exchange rates
Money conversion figures
Exchange rates are the prices at which one currency can be converted into another: The exchange rate between dollars and euros fluctuates daily.
They determine how much foreign money you get when traveling or trading internationally.
Rates may be fixed by governments or float according to market forces.
A favorable exchange rate means your money buys more abroad; an unfavorable one means it buys less.
- forexCurrency trading market
- currencyMedium of exchange
- monetary policyCentral bank economic controls
- inflationSustained price level increase
- conversionAct of changing states
money changer · dollar strength · finance · pegged · currency fluctuations · remittances · economics · balance of payments · central banks · currency devaluation · sterling · fixed · euro · speculation · markets · trade deficit · fiscal policy · yen
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- global financeinternational banking, financial hubs, central banks, capital flows, forex
- International Financeoffshore accounts, foreign investments, currency reserves, foreign currency, international banking
- Remittanceswire transfers, bank transfers, transfer fees, Western Union, MoneyGram
- economyGDP, money, inflation, GNP, market
exchange ratesgold standard
Measure of ultimate quality
dollarization · Bretton Woods system · monetary union · single currency
rate, exchange, rates, rated, exchanged, exchanges, exchanging, exchangeable, rater