially convertible or limited to convertible ones. This is due to political or economic reasons. currency exchange 91511
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