One can see a money exchange calculator on the XE website. The XE website is updated constantly and has the most accurate and up to date exchange rates.
There are several currency converters that can be found online for free. XE Currency Converter is a good one. One can also go to their online banking website as they will usually offer this service for free as well.
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There are many good online websites to reference current currency exchange rates. Some good places to go to include the following: XE, CNN Money and Oanda.
One can see a money exchange calculator on the XE website. The XE website is updated constantly and has the most accurate and up to date exchange rates.
Here is an online currency exchange rate converter that also has some information about the rates: http://www.xe.com/ucc/ or you can check out http://www.x-rates.com/ for another good currency site.
As we all know, the US currency is at a low. The Hong Kong Dollar, the Mexico Peso, and the Norwegian Krone seem to have good exchange rates at this time. However, exchange rates change daily.
Currency conversion or exchange rate tables are used to indicate how much one currency would be worth in another currency. Because exchange rates vary by the minute, once a currency conversion table is printed, the exchange rates represented within the table are almost immediately obsolete. However, barring any unusual economic activity, any recent currency conversion table does provide a good estimate for exchange rates and can help the average traveler determine if they are being given a good conversation rate.
You should buy currency exchange from a well reputed bank. They offer good rates and usually have most of the popular currencies. Now days many banks also have an online option so you can check out the rates on the internet.
Exchange rates fluctuate according to world market rates. A good way to find out the exchange rate for any currency is to do an internet search for a "currency converter" or call your local bank. As of 2 July, 2009, 60 EUR would be worth about $84.58 USD, but check on your own for exact exchange rates.
Exchange rates are dynamic so you will need to use one of the web-based currency converters. These will usually give the average of the buying and selling rates: you will not get that good a rate when you do convert the currency.
The bank is always a good place to start in getting the exchange rates. I have also seen exchange rates in International airports. Going to a website of the country that you are wanting to find the exchange rates is another good place to go.
www.oanda.com is a great currency exchange site to visit.
The beginner level:Exchange rates are set by market forces. The currency is "traded" in a global market place.Its value is set by how badly people want a certain currencyThis can be effected by interest rates in each country, government and personal debt levels in each countryAnd of course whether other countries and business will accept the currency for payment of debt.Finally there are Currencies that are pegged or locked to the value of gold or another currency by that countries law. This brings in a black market exchange of this currency that can make gangsters good money.Please see: How do exchange rates work?Thanks.
There are loads of money exchange calculators available online. This is one I use and I find it great: http://www.moneyextra.com/rates/currency-converter.php