Where can I find out more about currency exchange rates?

Where can I find out more about currency exchange rates?
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1 Answer

Answer :

Here is an online currency exchange rate converter that also has some information about the rates: http://www.xe.com/ucc/ or you can check out http://www.x-rates.com/ for another good currency site.
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Related questions

Where can I find the currency exchange rates for Japan?

Description : Where can I find the currency exchange rates for Japan?

Last Answer : If you search currency exchange rates for Japan it will show you exactly how much it is. You can even plug in numbers and it does it right for you. There are many places you can go.

The ratio of foreign rates to domestic rates measured in the 'same' currency is known as:a) Real exchange rateb) Nominal exchange ratec) Superfluous exchange rated) None of the above

Description : The ratio of foreign rates to domestic rates measured in the 'same' currency is known as: a) Real exchange rate b) Nominal exchange rate c) Superfluous exchange rate d) None of the above

Last Answer : a) Real exchange rate

Exchange rates for one currency against another currency, are known as: a) Real exchange rate b) Nominal exchange rate c) Superfluous exchange rate d) None of the above

Description : Exchange rates for one currency against another currency, are known as: a) Real exchange rate b) Nominal exchange rate c) Superfluous exchange rate d) None of the above

Last Answer : b) Nominal exchange rate

Under a pegged exchange-rate system, which does not explain why a country would have a balance-of payments deficit? A. Very high rates of inflation occur domestically B. Foreigners discriminate against domestic products C. Technological advance is superior abroad D. The domestic currency is undervalued relative to other currencies

Description : Under a pegged exchange-rate system, which does not explain why a country would have a balance-of payments deficit? A. Very high rates of inflation occur domestically B. Foreigners ... . Technological advance is superior abroad D. The domestic currency is undervalued relative to other currencies

Last Answer : The domestic currency is undervalued relative to other currencies

What is/are the characteristics of „Hot Money‟? A. The term is used for fresh currency notes issued by RBI B. It is the fund which inflows in the market to take advantage of high interest rates C. It is the fund which is thrown in the market to create imbalance in the stock markets D. All of the Above E. None of the Above

Description : What is/are the characteristics of Hot Money ? A. The term is used for fresh currency notes issued by RBI B. It is the fund which inflows in the market to take advantage of high interest rates C. It ... in the market to create imbalance in the stock markets D. All of the Above E. None of the Above

Last Answer : B. It is the fund which inflows in the market to take advantage of high interest rates Explanation: Hot money is currency that moves regularly, and quickly, between financial markets so investors ensure they are getting the highest short-term interest rates available.

An increase in interest rates (a) is likely to reduce savings (b) is likely to reduce external value of currency © Leads to a shift in the MEC schedule (d) Leads to a movement along MEC schedule.

Description : An increase in interest rates (a) is likely to reduce savings (b) is likely to reduce external value of currency © Leads to a shift in the MEC schedule (d) Leads to a movement along MEC schedule.

Last Answer : (d) Leads to a movement along MEC schedule

How do I get the most out of foreign exchange rates?

Description : How do I get the most out of foreign exchange rates?

Last Answer : In order to ensure that you are going to get a safe exchange rate when you go out of the country you may want to talk to your bank and possibly to a travel agent.

Have you seen cash exchange rates that are worse than travelers check rates?

Description : Have you seen cash exchange rates that are worse than travelers check rates?

Last Answer : Check with your bank to see if they charge an international fee for ATM use. Some banks charge this while others do not. If you are lucky enough to have a no-charge bank, this is often the cheapest ... 's cheques cost 1% as well. That said carrying large amounts of cash with you is not very safe.

What is the difference between Fixed Exchange rates and Floating Exchange rates? -SST 10th

Description : What is the difference between Fixed Exchange rates and Floating Exchange rates? -SST 10th

Last Answer : . When exchange rates are fixed and governments intervene to prevent movements in them, it is called fixed exchange rates. . While, when rates fluctuate depending on demand and supply ... markets in principle without interference by governments, it is called floating or flexible exchange rates.

Why exchange rates important?

Description : Why exchange rates important?

Last Answer : For any exchanges the rates are always involved, to decide itsparticular market value.In Foreign Currency Exchange market, exchanged products arecurrencies, so we say the rate on behalf of ... rates reflect a country's economic status,growth status, stability when compared to Another Country.

Why exchange rates important?

Description : Why exchange rates important?

Last Answer : For any exchanges the rates are always involved, to decide itsparticular market value.In Foreign Currency Exchange market, exchanged products arecurrencies, so we say the rate on behalf of ... rates reflect a country's economic status,growth status, stability when compared to Another Country.

What are the money exchange rates around the world?

Description : What are the money exchange rates around the world?

Last Answer : Exchange rates are always fluctuating. There are many places to find out what they are at this specific time. Here is reliable website to find the current information: http://www.x-rates.com/

What are the money exchange rates in Great Britain?

Description : What are the money exchange rates in Great Britain?

Last Answer : Coinmill.com has a current money exchange calculator on their website. This calculator includes many countries currency to exchange from. The country's money to exchange from would have to be provided.

What is cross rate ? (A) A rate of exchange derived from central bank (B) A rate of exchange between two currencies, other than those that form a market's principal rates (C) A rate of exchange derived from the quotations for buying currencies (D) A rate of exchange quoted by a dealer in foreign exchange for selling currencies

Description : What is cross rate ? (A) A rate of exchange derived from central bank (B) A rate of exchange between two currencies, other than those that form a market's principal rates (C) A rate of ... for buying currencies (D) A rate of exchange quoted by a dealer in foreign exchange for selling currencies

Last Answer : Answer: A rate of exchange between two currencies, other than those that form a markets principal rates

The main objective of International Monetary Fund (IMF) was to A. Promote International trade B. Help economically backward countries C. Maintain stable exchange rates D. Promote international liquidity

Description : The main objective of International Monetary Fund (IMF) was to A. Promote International trade B. Help economically backward countries C. Maintain stable exchange rates D. Promote international liquidity

Last Answer : Help economically backward countries

The International Monetary Fund is important because: A. It has sufficient financial resources to deal with a major global financial crisis. B. It has sufficient financial resources to help individual countries facing balance of payments problems. C. Emerging economies can exercise significant influence on it. D. It fixes exchange rates.

Description : The International Monetary Fund is important because: A. It has sufficient financial resources to deal with a major global financial crisis. B. It has sufficient financial resources to help individual ... C. Emerging economies can exercise significant influence on it. D. It fixes exchange rates.

Last Answer : It has sufficient financial resources to help individual countries facing balance of payments problems

Which theory is used to make long run predictions about exchange rates in a flexible exchange rate system?

Description : Which theory is used to make long run predictions about exchange rates in a flexible exchange rate system?

Last Answer : Purchasing Power Parity Theory

Which of the following is usually not one of the top considerations in choosing a manufacturing location? a. availability availability of labor and labor productivity b. productivity b. exchange rates exchange rates c. attitude attitude of governmental governmental units d. zoning regulations e. entertainment entertainment opportunities

Description : Which of the following is usually not one of the top considerations in choosing a manufacturing location? a. availability availability of labor and labor productivity b. ... attitude attitude of governmental governmental units d. zoning regulations e. entertainment entertainment opportunities

Last Answer : d. zoning regulations

Average Rate is the mean of the exchange rates in force during a period.

Description : Average Rate is the mean of the exchange rates in force during a period.

Last Answer : TRUE

Which exchange-rate system involves a “leaning against the wind” strategy in which short-term fluctuations in exchange rates are reduced without adhering to any particular exchange rate over the long run? A. Pegged or fixed exchange rates B. Adjustable pegged exchange rates C. Managed floating exchange rates D. Freely floating exchange rates

Description : Which exchange-rate system involves a leaning against the wind strategy in which short-term fluctuations in exchange rates are reduced without adhering to any particular exchange rate over the ... pegged exchange rates C. Managed floating exchange rates D. Freely floating exchange rates

Last Answer : C. Managed floating exchange rates

A primary objective of dual exchange rates is to allow a country the ability to insulate its balance of payments from net: A. Current account transactions B. Unilateral transfers C. Merchandise trade transactions D. Capital account transactions

Description : A primary objective of dual exchange rates is to allow a country the ability to insulate its balance of payments from net: A. Current account transactions B. Unilateral transfers C. Merchandise trade transactions D. Capital account transactions

Last Answer : D. Capital account transactions

Which exchange-rate system does not require monetary reserves for official exchange rate intervention? A. Floating exchange rates B. Pegged exchange rates C. Managed floating exchange rates D. Dual exchange rates

Description : Which exchange-rate system does not require monetary reserves for official exchange rate intervention? A. Floating exchange rates B. Pegged exchange rates C. Managed floating exchange rates D. Dual exchange rates

Last Answer : A. Floating exchange rates

Small nations (e.g., the Ivory Coast) whose trade and financial relationships are mainly with a single partner tend to utilize: A. Pegged exchange rates B. Freely floating exchange rates C. Managed floating exchange rates D. Crawling pegged exchange rates

Description : Small nations (e.g., the Ivory Coast) whose trade and financial relationships are mainly with a single partner tend to utilize: A. Pegged exchange rates B. Freely floating exchange rates C. Managed floating exchange rates D. Crawling pegged exchange rates

Last Answer : a single partner tend to utilize:

The Bretton Woods Agreement of 1944 established a monetary system based on A. Gold and managed floating exchange rates B. Gold and adjustable pegged exchange rates C. Special Drawing Rights and managed floating exchange rates D. Special Drawing Rights and adjustable pegged exchange rates

Description : The Bretton Woods Agreement of 1944 established a monetary system based on A. Gold and managed floating exchange rates B. Gold and adjustable pegged exchange rates C. Special Drawing Rights and managed floating exchange rates D. Special Drawing Rights and adjustable pegged exchange rates

Last Answer : B. Gold and adjustable pegged exchange rates

hich exchange-rate system involves a “leaning against the wind” strategy in which short-term fluctuations in exchange rates are reduced without adhering to any particular exchange rate over the long run? A. Pegged or fixed exchange rates B. Adjustable pegged exchange rates C. Managed floating exchange rates D. Freely floating exchange rates

Description : hich exchange-rate system involves a leaning against the wind strategy in which short-term fluctuations in exchange rates are reduced without adhering to any particular exchange rate over ... Adjustable pegged exchange rates C. Managed floating exchange rates D. Freely floating exchange rates

Last Answer : C. Managed floating exchange rates

A primary objective of dual exchange rates is to allow a country the ability to insulate its balance of payments from net: A. Current account transactions B. Unilateral transfers C. Merchandise trade transactions D. Capital account transactions

Description : A primary objective of dual exchange rates is to allow a country the ability to insulate its balance of payments from net: A. Current account transactions B. Unilateral transfers C. Merchandise trade transactions D. Capital account transactions

Last Answer : D. Capital account transaction

Which exchange-rate system does not require monetary reserves for official exchange rate intervention? A. Floating exchange rates B. Pegged exchange rates C. Managed floating exchange rates D. Dual exchange rates

Description : Which exchange-rate system does not require monetary reserves for official exchange rate intervention? A. Floating exchange rates B. Pegged exchange rates C. Managed floating exchange rates D. Dual exchange rates

Last Answer : A. Floating exchange rates

Under adjustable pegged exchange rates, if the rate of inflation in the United States exceeds the rate of inflation of its trading partners: A. U.S. exports tend to rise and imports tend to fall B. U.S. imports tend to rise and exports tend to fall C. U.S. foreign exchange reserves tend to rise D. U.S. foreign exchange reserves remain constant

Description : Under adjustable pegged exchange rates, if the rate of inflation in the United States exceeds the rate of inflation of its trading partners: A. U.S. exports tend to rise and imports tend to fall ... C. U.S. foreign exchange reserves tend to rise D. U.S. foreign exchange reserves remain constant

Last Answer : B. U.S. imports tend to rise and exports tend to fall

Under managed floating exchange rates, if the rate of inflation in the United States is less than the rate of inflation pf its trading partners, the dollar will likely: A. Appreciate against foreign currencies B. Depreciate against foreign currencies C. Be officially revalued by the government D. Be officially devalued by the government

Description : Under managed floating exchange rates, if the rate of inflation in the United States is less than the rate of inflation pf its trading partners, the dollar will likely: A. Appreciate against ... currencies C. Be officially revalued by the government D. Be officially devalued by the government

Last Answer : A. Appreciate against foreign currencies

Which exchange-rate mechanism calls for frequent redefining of the par value by small amounts to remove a payments disequilibrium? A. Dual Exchange rates B. Adjustable Pegged Exchange Rates C. Managed Floating Exchange Rates D. Crawling Pegged Exchange Rate

Description : Which exchange-rate mechanism calls for frequent redefining of the par value by small amounts to remove a payments disequilibrium? A. Dual Exchange rates B. Adjustable Pegged Exchange Rates C. Managed Floating Exchange Rates D. Crawling Pegged Exchange Rate

Last Answer : D. Crawling Pegged Exchange Rate

Which exchange-rate mechanism is intended to insulate the balance of payments from short-term capital movements while providing exchange rate stability for commercial transactions? A. Dual Exchange Rates B. Managed Floating Exchange Rates C. Adjustable Pegged Exchange Rates D. Crawling Pegged Exchange Rates

Description : Which exchange-rate mechanism is intended to insulate the balance of payments from short-term capital movements while providing exchange rate stability for commercial transactions? A. Dual ... Floating Exchange Rates C. Adjustable Pegged Exchange Rates D. Crawling Pegged Exchange Rates

Last Answer : A. Dual Exchange Rates

The Exchange-rate System that best characteristizes the present international monetary arrangement used by industrialized countries is: A. Freely Fluctuating Exchange Rates B. Adjustable Pegged Echange Rates C. Managed Floating Exchange Rates D. Pegged or Fixed Exchange Rates

Description : The Exchange-rate System that best characteristizes the present international monetary arrangement used by industrialized countries is: A. Freely Fluctuating Exchange Rates B. Adjustable Pegged Echange Rates C. Managed Floating Exchange Rates D. Pegged or Fixed Exchange Rates

Last Answer : C. Managed Floating Exchange Rates

How to Calculate Exchange Rates ?

Description : How to Calculate Exchange Rates ?

Last Answer : How to Calculate Exchange Rates If you're going to get money from a relative overseas, it pays to know how much the money sent to you costs in your country's currency. Exchange rates are good indicators ... are high, so that you can make the most of every dollar and cent foreign currency is worth.

Why is modern currency accepted as a medium of exchange without any use of its own ? Find out the reason. -SST 10th

Description : Why is modern currency accepted as a medium of exchange without any use of its own ? Find out the reason. -SST 10th

Last Answer : Modern currency is accepted as a medium of exchange: 1. Modern currency is accepted as a medium of exchange because it is authorized by the central government of a country. 2. In India, RBI issues the ... to issue the currency. 3. The rupee cannot be refused legally as a medium of payment in India.

Do you know of a currency calculator that uses the exchange rate at an earlier date?

Description : Do you know of a currency calculator that uses the exchange rate at an earlier date?

Last Answer : answer:I've seen one. I wanted to see how the value of euros relative to American dollars had changed since I bought some. I found it by some persistent Googling: as I got warmer, I picked up key terms and ... took a while, but I can at least tell you that I did it and therefore that it can be done.

What's a good place in the USA to trade foreign currency at the face exchange rate?

Description : What's a good place in the USA to trade foreign currency at the face exchange rate?

Last Answer : You’ll probably do best at your own bank if they do exchanges.

Overseas flight: Do I exchange my currency at departure or arrival?

Description : Overseas flight: Do I exchange my currency at departure or arrival?

Last Answer : I exchange a small-ish amount ($100 to $200) at departure and then more as I need it at my destination. Of course, I do most of my spending through credit cards, so they will do the exchange for me when it’s the most profitable for them.

What is the most cost effective way to exchange foreign currency?

Description : What is the most cost effective way to exchange foreign currency?

Last Answer : Counterintuitively, it is often credit card companies which offer the fairest exchange rates, but too late! You already chose cash. Try Bank Leumi. They have an international reputation for fair exchange, and you don’t have to get sheckles :)

What is the best month of the year to exchange U.S. Dollars for foreign currency?

Description : What is the best month of the year to exchange U.S. Dollars for foreign currency?

Last Answer : ad would know this one he works with the currency every week day but i cant answer this one sorry

I want to move to São Paulo, Brasil. Which currency is most efficient for me to exchange, euro or pound sterling?

Description : I want to move to São Paulo, Brasil. Which currency is most efficient for me to exchange, euro or pound sterling?

Last Answer : Why traveller’s cheques? Put your savings in some high interest rate deposit (ING-like) instead. In one year you will find yourself with +5%, and the choice of buying traveller’s cheques in different currencies still intact.

Why is currency accepted as a medium of exchange? -SST 10th

Description : Why is currency accepted as a medium of exchange? -SST 10th

Last Answer : . Modern forms of money include currency-paper notes and coins. . Modern currency is not made of precious metals such as gold, silver and copper. . The modern currency is without any use of its ... is allowed to issue currency. . No individual in India can legally refuse a payment made in rupees.

Modem currency is without any use of its own'; then why is it accepted as a medium of exchange ? -SST 10th

Description : Modem currency is without any use of its own'; then why is it accepted as a medium of exchange ? -SST 10th

Last Answer : Modern currency is accepted as a medium of exchange because it is authorised by the government of the country.

What is money ? Why is modern money currency accepted as a medium of exchange ? -SST 10th

Description : What is money ? Why is modern money currency accepted as a medium of exchange ? -SST 10th

Last Answer : Money is the medium of exchange used for exchanging goods, commodities or properties. Before money, barter system was present in the society, Modern money currency is accepted as a medium of exchange ... No individual can legally refuse payment in rupees so it is used as a medium of exchange.

What is money? Why is modern money currency accepted as a medium of exchange? -SST 10th

Description : What is money? Why is modern money currency accepted as a medium of exchange? -SST 10th

Last Answer : Money is something that can act as a medium of exchange in transactions. Everyone prefers to receive payments in money and then exchange the money for things they want. For example, take the case of ... a person holding money can easily exchange it for any commodity or service that he or she wants.

Why is modern currency accepted as a medium of exchange without any use of its own ? -SST 10th

Description : Why is modern currency accepted as a medium of exchange without any use of its own ? -SST 10th

Last Answer : Modern currency is accepted as a medium of exchange without any use of its own because: (i) Modern currency is authorized by the government of a country. (ii) In India, the Reserve Bank of ... settling transactions in India. (v) No individual in India can legally refuse a payment made in rupees.

where can I exchange canadian currency?

Description : where can I exchange canadian currency?

Last Answer : You can do it at your bank or money exchange shops. Compare the rates.

Where is best Currency Exchange Specialists in Melbourne Australia i want to exchange Australian dollars convert into united state dollars.?

Description : Where is best Currency Exchange Specialists in Melbourne Australia i want to exchange Australian dollars convert into united state dollars.?

Last Answer : Hi, Alex. It is hard to tell, especially when we do not know exactly where you are writing in Australia. Finding a place that does not charge anything for converting cash will be impossible, that I ... and ask for their prices and how their commissions work. That would be your best bet. Good luck!

Where can I find the US currency exchange rate online?

Description : Where can I find the US currency exchange rate online?

Last Answer : You can find the US currency exchange rate online at http://finance.Yahoo.com/currency-converter. Or you can also try this website http://www.exchangerate.com/.

What is the current US currency exchange rate for Pesos?

Description : What is the current US currency exchange rate for Pesos?

Last Answer : Pesos are not a singular currency. For example, the Mexican Peso is different than the Argentine Peso. So you cannot know a specific US Dollar to Peso rate until you know which Peso you are dealing with. You can find a specific exchange rate at www.x-rate.com.

What is the current US currency exchange rate in Mexico?

Description : What is the current US currency exchange rate in Mexico?

Last Answer : This will usually change from year to year. The current exchange rate of Mexican money into US dollars is 12.83059 Mexican pesos to 1 US dollar.