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
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Ananova : Tourist Rates - Simple currency converter and table of current tourist rates.
Meta Description: [ Ananova's business desk presents the latest market-moving news, together with the share prices of top UK companies ]
Barkley's Euro Currency Conversion Calculator - Free web based currency conversion calculator with exchange rates updated daily. Calculates typical bank and credit card rates and shows the changes.
Meta Description: [ Web Based Calculator converts many monetary units into and from EUROs. Calculates typical credit card and cash rates as well as interbank spreads. All exchange rates (spot) are updated daily from the European Central Bank. ]
Currency Converter Browser Button - Currency converter you add to your browser's links toolbar. Updated daily.
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ExchangeRate.com - Provides currency exchange rates, charts and graphs, historical data, country information, quizzes and currency converters for your webpage.
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fdConvert Currency Converter - No-click currency converter which automatically converts prices on your website to visitor's local currency.
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Fxtop.com Online Currency Converter - Basic and advanced currency converters, historical and real time exchange rates. Available in multiple languages.
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Oanda.com - Lists a currency converter, currency cheat sheet and a travel expense manager. Purchase a foreign currency, travelers cheques or Visa TravelMoney.
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OzForex Custom Currency Converter - Full featured foreign currency converter, learning center and bank holiday calendar.
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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.
Meta Description: [ Pacific Exchange Rate Service: Current Exchange Rates; Database of Historic Exchange Rates; Canadian Dollar Services; Exchange Rate Economics; daily updated exchange rate data; exchange rate charts, plots, and diagrams ]
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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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