Foreign Currency Exchange Rates Knowledge Base
How are caclulated foreign currency exchange rates? Just wondering why the crisis in the US is getting worse and the value of the dollar on foreign exchange is going up. Something stinks in the state of Denmark. . Who creates foreign exchange rates? Please be specific. Thanks I do understand that demand and supply determine it. Just wondering demand and supplly from who! And who sets the final ratio.
Who controls the UK's foreign currency exchange rates? In view of the UK's lowest exchange rate against the Euro this week and a plummeting exchange against the US dollar aswell, I wondered who dictates their settings and why can't they be higher to give us Brits a better deal when we're going abroad?
How are the currency exchange rates determined daily? We see that the Foreign currency exchange rates keep fluctuating daily...Who decide those rates and what are the factors and parameters that are considered for this? Also who decides how much currency can a country create in tis mint? Thanks in advance!!
Graphs of historical foreign currency exchange rate Where can I find historical foreign currency exchange rates in GRAPH form (i.e. as curves, not tables), not limited to just a few months, but for at least 8-10 years (preferrably all time)? SDD, thanks, but it has only tables, no graphs? Thanks, Jurij-EU!
which site has up to the minute foreign currency exchange rates in this format: 255.50? Creating price lists for work so it needs to be accurate- if up to the minute doesnt exist- no sweat, just the more recent the better and hopefully 2 tenths of a dollar rounded b/c thats how I input it. also if i can cut and paste that would be awesome, thanks in advance! :)
Foreign Currency Exchange at which bank? I'm going to the US soon. Do US banks charge for a fee when you exchange foreign currency to US dollars from them? Where is the cheapest bank/place to get a good exchange rate? Thanks.
Floating and fixed currency exchange rates??? I've never delved too deeply into this so I don't know how it works. Why do some countries have fixed exchange rates and other countries have semi-floating exchange rates? Like the pound sterling is maintained artificially high through the U.K. governments interference and the Chinese yuan is maintained artificially low. Isn't this like a license to steal? Couldn't a government in theory manipulate rates to hoard foreign currency. Why doesn't the WTO or whatever agency regulates this stipulate that everyone has to have a floating currency? Remember, I only looked into this subject casually so I don't know if I'm way of base or not.
How do you find the foreign exchange rates of the previous dates in yahoo! finance? I've been looking for the foreign exchange rates for January 28, 2008 but the rates or currency conversion is set the present day. Please help me out. :/
Is there anywhere in Australia that you can get a good commission free exchange rate on foreign currency? Everywhere seems to charge fees, commission or hit you with a poor exchange rate - does anywhere give a good deal?
Where is the best place to get the best rates on exchange of foreign currency? Exchanging britsih pound into Euro's
Foreign Currency exchange web service? Hi, I would like to display Foreign Exchange Rates for Indian Rupee (INR) to different countries (e.g. USD, EUR, AUD, NZD etc) in a tabular format. Does any one know where do I get best webservice to integrate in my website. Either free service or with minimum subscription fees. Thanks, Anand. http://www.crazyweblinks.com
when i sell foreign currency, which section should i look at in the exchange rates? i want to understand the term "Bank buys" and "Bank sells" in the exchange rates.
How do I exchange foreign currency, Zimbabwe dollars to US dollars if the banks claim they don't have buyers? Our Company (US non-profit) and our Host (Zimbabwean Christian Ministry) is under government intelligence surveillance and we cannot use the parallel market (black market). Looking for a legal solution for exchanging monies. The banks are claiming to not have sellers of US currency because of the poor exchange rate. We are not allowed to purchase hard assets as these are regulated by the government as well.
Do I multiply the exchange rate by the foreign currency to get the U.S. Equivalent? I called a U.S. bank to ask the question and they said the only time you divide the exchange rate to find the U.S. dollar equivalent is on the Irish or English pound, all other foreign currencies are multiplied by the exchange rate. Sounds right?
How can someone get the best currency exchange for their foreign currency? I traveled and came back to the US, with a bunch of currency from Trinidad, Costa Rica and the Dominican Republic. How can I get the best exchange to US Dollars, as close as possible to the going exchange rate? I traveled and came back to the US, with a bunch of currency from Trinidad, Costa Rica and the Dominican Republic. How can I get the best exchange to US Dollars, as close as possible to the going exchange rate? I am exchanging the currency in New York. Also, compared to the listed exchange rates for these currencies, what percentage of the cash can I expect to get back when exchanging? for example, for one of the currencies the rate was approx. 34 units to 1 US$ on a particular day, yet a currency exchange place was offering 41 units to 1 US$. Is this a reasonable difference?
Foreign Exchange rates? Hi everyone. I need to find out the rates of exchange of foreign currencies that were prevailing on Dec 15 (and not on the current date). I tried www.xe.com but they give only on current dates. Does anyone know where I can find the rates that were prevailing on a certain given date?
Best way to exchange foreign currency? I get paid monthly in US funds. I have a US bank account linked to my Canadian bank account. Every month when I convert from USD to CAD, I loose a significant amount of money due to the difference between the posted exchange rate and the bank's exchange rate. Is there any other way to exchange money (monthly) so I don't get stung each month?
how we calculate foreign currencies exchange gain and loss? how we calculate foreign currencies exchange gain and loss, if you buy & sell stocks in international markets with currencies different than your operational currency, when we realize exchange rates gain and loss and which accounts would be affected by these gains or/and loss, do brokers and banks account got affected as well ?
Where do you get the best rates when exchanging currency in a foreign country? I've been told airports are the worst. Then there are the currency exchange vendors on every block, plus regular banks. Where are the best deals?
whats the best way to convert foreign currency to home currency. Bank? Foreign Exchange?? (UK)? whats the best way to convert foreign currency to home currency. Bank? Foreign Exchange?? (UK) The currency is estonian. can i put foreign money in my bank account? What ways are there? The currency is worth about 500 pounds so comission/poor exchange rate will make a difference. Thanks
Foreign currency exchange. Better to change at bank or smaller exchange shops? I would like to chance Australian dollars into Japanese yen. I'm in Melbourne right now and I'm thinking I will get better rates if I exchange here than in Japan. In general do banks give better rates in Australia?
ny websites that would give me the rate of exchange on foreign currency? I need to know the United States value ( rate of exchange), 10 New Pence dated 1973, REPVBBLICA ITALIANA L500,as well as1FR BELGIEdated 1957,and last but not least a REPVBBLICA ITALIANA L*20 any help I'd really be greatful for.
Do you get a better exchange rate if you buy foreign currency in the UK or in the country you are visiting? Is it best to buy travellers cheques in the currency of your destination in the UK or to buy UK travellers cheques and change them while on holiday - where would you get the best rate?
best place to exchange foreign currency (Glasgow)? I am wondering if anyone knows best place to exchange foreign currency back to British pounds? we're looking to change Swizz Franc's into British pounds? does anyone know any good stores in Glasgow that has best exchange rate?
What's the best type of place to exchange foreign currency? I've exchanged currency at a local bank and received considerably less than rates indicated. I've seen currecny specialized exchange locations in other countries; might there be a trustworthy establisment here in the States?
How are foreign exchange rates determined? Who is the governing body that determines the value of currencies? Every day the dollar is weaker, and the Euro and Pound stronger--what factors are used in determining the values of currencies, and how accurate are they?
when do banks review their international exchange rates? I bank with RBS and was wondering how often they change the exchange rates for foreign currency for banking customers - I'm paid in US$ and convert into £ Sterling - Anyone know how often they review their rates? I know they trade currencies throughout the business day, but the rate they give customers stays pretty stable as they have a big margin built into the customer exchange rate. They also have a different rate for banking customers who are transferring foreign currency into their account, this is the rate I'm looking for Thanks
Explain the multi-market dynamics of a monetary expansion taking into account floating exchange rates......? QuestionForeign Exchange Markets, etc. Explain the multi-market dynamics of a monetary expansion taking into account floating exchange rates. For instance, suppose a rise in the money supply impacts the domestic money market by lowering interest rates: >>>>In what ways would the resulting change in domestic interest rates influence the foreign exchange markets and currency exchange rates? >>>Would incomes likely rise or fall in such an open economy? Please explain some reasons why?
where is the best and safest place to buy foreign currency? i'm looking for a website that isn't a scam that will allow me to buy foreign currency (pounds and euros) without huge fees. the website i have found so far with the lowest fees is wells fargo currency exchange. does anyone know of another website that will let you buy foreign currency as close to the exchange rate as possible? thanks for the help!
What's the most economical way to exchange dollars for foreign currency? Where can I expect to get the best exchange rate and pay the fewest fees when exchanging U.S. dollars for Canadian dollars? When I use my credit card out of the country they charge transaction fees. I'm trying to avoid that.
International Economics: why a nagative slope supply curve for foreign exchange? why a supply curve for foreign exchange can be negative ? Generally, if nominal exchange rate is defined by domestic currency / foreign currency, then we will find a supply curve for foreign exchange to be postive slope. I wonder under what conditions a supply curve for foreign exchange will be negative slope. In what textbook of International Economics, can I find this explanation? Thank you for your reply.
Where is there a place in the Northern VA or DC Metro area where I can get foreign currency exchanged to US? My uncle says that there is a place in DC called "Deeks" (sp?) that has the best exchange rate. Anyone know where I can go to get LARGE foreign bills exchanged for US dollars? I need a specific location in the Northern Virginia area. Suggestions are welcome!
Foreign Currency Exchange? Hi, I am going to India on a holiday. Where do you think I will get better exchange rates? What are some of the places I can do it in Australia? I've heard about Forex, but the rates are too high! What are the rates at Commonwealth bank? Or should I just do that in India? thanks.
When the foreign exchange market determines the relative value of a currency, the country is adhering to a ? 2. When the foreign exchange market determines the relative value of a currency, the country is adhering to a pegged exchange rate. this is a true or false question
Where is the best place to exchange foreign currency? Has anyone used associated foreign exchange? I'm a student... who will be doing travel in europe...and wanted to exchange just enought for a taxi from the airport + first few purchases.... i hear bank of american has horrible rates...what do you think?
How does the government's decision to run a budget surplus affect the market for foreign-currency exchange? Assuming the world interest rate remains the same at 3%, the increase in the budget surplus will lead to: I. An increase in the demand for dollars II. An increase in the supply of dollars III. An increase in the quantity of net exports IV. Appreciation of the dollar A. I and IV only B. I, II, III, and IV C. II, III, and IV only D. II and III only
Best way to obtain foreign currency when traveling? I've been told that while traveling overseas the best exchange rate and easiest access to foreign currency is to use an ATM, and that even with bank fees and conversion % ($2 and 3% respectively), it is still the optimal method. My question is, are there any places within the United States online or not, that offer rates similarly to that of foreign ATMs? Most places I have found are anywhere from a 7 - 10% increase on the foreign conversion rate [found on XE], plus shipping fees. Or is it easier to just get money out at an ATM upon arrival and not take any with you? I am also curious as to what markup is typically present at ATMs when compared to XE values. I will be traveling to London and most of Europe, including Switzerland and Czech Republic. So I know that I will need at least 4 currencies. I would just like to minimize fees as much as possible especially since I will be dealing with $2000 to $3000. I'd like to avoid giving banks free money as much as possible! I have a capital one credit card that has 0% on all fees, which I intend to use for most all purchases, and hopefully have access to my online account sometime to pay it all off every week or so. That will likely drive down the amount of money I need to take out a lot, but there are still a lot of places that will not accept Visa that only cash will do. I am not comfortable giving my credit card to restaurants where it will be taken out of my sight when on vacation, so I will still need a fair amount of cash.
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?
How is currency conversion for buying stock on a foreign exchange handled on an individual's tax return? I purchased stock on the Canadian exchange by converting U.S. $ to Canadian $. Then I sold the stock on the Canadian exchange and converted the Canadian $ back to U.S. $. I have commissions associated with the exchange as well as a loss from the change in the exchange rate. How do I handle these two items? Do I just adjust the cost basis of the security when reporting gains/losses for Schedule D?
Would the recent increase of interest rates in Australia affects the currency rates to foreign country? I recently heard about the news of Australian interest rates rise starting from August, and I'm concerned if this would affects the Australian currency rates to other countries? I need to find out would it be wiser for me to exchange more Australian Dollars with MYR (Malaysian Ringgit) before the new interest rates begins as I'm a International Students (currently studying in Australia) from Malaysia.
What's the currency? 1..The table shows currency rates for various countries on March 31, 2003. To find the amount of foreign currency equivalent to an amount of currency from country A, Multiply the amount from country A by the exchange rate listed on the table. How many units of currency from country G are equivalent to 332 units from country A? This is what my table shows: Foreign currency Exchange rates Country Exchange rate Country B 0.9174 Country C 1.6543 Country D 0.6333 Country E 1.4695 Country F 96.97 Country G 118.0700 Here's another part one like it. 2. To find the amount of foreign currency equivalent to an amount of currency from Country A, Multiply the amount from country A by the exchage rate listed in the table. Here's the table: Country B 1.3974 Country C 1.1967 Country D 104.950 Country E 115.7 Country F 0.9406 Country G 8.0095 plz give answers
Best time of day & week for foreign currency exchange? I am wanting to purchase foreign currency (GBP to NZD) via a on-line service. I was wanting to know if there is a day of the week and or time of day that it is best to do this to ensure getting the best rate. For example: 6.30GMT Friday when the markets in New Zealand have just closed or 21.30GMT Sunday when the market has just opened in New Zealand. Basically wanting to know when a currency is usually at it's weakest
Foreign exchange rates? When you put your US dollars into a "foreign multi currency account" how is the (Local) interest rate compounded.? Assuming it is in a major bank in that country? Compound daily or longer or second by second because of currency fluctuations?
How do you purchase the IPO Alibaba? from USA or is there a currency rate exchange? Im interested in purchasing more stock. I have never purchased stock on a foreign stock market. Alibaba is a company that has opened an IPO recently, however, it is on the Hong Kong Stock Exchange. What procedures are taken when purchasing internationally. Does the currency rate calculated before purchase or will the dollar amount be reflected during purchase? Im confused and need someones expertise.
Does anyone know what book Bank Of America uses for their currency exchange? Does anyone know what book banks use to determine which currency they accept and don't accept. Where can I get foreign currency at agood rate other than a bank
The market for loanable funds and the foreign currency exchange market are connected by:? A. The inflation rate B. Productivity C. Gross domestic product D. Net capital outflow
Do "Foreign" GOLD COINS have 3 values? Do they have EXCHANGE RATES? Do foreign gold coins (say, Canadian Maple Leafs and other countries gold coins) have 3 values to them? 1) collectors appreciation value and 2) Daily spot/market price of the gold itself and 3) the foreign exchange value. And also, do real gold coins (foreign in this case) fluctuate according to exchange rates (FOREX RATES) . It would seem to me they should have some exchange rate since they could be used as currency if you wanted to. I am not sure. Thanks
Which bank accepts foreign currency depositing? I have a lot of foreign currencies at home. Since the US dollar exchange rates is getting lower and lower, so it is unsmart to exchange my foreign money into US dollars and then deposit it into saving account. So which bank in US accept foreign currencies deposit? or have a program of foreign currencies saving program? thanks
r there any banks operate same as money changer by selling foreign currencies at the "wholesale" exchange rate? again wholesale exchange rate is current rates in the forex market without any commission how about well-known banks in the world like HSBC?
On which website can I get live foreign exchange quotes? Its like this. I am planning to go abroad and wish to buy foreign exchange. I don't know who is offering the best rates. Moreover, I am looking to buy different currencies e.g. UAE Dirham, Euro, Swiss Franks and US dollars. On which website in India can I get live quotes for the best rates available for all these, and other, foreign currencies?
Exchange rate determination of indian currency? How exchange rate of indian currency is determined. What are the practical factors that affect the exchange rate. How indian currency rate goes up and comes down (with respect to US dollar) and what are the practical reasons behind it. How bank deals with foreign exchange and how RBI interfere in it ?
I found some old foreign currency in moms old trunk. Where do I go to find out collectors and exchange values? paper money from all over the world, some may have more iof a collectors value than exchange rate value
What is the foreign currency on These countries? I have to do a project and I need help do you know any places or can you answer them. What is the foreign currency on... Mexico Panama Puerto Rico Argentina Venezuela Bolivia Brazil Cuba Ecuador Chile And what is the exchange rate with the U.S dollars with these countries? You are helping alot! Thanks!
What's the best place in Los Angeles to exchange foreign currency into U.S. dollars? I found a company called TravelEx with retail locations in L.A., but their rate is horrible. Today's XE.net mid-market rate for UK pounds is £1.00 -> $1.90. TravelEx will buy £1 for $1.75!
What is the best way to buy foreign currency for overseas travel? Obviously don't do it at the airport... but how can i get the best possible exchange rate with the lowest fees? The currency type will vary for me... so whats the best general answer?
Which is the best website(s) for long term forward currency exchange predictions? I am looking to transfer UK pounds to Australian Dollars, however, the rate is low at the moment and would like to know the best time to transfer. Does anybody know a good website(s) for long term forward predictions on currency exchange or hear predictions from people in foreign exchange. Many thanks
which site has up to the minute foreign currency exchange rates in this format: 255.50? Creating price lists for work so it needs to be accurate- if up to the minute doesnt exist- no sweat, just the more recent the better and hopefully 2 tenths of a dollar rounded b/c thats how I input it. also if i can cut and paste that would be awesome, thanks in advance! :)
Foreign currency exchange. Better to change at bank or smaller exchange shops? I would like to chance Australian dollars into Japanese yen. I'm in Melbourne right now and I'm thinking I will get better rates if I exchange here than in Japan. In general do banks give better rates in Australia?
Exchange rate determination of indian currency ? How exchange rate of indian currency is determined. What are the practical factors that affect the exchange rate. How indian currency rate goes up and comes down (with respect to US dollar) and what are the practical reasons behind it. How bank deals with foreign exchange and how RBI interfere in it ?
Exchange rate determination of indian currency ?? How exchange rate of indian currency is determined. What are the practical factors that affect the exchange rate. How indian currency rate goes up and comes down (with respect to US dollar) and what are the practical reasons behind it. How bank deals with foreign exchange and how RBI interfere in it ?
Foreign Currency Q- exchange? Is it better to change dollars into Euros before I travel to the EU, or do you think I should just wait will I get to the country of destination and it will be a better deal there. ( As in fees and transaction percentages etc. extra cost, better rate.....) Please share your experience with this..!
Foreign "Penny Stocks"? Does anyone have experience trading foreign denominated stocks? Stocks listed on a foreign stock market- denominated in the foreign country currency? Some country currency exchange rates are pennies on the US dollar? Thank you.
Do you think that foreign students should be charged more for tuition than Americans here, in the USA? Here in Texas, and probably every other state in the Union, Community and State Colleges charge two or three different tuition rates, based on residency. In-county (for 3 tiers) residents pay the cheapest rates. In-state residents typically pay a mid-priced tuition (for 3 tiers) or the cheap tuition rate (for 2 tiers). Out-of-state and foreign students pay through the nose! Typically, after 1 year living in state or in county, out-of-state students get to pay the cheaper local rates. However, in most cases, foreign students never get the cheaper rates, regardless of how long they live in the particular state. Typically, the multi-tiered tuition depends on property taxes collected by the college district. Some colleges have dorms, but many foreign students live in apartments or rented houses or with extended relatives where property taxes are paid. Consider also the currency exchange rates and some foreign students are US-sponsored. Is this Fair? Unfair? Discrimination? Many foreign students attending college here, in the USA, are living in apartments or rented houses. The owners of these apartments or rented houses pay property taxes. The tax money comes wholly or in part from the rent collected. Also, some foreign students are sponsored by friends, distant relatives, or organizations here in the USA. Also, foreign students are NOT tax exempt. Foreign students must pay sales tax in the stores, register and inspect their vehicles (for those who buy a vehicle here, even if it is a 15-year-old "cash" junker). Also, banks don't lend student loans to foreigners without an American co-signer. Banks won't let their money just waltz out the door just like that! Again, is it Fair, Unfair, or Discriminatory for Colleges (& Universities) to charge foreigners higher tuition?
Foreign Exchange Artificial Intervention? Can the government of any nation or any global authority manually intervene in the foreign exchange market to change the exchange rate of any 2 or more particular currency pairs? For example if the exchange rate was dropping or rising too much and damaging the economies of coutries, could anyone artificially change it just like that in the interests of global economic stability or the like? And if so when and how recently does/has this happened before?
Foreign currency forward pricing problem? I have been trying to solve this problem and I don't know where to go. A company enters into a forward contract with a bank to sell a foreign currency for K1 at time T1 . The exchange rate at time T1 proves to be S1 > K1 (NOTE, S1 is the spot price at T1). The company asks the bank if it can roll the contract forward until time T2 > T1 rather than settle at time T1 . The bank agrees to a new delivery price, K2 . Explain how K2 should be calculated. I'm thinking there should be a time adjusted difference between K1 and S1 factored into the new price along with the spot price at T1 (S1). K2=(2*S1-K1)*exp^((r-rf)(T2)) I'm not sure what direction to go in after that. Maybe I'm thinking about this too hard, but I feel like I'm missing something.
Can banks in Britain exchange large sums of British Pounds into foreign currency? I'm after Pakistani rupees, in particular. Do you know any Banks/Building Societies that offer a service? Do they charge comission do you know and what rate is the exchange done at? Their own rate or at the market's rate? Does Nationwide Building Society offer any services like this? Is it possible to change Pakistnai Rupees (large sums) back into British Pounds at the market rate, too?
Anybody know how to solve this?? Been trying to solve it countless of times... Thanks..? You are given $1million to invest in Fixed Deposits. Given the information, Interest rates: AUD 3-mth (pa) 4.21% Foreign Exchange Rate (SGD per unit of foreign currency) Spot rate 1.0417 3mth forward rate 1.0005 How do u calculate the total returns if u were to invest in AUD FD, using SGD funds? Thanks in advance.. **I'm totally hopeless in my calculations, been trying very hard to solve it.. hope somebody out there can solve this Q.. Btw, the ans for this is SGD$970,557.99. Regards, Janice
Foreign Interest Rates and Purchasing power? I have a new trading account in a foreign country (USD converted to their local currency). If the national interest (Short term rates) rate in this foreign country is 10.00% does this mean that each US dollar has a purchasing power of 10.00%? To purchase a product (or security) you could multiply your returns on investment (interest rate + exchange rate) by 10? Every US dollar placed within this country would grow exponentially by 10? Thank you.
I need foreign currency - where can I get the best rate? I'm travelling to Singapore, then Malaysia and then Dubai. What's the best place to get the local currency for each of these places in terms of exchange rate/ commission etc. i.e. am I better off getting money here, or should I get it there? Is an ATM better than a bureau/ bank? Are there money booths in Singapore where I could get Malaysian Ringits or would I be better off getting it in Malaysia? Thanks
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.
Anyone know why this is? Why is an exporter that is to be paid in six months in a foreign currency worried about fluctuating foreign exchange rates?
In the US, Is it legal to purchase foreign currency directly from individuals? I'm planning a trip to Europe, and instead of paying the commisions, and accepting the terrible exchange rates banks offer, I was thinking of buying left over currency from people returning from Europe. Is it legal to do so, or do I have to buy my British pounds, etc. through a bank or the "change" bureau at the airport? Thanks.
Lets say I have $5 million dollars to spend on foreign exchange, which 4 currencies should I buy out of these: My aim is to play the part of a currency trader and to trade different curtrencies to increase the value of the currency I am actually holding. I have $5 million USD to spend on the following currencies: (I want to use atleast 4 of them) Euro Pound Sterling Yen Australian Dollar Hong Kong Dollar Franc (Switzerland) Peso (Mexico) Lire (Turkey) Krone (Norway) Rouble (Russia) Rupee (India) Baht (Thailand) I want to make as much money as possible. Which currencies should I buy and why? And when converted back into dollars, how much profit will I make from that currency today. Use todays forex rates March 5th) on this site if needs be: http://www.xe.com/ucc
Exchanging currency at the Post Office (UK Question) Foreign money? At the moment the British post office are offering commission free exchange rates. We are looking to exchange some sterling for euros. Does anyone know if the PO keep euro's in stock, or do we have to order them from them?
Foreign currency comparison site? I'm looking for a website that can compare exchange rates on different websites and tell me which one offers the best exchange rate. I'm specifically interested in sites in the UK and comparison between GBP and other major currencies.
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