Currency Trading

1000 mile livres convert to Philippines peso

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As at 16Sep09 GBP1 = INR 79.30

How much is 200 DVE STE Korun worth in English currency?

This would depend on the country you are in. Usually a license with the central bank, or monetary authority is required.

The current conversion rate is, 1 Euro = $1.41. That means that 1.4 million Euros equals $1,974,000.

Average daily turnover is about US$4 trillion as estimated by the Bank for International Settlements.

Which Escudo? Escudo was the currency used, most famously, in Portugal before the adoption of the Euro in 1999. Today only Cape Verge uses the Escudo, with USD1 = CVE79 so CVE100 - USD1.266.

China's currency is restricted, meaning that it cannot be simply changed like one would for say Japanese Yen.

You may exchange if you have some trade flow or documentary evidence supporting the exchange.

You may be able to get relatively small amounts exchanged at money changers.

$2.33 USD

The Mark-To-Market gain or loss from trade date to settlement date will reflect any move in the currency's value over the period.

As of 16Oct09, the interbank rate is 439, so expect to get somewhere 3-5% either side of that.

100 Bangladeshi Taka is worth 69 Philippine Pesos as at 23Sep09

It is a floating relationship (USD1 = PHP 48 as at 16Sep09) but the Philippine central bank regularly intervenes to influence the currency.

In Forex trading you take a position on a currency pair, either long (meaning that it will increase) or short(meaning that it will decrease). Hedging refers to safeguarding your position with an opposite trade on the same pair.

The idea is that one of the positions will make money while the other looses money, once it is clear which one was the correct position you close the wrong one for a small loss. But the goal is that the one that makes money will more than offset the small loss.

The US Futures & Commodoties Exchange Commission recently banned Forex hedging on the same pair for all US based traders. It is still allowed internationally, and US traders can use international trading platforms online to place single pair hedged trades. There are also different currency pairs that have inverse relationships to each other, so US traders can hedge their risk using separate pairs.

American money is identified by to words 'United States of America'.

This is 20 Chinese Yuan.

As at 11Oct09 20 Yuan was worth 2.92 US Dollars.

Cash sales for immediate delivery.

Shipping terms / Spot rate - Rate for single voyage based on the market situation on the day.

Headgers are basically people who tend to mitigate the risk arising out of a trade or any underlying securities basically includes exporters & importers.

Speculators on the otherhand bet on the price movements takes calculated risk when the market moves up on their expectations.

Arbitrageurs takes risk by investing in alternative markets. Gain realised from the same is unlimited.

All of the above are highly important as far as currency future market is concerned.

its about 5.81 us dollors The Jamaican Dollar fluctuates on each trading day vs the USD. However it tends to loose value more than it gains on these trading sessions. While lost or increase in value is not that great on a particular day over a few weeks or months the difference could be significant if you are changing a tidy sum.

A bolivars is the unit of money in Venezuela. One bolivars is worth 16 American cents and 5 bolivars are worth 79 American cents.

Piso or Peso

1 Pip would be roughly $10. Though the price varies from pair to pair.

$700 is €662.44 (1/10/17)