What exchange rates apply to Devex?

The following exchange rates will apply to DevEx. Please note that for anyone who has earned Robux prior to March 1, 2017, each rate below might apply to a different part of your holdings. New Rate. $.0035/R$ (which comes out to $105 USD for 30,000 Robux). This rate applies to all Robux earned on or after March 1, 2017.

What is currency devaluation?

It is a monetary policy tool used by countries with a fixed exchange rate or semi-fixed exchange rate. Devaluation is the deliberate downward adjustment of a country's currency value. The government issuing the currency can decide to devalue its currency.

What is a currency exchange rate?

An exchange rate is a rate at which one currency will be exchanged for another currency. Most exchange rates are defined as floating and will rise or fall based on the supply and demand in the market. Some exchange rates are pegged or fixed to the value of a specific country's currency.

What is exchange rate & how does it affect trade?

An exchange rate is a rate at which one currency will be exchanged for another currency and affects trade and the movement of money between countries. Exchange rates are impacted by both the domestic currency value and the foreign currency value.