It is an unrealized gain / loss. It is a restatement of the value of a balance in a certain currency, in relation to the base currency of the balance.
Realized gains / losses are for 'finalized' transactions, such as outstanding vendor amounts paid or customer amounts received and there is a loss or gain realized at that point. (this happens when there is a big fluctuation between the date the transaction is executed and the date the money changes hands)
Agio is the term for the premium on money in a currency exchange.
we can exchange foreign currency of leats of banks
At a currency exchange
At the time of answering (08:18 on Saturday, January 18th 2014)... According to the currency website 'Xe', 500 GBP = 50,561.07 INR.However - the exchange rate you get will be different depending on when you exchange the currency - and where.
Foreign Exchange is Exchange between two currency.
Currency revaluation is the equivalent of currency appreciation, except that it occurs under a fixed exchange rate regime and is mandated by the government.
Revaluation is the opposite of devaluation. This occurs when, under a fixed-exchange-rate regime, there is pressure on a country's currency to rise in value in foreign-exchange markets.
When the cash in the bank account is sold at a currency other than its denomination.
When a country/Reserve bank changes the value of a currency. The currency is usually devalued to make exports more competitive. Usually associated to countries with high inflation and political unrest.
one is unrealised and the other is realised
Foreign exchange trading is the speculation and exchange of foreign currency according to the fluctuation in values. Trading is done via a foreign exchange broker. Currency is purchased at a good price, based on the expectation the value will rise against another currency.
You can exchange Budapest currency for US currency at most banks that exchange foreign currency. You can also make this exchange at places like currency kiosks at international airports.
You can exchange them at the Currency Exchange. Go to "Catalog" and then click "Trade Currency"
I think 'forex exchange' comes from the term 'foreign currency exchange'. You can exchange your money from the currency of the country you are based in to a currency from another country.
According to Exchange Rate's website, U.S. currency may be exchanged for Aruban currency at most banks in Oranjestad, Aruba's capital.Specifically, U.S. currency may also be exchanged at specialized stores called Foreign Exchange Bureaus. These specialized stores have signs such as Bureau de Change, GeldWechseln, or Cambio. U.S. currency may also be exchanged at the Oranjestad airport but Exchange Rate cautions that the exchange rate may not be the best there.
The currency in Bolivia is Boliviano and the foreign exchange code of the currency is BOB.
Currency exchange is the process by which travellers can obtain currency by exchanging notes and coins from their country of origin for the local currency of their destination.