|
|
|
| |
Advertisment
|
| |
Wikipedia
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 Un...
http://en.wikipedia.org/wiki/Exchange_rate
|
| |
Links
|
|
|
| |
Blogs
http://comdistrib.blogspot.com/2008/07/03.html03 (by: zemin)
His theory considered the transmission of information as a statistical phenomenon and gave communications engineers a way to determine the capacity of a communication channel about the common currency of bits ...
http://srehfjmcgzua.blogspot.com/2008/07/forex-robots-free-one-that-is-proven.htmlForex Robots - A FREE One That is Proven and Makes Big Gains! (by: nayil)
For free 2 x trading Pdf's, with 50 of pages of essential info and a course to www.learncurrencytradingonline.com/subscribe.htmlLearn Currency Trading Online visit our website at: ...
|
| |
Videos
economagic468x60.swf
|
|
|
| |
Downloads
|
| |
Definition
No definitions found for x rate currency.
|
| |
Questions & Answers
Where is the best place to buy foriegn currency?
I have been checking using online x rates currency converter from Aus - Nz dollar and it says 1.15, but everywhere is only offering 1.10 max? can somebody please HELP ME!
Depending on the amount of currency you want to exhange, you may be screwed. The rates reported are generally for very large transactions. I have found that credit card companies (Amex in particular) offer the best exchange rates when you buy items in foreign countries. If you need the physical currency, go to a bank that is domiciled in the country you want to get the currency, i.e.go to deutsche bank if you live in NYCfor euro's and try exchanging it there.
Multuiply exchange rate x foreign interest rate?
If you multiply a currency exchange rate by a foreign interest rate what kind of investment does that make?
That sounds like a meaningless investment you have there. A currency exchange rate is dependent on which currency you will use as the base currency. For example US$1 = PHP50 is also equivalent to $0.02 = PHP1. You have to figure out first which currency rate you will use.
When you invest in a foreign interest rate, more often than not, you will have to use that country's local currency. So you will have to first convert your local currency into your investee country's currency. Only then can you calculate you yield. You will also have to take into consideration the foreign exchange gains or losses when you invest in a foreign currency. So you should add or subtract this from the interest income you will get from your investment. Study something about interest rate parity.
Help on foreign currency please x?
I am going for a 2 week holiday to Zante on 1st June (cant wait) but my partner and are going self catering so will need to take about £600 worth of Euros. What is the best way to take it, travellers cheques ? or these new foreign currency cards ? and has any one used these new cards and if so do most places accept them and which works out better exchange rate wise? Any help greatly appreciated, thank you in advance xxx.
Take about €100 and the rest in travellers cheques... you can normally change these at your hotel... or use the cashpoints out there to remove the need of carrying the cash/cheques with you
|
|
