currency exchange

Trading foreign cash

Currency exchange is the conversion of one country's money into another's, or a place where such transactions occur.

Banks, airports, and specialized bureaus offer currency exchange services: I stopped at a currency exchange to get euros before my trip.

The term also refers to the rates at which currencies trade against each other.

transaction

bureau de change

Currency trading counter

spread · commission · kiosk · wire transfer · remittance · traveler's checks · counter · receipt · transaction fee · Western Union

trading

forex

Currency trading market

pip · leverage · margin · speculation · arbitrage · liquidity · volatility · technical analysis · day trading · position

rates

floating rate

Interest tied to index

depreciation · devaluation · revaluation · nominal rate · SDR · overvalued · undervalued

policy

central bank

National currency management institution

dollarization · IMF · quantitative easing · interest rates · black market rate

currencies

dollar

Basic U.S. currency unit

  • euroShared continental currency
  • yenPersistent strong craving
  • poundWeight, strike, or kennel

yuan · rupee · peso · franc · baht · rand · krona · dinar · dirham · won

Categories
Opposites
transaction type

currency exchangebank transfer

Electronic movement of money

wire transfer · direct deposit · account transfer · cash withdrawal · internal transfer

monetary stability

currency exchangegold standard

Measure of ultimate quality

dollarization · monetary union

economic system

currency exchangebarter

Direct goods-for-goods exchange

barter system · direct trade · subsistence economy · gift economy · commodity exchange

Family

current, exchange, currency, currently, exchanges, currents, currencies

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G