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Currency Trading

FX currency markets where international currencies are traded through the use of swaps, futures, spots, options and forward transactions

1,215 Questions

How much is 5 pounds sterling in 1973 worth today?

To determine the current value of £5 from 1973, we can use historical inflation rates. In the UK, inflation has significantly reduced the purchasing power of money over the decades. As of 2023, £5 from 1973 is roughly equivalent to about £40 to £50, depending on the specific inflation measure used. This reflects the general increase in prices and cost of living in the UK since that time.

How many yuan is a dollar?

A little less than 7 Yuan equal 1 US Dollar.

-glavanway

What is Chinese in exchange for American money?

China uses the yuan. About 7 yuan equal 1 US dollar.

-glavanway

What happens if the US dollar depreciates?

If the US dollar depreciates, the currency pairs such as EUR/USD, AUD/USD, GBP/USD...., and commodities that dominated in US dollar including Gold, Silver... will go up. In terms of investment, capital will run out of US and flow into areas which have higher rates. Reference: Alpari analytics

What is forex charge?

In Forex trading, there are various fees and charges to be aware of. These may include spreads (the difference between the buy and sell price), commissions (if applicable), and overnight financing costs for holding positions overnight.

Forex trading hours Sunday?

The forex market is open 24 hours a day in different parts of the world, from 5 p.m. EST on Sunday until 4 p.m. EST on Friday. The ability of the forex to trade over a 24-hour period is due in part to different international time zones.

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Is the Vietnamese Dong a good thing to invest in?

It is very risky, but pays high interest.

High Risk = High Return, but beware, if it's value declines, you could be left holding only pretty paper!

How much is 1.7 million in Indian rupee?

In 2014, the Rupee hit an all-time high of 56.78 per U.S. dollar. Therefore, $1.7 million in the U.S is the same as 999,430,000 Rupees.

Is forex currency trading halaal?

By halaal I'm assuming you mean to ask if it complies with the Islamic law.

Some forex brokers have set up Islamic accounts specifically for this purpose. They are know as Islamic or Swap free accounts.

The basic premise of the "islamic-safe" type of forex accounts comes from Shariah law interpretation that muslim cannot receive anything in return for giving. This means no interest can be given or received on any financial account.

Is forex trading halaal?

Forex trade when it is done physically on the spot is Halal and permissible. Any profit earned from such trade is also permissible. Online forex exchange where people buy and sell different currencies online without actually acquiring physical possession is not allowed according to many scholars.There are many brokers out there such as instaforex,Greenvault FX,yadix, etc.. who are offering islamic swap free account to islamic traders.

What is euro issues?

Euro issue refers to the issuance of stock by new public companies so as to raise money. The initial public offer is referred to as Euroequity.

What is the premium on money in a currency exchange?

Agio is the term for the premium on money in a currency exchange.

Why do we need mirror trading in forex?

The Mirror Trading method, allows traders to follow tested methods of experienced traders. Basically it's Auto trading.

In any case, you can't copy the trade results completely because of different settings, brokers, execution time, ping, latency, etc

How much is 20.000 us dollars worth in south Africa?

If you mean $20 US dollars it is worth 134 South African Rands, if you mean $20,000 US Dollars it is worth 134,888 South African Rands.

How many graduates get a job in their chosen field?

If we base from today's graduate, almost 36-47% graduates only can get a job from their chosen field.