Too high or too low exchange rate is not a good thing for ordinary people, and it is more conducive to maintaining and increasing the value of assets and keeping them within a reasonable range. Let's talk about the impact of excessive exchange rate: 1. If the exchange rate is too high, it means that the RMB has greatly appreciated. For example, 5 yuan RMB can be exchanged for 1 USD. It is good for traveling abroad, shopping, studying abroad and overseas investment, because less RMB can be exchanged for more foreign exchange. 2. It is not good for the current foreign exchange system, because some people make money too easily, and will consider using various methods to exchange foreign exchange for value preservation, which is easy to lose foreign exchange reserves. 3. It's not good for export, the price of export commodities is not advantageous, it's difficult to get international orders, and the business of export enterprises will be difficult. These enterprises may cut salaries and lay off employees. 4. The capital outflow is unstoppable. When enterprises invest overseas, the rich will also transfer assets on a large scale. Domestic house prices will fall because of many people selling. It is also Li's choice to abandon overvalued assets and hold assets with lower valuation and higher returns or more potential. 5. It is not good for farmers, the price of imported grain is lower, the grain produced by farmers is unsalable, and it is more difficult to make money by farming. 6. Foreign investment will decrease, and foreign investors who have already invested will consider withdrawing, thus reducing employment opportunities. Let's talk about the influence of low exchange rate: 1, which means that the exchange rate has depreciated. For example, 1 USD can be converted into 10 yuan RMB. It is good for export, because it is too cheap for foreigners to buy our goods, and industries such as textiles, shoes, hats and toys benefit the most. 2. It is unfavorable for traveling abroad, shopping, studying abroad and overseas investment, because more RMB is needed to exchange the corresponding foreign exchange. 3. Some high-quality assets will be bought by foreign investors at low prices, because it only takes a few dollars to buy super-value assets, such as high-quality equity, such as resources, such as some enterprises and brands. 4. Not good for import. Imported goods must pay more RMB, further pushing up domestic inflation. The cost of enterprises that rely too much on imported raw materials and spare parts will increase greatly. Monopoly enterprises will easily lose money or even go bankrupt if they lack pricing power. 5. The sharp depreciation of the exchange rate will also lead to the outflow of assets, because expectations and confidence will decrease, and the stock market will also fall. The price of the same commodity is different in different countries, which is the result of different productivity levels, different labor costs and different raw material costs. However, by comparing and weighting the prices of countless commodities, a relatively reasonable exchange rate can be obtained, and a relatively fair exchange rate can be obtained for countless commodities in different countries. As long as it is a freely convertible exchange rate, the fluctuation range is always close to the most fair and reasonable range.