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Simple English definitions for legal terms
valuta
Read a random definition: Secretary of Veterans Affairs
A quick definition of valuta:
Term: VALUTA
Definition: Valuta means the value or worth of a currency compared to the currency of another country.
For example, if one US dollar is worth 0.85 euros, then the valuta of the US dollar is 0.85 euros.
A more thorough explanation:
VALUTA
Valuta is a term used to describe the value or worth of a currency in relation to another country's currency.
For example, if the valuta of the US dollar is higher than the valuta of the Euro, it means that one US dollar is worth more than one Euro.
Another example is if the valuta of the Japanese yen is lower than the valuta of the British pound, it means that one British pound is worth more than many Japanese yen.
These examples illustrate how valuta is used to compare the value of different currencies. It helps people understand how much one currency is worth in relation to another currency.