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The US dollsr remains the current standard.
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∙ 16y ago
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How did trading begin with currency?
The oldest recorded incident of currency trading was mentioned in the Bible when Jesus went to Jerusalem and entered the temple and threw out the money changers. back in those days since Jerusalem was the spiritual capital, people from near by regions would travel.. It was in Jerusalem that they would trade their foreign currency with the local currency.
Highest currency in the world?
In according to my opinion our own currency is highest currency......
What currency was in World War 2?
the German currency Deuchmarks
What is the worlds oldest currency?
The world's oldest currency still in use is Pound Sterling (The currency of the United Kingdom).
How many country in world its capital currency?
how many country capital currency
Where can one find news on currency trading?
One can find news on currency trading news at Forex News Trading. You can look at current foreign currency exchange rates, so you can mobile trading as well.
Where online can I learn the current currency trading rates?
You can learn about the current currency trading, or exchange rates, by visiting http://www.x-rates.com/. You can select which currency you wish to compare the exchange rates on and over what period of time.
Which city leads the world in currency trading?
Currently, London leads the world in currency trading, dealing with more than 2,000 billion dollars a year.
What is the significance of Forex Trades?
Forex trading is essential a money market trading system, allowing foreign currency to be traded around the world. The importance of Forex trading is that it determines the value of each currency across the world. Forex trading enhances trading between countries by enabling funds to be easily converted from one currency to another.
How far does foreign currency trading go?
Foreign currency trading is not measured in length. However, the breadth and depth of foreign currency trading encompasses most of the world's currencies and if properly traded and understood can be used to make a large profit.
What books are there that cover currency trading strategies?
There are too many books on the subject of currency trading strategies to list them all. But here is a selection of books on currency trading sold on Amazon: Currency Trading For Dummies, Forex Made Simple, Getting Started In Currency Trading and The Little Book Of Currency Trading.
What are some tips for currency exchange and trading currency on the foreign market?
There are several tips for currency exchange and trading currency on the foreign market. Some of these include understanding the strategies of the market, managing risks, to not expect to win on every trade, and to do lots of research on what the current statistics and data are.
Is currency trading profitable in the current economy?
Even in today's economic climate currency trading can be profitable. Before you start though you should research it and make sure you know what you are doing. If you do that then yes you can make a profit.
What are the benefits of online currency trading?
Online currency trading has many benefits. You can trade anywhere in the world, from a computer or a phone. You also, in some cases, won't have to give as much information as you would with dollar currency.
How do you find out the online currency trading rate?
If you are looking for information on online currency trading there are several online currency trading brokers which will provide you with up to the second trading information.
When does currency begin trading?
Currency trading happens 24/7 because the world never sleeps. In general currency trading happens during a country's general business hours. So while the USD is being traded, AUD might be asleep and vice versa.
How are currency conversions done?
Trading of foreign monies are being done continually. Currency conversions are done by exchanging two different forms of money. One value of currency is traded for the current value of the other currency.
