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I guess I am not alone in having accumulated a jar of coins and small notes from trips abroad. When I moved house I was going to put them on eBay but the idea of sorting, photographing and packing etc etc was all a bit too much especially as some of them were no longer legal currency.
Anyway, I found a firm on the net, sent them off in one secure envelope, they apparently repatriate them when they have about 1000kg.
They sent me an offer to buy them, even the little 1 cent US coins. Said yes and the money arrived in my bank account. As the Meerkats say on that TV advert, "Simples".
Oh yes, it was cash4coins.co.UK.
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∙ 12y ago
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What is foreign exchange turnover?
The turnover on Forex market is around 4 bn USD daily.
What is the significance of foreign exchange rate risk and how can it be mitigated?
Foreign exchange rate means that 1 usd = 10 pesos. When you exchange currency, understand that it fluctuates, sometimes higher and sometimes lower. Do your trading when it's higher b\c you get more of their dollars for your. All you can do it watch the exchange rates.
Where can you exchange British coins for US dollars?
Most banks and currency exchanges don't want foreign coins. They rely upon being able to re-sell any currency they buy to a subsequent customer, and they know that they will be stuck with all the coins they buy from you because nobody traveling overseas will ever ask them for a large quantity of coins. Your best bet is to use one of the mail-order currency exchange companies which specialize in foreign coins. Search for "exchange British coins for dollars", "exchange euro coins for dollars" or "exchange Canadian coins for dollars" and you will find a few choices. There are a handful of main players in this business, located in either the US or the UK. They have been around a while and are quite reputable.
How can you sell foreign coins and currency?
If you refer to current coins you brought home from an overseas trip, very few Currency Exchangers will exchange coins. Banknotes can be exchanged by Currency Exchangers if the currency is traded on the market.
What do you mean by foreign exchange?
Foreign Exchange is Exchange between two currency.
What is the foreign exchange rate in the US?
The US foreign exchange rate varies greatly depending on the country and currency. The current foreign exchange rate for euros is 0.77 euros per USD. The current foreign exchange rate for CAD is 1.02 CAD per USD.
What happens at the foreign exchange market?
People buy and sell foreign currencies like euro, USD etc
What is France foreign exchange rate?
France uses the Euro. 1 USD = 0.773485 EUR
What is foreign exchange turnover?
The turnover on Forex market is around 4 bn USD daily.
How does online foreign exchange trading work?
Online foreign exchange trading works in a simple fashion. One purchases (or sells) a foreign exchange pair, e.g. EUR/USD via a broker on the exchange. The market that is traded on depends on which markets are open. The biggest exchange in terms of volume is the London market.
What is the difference between foreign exchange and currency futures?
Foreign Exchange (Forex) is everything that has to do with converting one currency to the other. You often see foreign exchange market, foreign exchange transaction, foreign exchange rate. Foreign exchange rate is simply a rate at which you can convert one currency to the other, a price of one currency expressed in the other currency. For example if you see EUR/USD 1.30, this means you can buy one Euro for 1.30 US Dollars. 1.30 is the eur/usd forex rate. Futures are financial contracts that set the price for delivery in the future. There are futures on almost all asset classes, including currency. An example of currency future would be a contract to sell 1 Million EUR against USD for a price (rate) of 1.30 USD per EUR in 3 months.
Suppose that more American tourists come to Vietnam. Use the model of foreign exchange market to explain what would happen to the exchange rate (EVND/USD) and the quantity of USD exchanged in the market?
pakistan
What is the current dollar foreign exchange rate?
Currencies always roll in pairs. To determine what is the rate of USD first you need to decide against which currency. For example: EUR/USD, USD/CAD etc'
How much a dime is worth in Norway?
Nothing. You can't exchange foreign coins in Norway -only bills.
What is the significance of foreign exchange rate risk and how can it be mitigated?
Foreign exchange rate means that 1 usd = 10 pesos. When you exchange currency, understand that it fluctuates, sometimes higher and sometimes lower. Do your trading when it's higher b\c you get more of their dollars for your. All you can do it watch the exchange rates.
Where can you exchange British coins for US dollars?
Most banks and currency exchanges don't want foreign coins. They rely upon being able to re-sell any currency they buy to a subsequent customer, and they know that they will be stuck with all the coins they buy from you because nobody traveling overseas will ever ask them for a large quantity of coins. Your best bet is to use one of the mail-order currency exchange companies which specialize in foreign coins. Search for "exchange British coins for dollars", "exchange euro coins for dollars" or "exchange Canadian coins for dollars" and you will find a few choices. There are a handful of main players in this business, located in either the US or the UK. They have been around a while and are quite reputable.
Who much is 2 euro coins worth in the US?
nothing, there are not accepted as currency here... if you take them into a bank that offers foreign exchange, they will exchange them for about $2.50 pending fees.
