Gourt > Recreation > Travel > Preparation > Currencies > Exchange Rates (1)
In finance, the exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other. For example an exchange rate of 120 Japanese yen (JPY, ¥) to the United States dollar (USD, $) means that JPY 120 is worth the same as USD 1. The foreign exchange market is one of the largest markets in the world. By some estimates, about 2 trillion USD worth of currency changes hands every day.
The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.
Quotations
An exchange rate quotation is given by stating the number of units of a price currency that can be bought in terms of 1 unit currency. For example, in a quotation that says the EUR-USD exchange rate is 1.2 USD per EUR, the price currency is USD and the unit currency is EUR. More on [ Exchange rate ]
Online Calculators :: Units of Measurement
One of #Vermont's challenges: @solarafrica: exporting natural resources raises exchange rates, making manufacturing sector less competitive
STICOMYTHIA (Roderick Carmosino) Mon, 21 Dec 2009 15:13:30 -0000
One of #Vermont's challenges: @solarafrica: exporting natural resources raises exchange rates, making manufacturing sector less competitive
RT @solarafrica: Dutch disease: exporting of natural resources raises the exchange rates, making the manufacturing sector less competitive
InvasiveNotes (John Peter Thompson) Mon, 21 Dec 2009 15:05:33 -0000
RT @solarafrica: Dutch disease: exporting of natural resources raises the exchange rates, making the manufacturing sector less competitive
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Ananova : Tourist Rates - Simple currency converter and table of current tourist rates.
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PACIFIC Exchange Rate Service - Contains historic daily exchange rates, updated daily. Results can be shown in various table and plotted formats. Also lists a Euro fact sheet.
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Royal Bank Currency Converter - Currency converter that allows you to convert foreign currencies to Canadian or U.S. Dollars. Also articles that include; Planning Your Finances for Your Short StayAccessing Your MoneyUsing Convenient Cash Alternatives and Having Enough Local Currency
Universal Currency Converter - A currency tool that allows you to perform foreign exchange rate calculations on the Internet, using up-to-the-minute currency rates.
X-Rates.com - Currency exchange rates, time plotted charts, conversion tables, calculator and historic lookups.
Meta Description: [ Currencies and convertion calculator for exchange rates. Graph of last days values using data from the Federal Reserve Bank ]
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