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Against what currency?
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Where can you exchange Philippine currency to US dollars?
how much is the currency exchange rate of philippine peso to u.s. dollar
What is depreciation and appreciation of foreign currency?
Depreciation is when one currency becomes weak against another currency. Appreciation is when one currency becomes stronger than other currency. For example, imagine that current exchange rate is USD/EUR=1.42 and after some time it changed to USD/EUR=1.45, in that case US Dollar depreciated against Euro. If it changes to USD/EUR=1.38 in this case US Dollar appreciates against Euro.
What is forex exchange?
A Foreign exchange, or Forex, is the conversion of one country's currency into that of another. In a free economy, a country's currency is valued according to factors of supply and demand. In other words, a currency's value can be pegged to another country's currency, such as the U.S. dollar, or even to a basket of currencies. A country's currency value also may be fixed by the country's government. ' Foreign exchange is handled globally between banks and all transactions fall under the auspice of the Bank of International Settlements.
Which Stock Exchange is known as the most liquid?
The 'forex market' is the most liquid market where foreign currencies are traded. The U.S. dollar is the most liquid currency in this market.
What is the name of the currency in Belieze?
In Belize, The current currency is the Belize Dollar (BZD).
What is the current dollar for irelands foreign currency exchange rate?
One $ = aprox. 1.21 euros
What is the current dollar for foreign currency exchange rate in Romania?
Today, 27.03.2013: 1 US $ = 3,38 lei.
What is the current dollar for foreign currency rate?
Against what currency?
What is a weak dollar?
A weak dollar is a U.S. dollar that can exchange for fewer amounts of foreign currency.
What is the price of one nations currency in terms of another nations currency?
The price of one currency can be measured by another currency, as the total amount of the currency that is equivalent to one unit of the measurement currency. Currencies are often quoted in pairs when measured this way. For example, the exchange rate of the Euro and the US Dollar can be quoted as EURUSD and USDEUR, depending on which currency is being measured (EUR representing the Euro, USD representing the United States Dollar). As an example, the current EURUSD exchange rate is 1.4675. This means that US$1.4675 is equivalent to 1 Euro at the current exchange rate. Likewise, the USDEUR exchange rate is roughly 0.6814 at the time of this answer's creation, as roughly 0.6814 Euros are equivalent to 1 United States Dollar.
What are the current foreign money exchange rates?
The exchange rate of the US to Canadian dollar as of June 27 2011 is 1USD = .986601946CAD. Other currency exchange rates can be found online or by asking any banking institution.
Explain the difference between indirect and direct exchange rates?
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
What is Sri Lanka's current foreign exchange rate?
There is no way to determine one currency's exchange rate. To find out what is the value of one currncy it has to be compare to another currency. For example, you can check what is the exchange rate of the Sri Lanka's currency (LKR) in comparison the US Dollar (USD). Currently the USD/LKR is worth 133.2622.
what is trading and what are the types of trading?
Currency trading is buying foreign currency and converting it to your currency. Foreign currency when converted to US currency is worth more than the American dollar. In order to do this you need to know the exchange rates.
What country often buys dollars in the currency exchange markets to support the dollar?
To support the dollar, the United States, through the New York Fed, buys dollars and sells foreign currency in the currency exchange markets. Japan is often relied upon to buy US Dollars on various currency exchange markets.
What is the meaning of cross currency?
A pair of currencies traded in the foreign exchange market (forex) that does NOT include the US dollar.
How do I compute a foreign currency exchange?
First you will need to find the country you will be exchanging currency with. Once that is found, you will simply transfer dollar for "dollar". A bank can do this for you. If you wish to do on your own, I would suggest a currency converter. They are normally accurate.
