Could you, please, tell me in a particular case when one country e.g. Slovakia has the following exchange Rate - 1 USD = 22.22 SKK and it is shown by the central Bank of Slovakia as for the American central bank, it shows that 1 SKK = 0.04299 USD in other words 1 USD = 23.26 SKK (1USD/0.04299USD). Why is there any difference in exchange? Why 1 USD costs different amount of SKK, in this case 22.22 SKK and 23.26 SKK, On what does it Depand?
Thank you in advance.