ENGLISH TASK

CURRENCY

Name : Sandy Suranta Ginting

Class : AKP 3B

Akuntansi Keuangan Publik

Jurusan Akutansi

Polmed

2018
 Table Of Contents

A. Definition of Currency
B. Factor that effect the Currency
C. Kind of Currency
D. Dialog about Currency
 Currency

A. Definition of Currency
1. Fabozzi dan Franco
According to Fabozzi and Franco, the notion of exchange rates is the
amount of one currency that can be exchanged per unit of another
currency, or the price of one currency in another.

2. Ekananda
Understanding the exchange rate according to Ekananda is the price of
a country's currency relative to the currency of another country.
Currency values have an important role in spending decisions, because
exchange rates allow us to translate prices from various countries into
the same language.

3. Paul R. Krugman dan Maurice

According to Paul R Krugman and Maurice, the notion of exchange
rates is the price of a currency of a country that is measured or
expressed in another country's currency.

B. Factor that effect the Currency

1. Inflation rate
The higher the inflation rate of a country, it can be ascertained that the
value of the currency held tends to be low over time. So far, countries
with low inflation are Japan, Switzerland, Germany, Canada and
Australia.

2. Interest rate
High interest rates in a country can produce high exchange rates. This
is very closely related to the credibility of the central bank. With high
interest rates, investors will give high demand for the currency. The
role of the central bank is certainly very important here considering
that anyone can easily release or own a certain currency on the basis of
the current interest rate.

3. Public debt
The existence of a domestic budget is generally used for the public
interest. However, if it turns out the budget is a deficit, then there is a
high public debt. With this high debt, the country's currency tends to
decline in the eyes of other countries, especially if it fails to pay the
public debt. Even though this can be improved by printing money, it
cannot be denied if this has a negative impact on interest rates in the
country.

4. Balance of trade
Determining the surplus or not a trade balance can be determined by
how much a country can sell merchandise to other countries. The more
 successful ones sold than those purchased will certainly strengthen the
country's currency.

5. Stable political and economic conditions

Many investors are very concerned about this condition before starting
to invest in a country. Stable political and economic conditions can
strengthen the country's currency from time to time. Of course this is
very difficult to achieve by developing countries but tends to have
been achieved by developed countries.

6. Comparison of export and import prices

The higher the ratio of exports and imports of a country, the better the
value of the country's currency. This proves that many other countries
need goods and services from that country and that means those
countries need the country's currency. The role of a country that is able
to do a lot of exports is to become the world trade center that holds the
strongest currency. This is very inversely proportional to the country
that is rich in imports. The more imports, the country has no income to
its own country. This causes the currency to be weak and controlled by
other countries.

C. Kind of Currency

No Country Currency Picture

1 Afrika Rand
Selatan

2 Aljazair Dinar

3 Argentina Peso

4 Bangladesh Taka
5 Bulgaria Lewa

6 Ceko Koruna

7 China Yuan

8 Denmark Krone

9 Esthonia Rubell

10 Finlandia Markka

11 Ghana Cedi
12 India Rupee

13 Indonesia Rupiah

14 Inggris Poundsterling

15 Iran Riyal

16 Italia Lira

17 Jepang Yen

18 Korea Won
Selatan
19 Laos Kip

20 Madagaskar Franc

21 Malaysia Ringgit

22 Maroko Dirham

23 Myanmar Kyat

24 Nigeria Naira

25 Paraguay Gunarani
26 Polandia Zloty

27 Portugal Escudo

28 Rumania Leu

29 Spanyol Paseta

30 Thailand Baht

31 Venezuela Boliver

32 Vietnam Dong
33 Yaman Rial

34 Yordania Dinar

35 Pakistan Rupee

36 Kazakhstan Rubell

37 Islandia Kronur

38 Irak Dinar

39 Brazil Cruzeiro
 40 Bahrain Dinar

D. Dialog about Currency

Security : Good Morning, Sir

Is there anything I can help ?
Me : Good Morning
I would like to exchange Euro for Rupiah
Security : Please take your queue number and wait for your number
to be called
Me : Okay, thankyou
Bank Clerk : What can I do for you ?
Me : I’d like to exchange some currency for Rupiah
Bank Clerk : Okay, how much would you like?
Me : How much is one Rupiah worth?
Bank Clerk : This is the value of this week's currency, sir

Mata Uang Nilai Kurs Jual Kurs Beli Grafik

AUD 1.00 10,846.77 10,737.51

BND 1.00 11,045.11 10,933.04

CAD 1.00 11,670.10 11,550.66

CHF 1.00 15,228.38 15,075.62

CNH 1.00 2,194.61 2,172.72

CNY 1.00 2,197.25 2,175.43

DKK 1.00 2,327.35 2,303.53

EUR 1.00 17,365.84 17,191.84

GBP 1.00 19,451.64 19,256.92

HKD 1.00 1,950.32 1,930.83

JPY 100.00 13,526.92 13,391.37

KRW 1.00 13.44 13.31

KWD 1.00 50,405.14 49,822.43

LAK 1.00 1.79 1.77

MYR 1.00 3,658.38 3,619.45

NOK 1.00 1,819.86 1,801.59

NZD 1.00 10,028.06 9,922.39

PGK 1.00 4,675.07 4,401.37

PHP 1.00 285.93 282.98

SAR 1.00 4,079.71 4,039.08

SEK 1.00 1,668.85 1,651.77

SGD 1.00 11,045.11 10,933.04

THB 1.00 460.10 455.40

USD 1.00 15,303.00 15,151.00

VND 1.00 0.66 0.65

Me : Okay. I’d like to exchange 100 Euros

Bank Clerk : Okay. That will be Rp 1.736.500
Me : That’s perfect. Thanks a lot
Bank Clerk : Is there anything else I can help you with?
Me : No, that’s all. Thanks for your help
Bank Clerk : It’s my pleasure. Have a nice day
 Bibliography

1. Definition of Currency Exchange, Types and Factors Affecting Exchange

Rates
https://www.maxmanroe.com/vid/finansial/pengertian-kurs.html (accessed
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2. Factors That Can Affect Currency Values in Forex

https://idnfbs.forex/blog/faktor-faktor-yang-dapat-mempengaruhi-nilai-
mata-uang-dalam-forex-82 (accessed on 31 October 2018)

3. Andi Misbahuddin. 2015. Name With The World Current Pictures Based
On The Alphabet
https://misbahuddindarusalam.blogspot.com/2015/04/kumpulan-mata-
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4. Bank Indonesia. https://www.bi.go.id/id/moneter/informasi-kurs/transaksi-

bi/Default.aspx (accessed on 31 October 2018)