what is an example of a floating exchange rate 
an example of a floating exchange rate would be on day 1 1 usd is equal to 1 4 gbp on the next day 1 usd is equal to 1 6 gbp and on day three 1 usd is equal to 1 2 gbp this shows that the value of the currencies float meaning they change constantly due to the supply and demand of those currencies the opposite would be a fixed currency where 1 usd would always equal 1 4 gbp for example 