Finance, Forex and Investments

Exchange rate? Why does the exchange rate vary?

exchange rate? i need to know the exchange rate from american money to the money in zambia by tomorrow

Exchange Rate? If the exchange rate falls from 10 francs per dollar to 6 french francs per dollar then from the perspective of an American consumer, what happens to the attractiveness of french goods?

What is the comercial and public exchange rate for stirling to euro? I'm going on holiday next week to Europe and decided to ask my bank about charges of withdrawing money. The charge is 2%, however they also said that due to the 'commercial' exchange rate being better than the 'public' exchange rate this charge will be some what negligible. Does anyone know if this is correct? IE what the commercial and public exchange rates are right now?

What will happen to Canadian exchange rate under the following two situations? The governor of the Bank of Canada announces that he will reduce inflation with a new anti-inflation program. If the public believes him, predict what will happen to the Canadian exchange rate. AND If expected inflation drops in Europe so that interest rates falls there, predict what will happen to the Canadian exchange rate.

What does the rate of ligand exchange behavior have to do with being a good antitumor agent? Platinum complexes are known to have slow ligand exchange rates, but what does this have to do with cancer? How does the rate help these complexes become good antitumor agents? Thank you Caroline!

What exchange rate is used for paying debts in Euros today that were in the former European currencies? A friend who has personal debts from 1992 in Italian lira, German marks, Spanish Pesetas, and Greek drachmas wants to pay his debts. But, of course now they are in Euros. What exchange rate does he use to figure the value in Euros? When the currency conversion took place, I assume each former currency had a fixed rate to the Euro? What is it for these currencies? Thank you.

How to fix an exchange rate in international trade? I am from Europe and planning to buy products from Indian. How can I fix an exchange rate for this trade? Because every day the price is varying. So how can I fix a rate? Can you please give me some advice?

What exchange rate do Canadian credit cards use for US Currency? I want to buy something from a US store online. Does the credit card company use the current exchange rate or do they have their own rate?

What was the exchange rate for Russian Rubles to America Dollars in the 1970's? What was the exchange rate for Russian Rubles to America Dollars in the 1970's? Please let me know where I can find this. Thank you.

Why come the exchange rate on the Dollar keep going down in the Philippines but the Euro stays steady? I look at the exchange rate and i see that the Euro is staying steady for at least 2 years where as the dollar continues to take a dive against the peso in the Philippines. Somebody explain to me if Europe is having this major problem and going bankrupt why come its exchange rate isn't going down in the Philippines?

How does the exchange rate affect international trade? I need some key points to discuss when talking about the exchange rate and how it effects international trade. This involves how vice-verse thinking such as policies that effect the exchange rates.

Whats true of fixed exchange rates if the central bank uses monetary policy to fix the exchange rate? A. All these choices are true. B. A fixed exchange rate magnifies the ability of monetary policy to stabilize the domestic economy. C. With a fixed exchange rate, net exports always tend to equal zero. D. Because the central bank is responsible for maintaining the fixed exchange rate, it is not free to use monetary policy to stabilize the domestic economy.

What exchange rate should I use when I am doing my capital gain taxes? I bought and sold all my stocks during the last 3 months of 2007, when USD was very low. Should I use Bank of Canada's average for the year or should I calculate them based on which month I bought and which month I sold? Can I use the average exchange rate for the last 3 months of the year?

What is the best exchange rate to look for? I need to exchange money from Pound to Euro, and to get more for my money, what exchange rate should I be looking at when different places have different rates?

How to calculate the exchange rate under the Bretton Woods system? I know that other currencies were pegged to the USD and USD was in turn pegged to one ounce of gold. However, I am not sure how to find the exchange rate. Say we are interested in the French franc, so how can we find the exchange rate between franc and USD under the BW system? Can someone please show me the math?

Does the exchange rate of the pound and euro strengthens or weakens during a recession? What are the effect of the recession in currencies abroad and national? If say im selling a product multinationaly and a natinonal recession took place in one country and theyre exchange rate falls, Will my product be more successful in sales because the price of my product becomes cheaper? If i am right does that mean that a recession can be a good thing to some businesses?

When a government maintains an overvalued exchange rate, what happens to its foreign reserves? When a country has a fixed exchange rate that is greater than the free market equilibrium rate, its exchange rate is overvalued. A. Foreign reserves decrease. B. Foreign reserves remain unchanged. C. Foreign reserves increase.

What drive exchange rate of currency up and down? 1) I would like to ask what drive exchange rate of currency up and down? 2) How George Soros made those Asian currencies to depreciate?? I know he used some derivative tools to do it but how?? Please elaborate on the answer. Thank you. In question 2, I would like to ask how George Soros made those Asian currencies to depreciate during the Asian financial crisis at 1997

What is a foreign exchange rate? How do foreign exchange rates affect imports and exports? Pick a country and tell me about the exchange rate of the U.S. dollar versus that country. Has the exchange rate changed recently? Why?

How to find exchange rate with given information? The current yen - dollar exchange rate is ¥89 to $1. Further, the current dollar - pound exchange rate is $1.52 to 1₤. Based upon this information, what must be the yen – pound exchange rate? What would happen if the actual yen – pound exchange rate did not equal this value? Explain.

How do i get the best exchange rate for £ to euros? Living in England and going to Amsterdam and Tenerife in the next month and needind to change about £1000. Would i be best doing it here or in Amsterdam or in Tenerife. In other words where will i get the best exchange rate? Thanks in advance.

What is the exchange rate between the US dollar and British Pound? What is the exchange rate between the US dollar and British Pound? I may be traveling from the US to London, UK. How come there is no 100 pound? In the US we have $50 and $100 bills. I notice that the 50 pound noate has not been revised since 1994. Are they going to discontinue the 50 pound note?

How would the exchange rate help to improve a country's balance of payments? Can somebody explain how this would happen. I know balance of payments has to do with exports and imports but I'm trying to figure out how that ties in with the exchange rate. Whats dffs?

What does the exchange rate show about the performance of a country's economy? Eg. Australia. The exchange rate has moved from 0.8USD to peaking at 1.1USD sometime last month. What does that show about Australia's economical performance?

What method of currency exchange will give me the best exchange rate? I'm going to Europe next month and I know the exchange rate is terrible but I wanted to know what method of conversion gives me the most Euro for the buck... traveler's cheques? exchanging cash at a local exchange place? using my atm card everywhere I go? Taking money out of the ATMs there? From your experience, what has been the most convenient and cheapest method?

What is the exchange rate on a Bosnia feninga coin? We found a coin. I identified it as a 5 feninga coin from Bosnia. I had some difficulty finding the exchange rate. How much is this coin worth in USD?

Under a flexible exchange rate, how does an easing of monetary policy affect the value of the exchange rate? Does this change in the exchange rate tend to weaken or strengthen the effect of the monetary ease on output and employment? Explain.

What are the factors that cause the exchange rate to appreciate or depreciate? What are the factors that cause the exchange rate to appreciate or depreciate? Under Economics.. :| Please help? Thank you.

If the real exchange rate rises does this mean that the domestic currency is becoming undervalued? By following this equation r=eP*/P, a decrease in domestic prices( P ) leads to greater real exchange rate(r) which as I understand leads to the domestic currency becoming undervalued, where P* is the foreign price level and e is the nominal exchange rate. Am I being right?

How would i work out this mathematics exchange rate question? Margaret is in Switzerland. The local supermarket sells boxes of Reblochon cheese. Each box of cheese costs 3.10 Swiss francs. It weighs 160g. In England a box of cheese costs £13.55 per kg. The exchange rate is £1 = 1.65 Swiss francs Work out whether Reblochon cheese is better value for money in Switzerland or in England. How would i work out this question to get an answer? Much help would be great :)

How do you measure exchange rate stability? I need to find how the exchange rate stability of the New Zealand dollar has changed over the last three years? Any ideas on how to find this information and what is the indicator? Thanks!

How is the currency exchange rate of countries decided? I am doing a project on currencies, i need to know how the exchange rate of different currencies is determined. for example, INR to US$ is approx Rs.45. So how is this determined. Please dont give a 1 line answer, give the complete process or the link to the source.

What is a good exchange rate from Pounds to Chinese Yuan Renminbi? Going on holiday to China later on this year, what is considered a good exchange rate for the Chinese Yuan Renminbi? Is it basically the higher the Yuan the better? It's currently £1 = 10 Yuan, I assume that's good? I have no idea LOL! Hope someone can help!

How does the Rand/dollar exchange rate affect the price of gold? I'm very new to investing but I'd like to start and was looking at buying krugerrands. At the moment though the price of gold is sky-high and may rise or fall... I was just wondering if this has anything to do with the rand/ dollar exchange rate as gold is bought in dollars. And since the 2010 world cup soccer is held in South Africa next year, I'm guessing the rand will become stronger. (Am I wrong?) Should I invest now, or should I rather wait until the rand is stronger?

What is Japan's exchange rate expected to be by the end of 2011? I'm planning on traveling to Japan at the end of 2011 and am curious as to what the exchange rate from AUD to JPY would be. The Yen has been very strong, and I'm assuming that it will fall by then end of next year. Rough estimates are fine. Thanks Ok let's rephrase.. Is it likely to fall?

What is the main consideration in affecting the exchange rate? I sell things to Japan from the UK, and get paid in yen in Japan I then have the money sent to me which gets changed into sterling. The exchange rate was 252 yen to the pound, it`s now 206, which means I get more money, as I pay less yen for each of my pounds. What one thing would make the exchange rate go even lower to 180 or 200 as it was a few years ago?

what is the exchange rate for british pound to US dollars? I need to know how much the exchange rate is for the british pound to be exchanged into us dollars.

How would an innovation like credit card affect an economy that operates under a flexible exchange rate? An economy operates under a flexible exchange rate. The government budget and trade account are currently balanced. Credit cards, a fairly recent innovation in the banking sector, allow consumers to mak epurchases without holding cash. How would this innovation will affect equilibrium GDP, consumption spending, the budget balance and the exchange rate. How would the impact differ under a fixed exchange rate.

Does the start of the new year have any affect on the exchange rate? I'm looking to have a surgerical proecedure at the beginning of next year, so I'm curious if the start of the new year, or the holiday season has any effect on the exchange rate. The rate would be from US to EURO dollars. I could always pay prior or wait until I arrive. The procedure is 15k euros just in the past month the rate has gone up from low 70's to mid 70's which is a savings of about 1k US dollars.

Is the exchange rate from dollars to pounds likely to increase for much longer? I have a cheque in dollars and I am in the UK; I want to know if I should cash it now or wait longer for the exchange rate to be more in my favour.

What country with all brownskinned people have the best exchange rate for dollars? Hello. What country where it is mostly brown people, as in darkskinned people has the bset exchange rate for dollars where you can make your dollars go farther for echanging it for their money?

What are the parameters which will affect exchange rate between two currencies in the long term? Would like to know how to meanifully forecast exchange rate in between USD and Indian Rupee, both in abosulte terms and in PPT (purchasing power parity), say for next 30 years. I know this is little difficult question but any theoretical suggestions to calculate this would be useful. India is growing at 8% annually and is expected to continue at that pace. Inflation rate is around 5.5% in India.

How does increase in interest rate lead to increase in exchange rate? If say US has a higher interest rate than Australia, why would it attract more people from Australia to exchange Au$ to US$? A higher interest rate means you earn more with the amount of money you've saved at the bank but if an Aussie exchanges his/her money they won't be saving their US$ in a bank in US would they? So why would a higher interest rate in US attract them? Sorry I know this is a lame question but I've just started learning eco..

What's the best way to exchange currency in Europe with the best rate? I am going to visit different countries in Europe and I don't know which will give you the best exchange rate?? Should I go to Forex in my own country to exchange currency ahead of time? Or should I use my Debit card to withdraw money at ATM machines when I arrive to that particular country? So far I just know if you use ATM at airport is not a good idea, and bringing traveller's cheque does not give you good rates either.

How can i get th best exchange rate fr my money before goin to egypt? Where can i get the best exchange rate?Abroad or uk?

What is the effect of a tariff on the exchange rate? It causes the domestic currency to appreciate. It causes the domestic currency to depreciate. It affects only the quantity of goods imported, not the exchange rate. It affects only the quantity of goods imported and exported, not the exchange rate.

Where can I get good exchange rate for mexican pesos? In NY? How far is the buying price off "actual" price? I've got a whole load of mexican pesos I need to exchange. I am in Europe at the moment where buying rate is only about 75% of the rate you find on the websites. Where can I go to get a better rate? Considered going to NY. Brazil, Dominican Republic, even Mexico itself also possibilities.

What is the current exchange rate between rate between the US and Australian dollar? Hey guys, just curious about the current exchange rate..i've always been curious about it.

How do you calculate a currency exchange rate? I'm going out of country to Japan and I am going to be missing school so my math teacher wants me to calculate the currency exchange rate for both weeks I'll be there.

How can I get the best exchange rate when I go to America from Japan and vice versa? I will go back home for a little bit this summer and was wondering what the best ways to exchange money are. Japan's airport doesn't seem too bad but I hear airports are one of the worst places. Traveler cheques apparently give you a little better rate. Exchanging through banks sounds like you get the best rate but I'm also wondering good ways to do that. Then what are good ways to sell your dollars again when you go back to Japan?

What is the exchange rate for dollars to pecos? I am going to Cancun on 7/31-8/3, will i need pecos? If so where would I get the best exchange rate?

What would a round of quantitative easing do to our exchange rate? Everything else kept the same, if the Fed executes a round a of quantitative easing, what would happen to our exchange rate?

What is the exchange rate of us dollars to nepal currency? What is the exchange rate of us dollars to nepal currency?

What is exchange rate system operated by the Chinese Government ? The exchange rate system operated by the Chinese Government and what it’s likely impact is going to be on the volatility of the UK/Chinese exchange rate.

How do I insert a foreign exchange formula in excel that updates it's conversion rate on a daily basis? I want to create a file that converts USD (US Dollars) into PHP (Philippine Pesos) for merchandise (Magic: the Gathering playing cards) that I wish to collect and sell. The prices that I see on the internet are always in USD. I'd like to create an excel file that updates the USD-PHP exchange rate daily so that I can see how much the prices of my merchandise fluctuate. Thanks in advance!

Where can I get good rate of money exchange? I shall be going to Europe, and I need to know the address of places in Delhi where I can get good rate of exchange. I will have to take Euro. What is the value of Euro presently. What is the exchange rate?

What was the exchange rate of the Greek drachma against the US dollar on September 1999 ? The exchange rate of the drachma in 1999 BEFORE it was converted into euros.

Why is the USD to EURO exchange rate different if you exchange cash at the bank VS using the ATM for euros? I heard he ATM gives a better exchange rate. By why? Why isnt the rate the same no matter which way you choose?

Is the US Dollar exchange rate likely to go up or down over the next few months? I'm going to New York towards the end of March and I'm wondering when would be the best time to get my money exchanged. I can change all my money right now or wait to see if the exchange rate will go up. So I guess that's what I'm asking. Is the US Dollar exchange rate likely to go up or down over the next few months. I will be changing Sterling for US Dollars. Thanks for any advice.

How can I find on the web the exchange rate applied from MasterCard? When you buy anything abroad with your credit card in a foreing currency, my bank applies official exchange rate of MasterCard circuit. But how can I know what are the mastercard rates of the day??

How does the Balance of Payment affect the Exchange Rate? I understand that exchange rate movements are caused by supply and demand (in a floating system), which is controlled by exports, interest rates among other things. But how does the Balance of Payment determines the Exchange rate? What are the roles of current account and financial, capital account in terms of the exchange rate? Any answer is greatly appreciated.

How can you get the best currency exchange rate if you are visiting outside of the country? I live in the United States and plan to take a trip to Germany next year. Is there anyway for me to get a better exchange rate for my money before I get there?

What is the effect of freezing an exchange rate? Would someone be kind enough to explain (in layman terms please), what freezing an exchange rate means as well as what the implications are. Many thanks.

What is it that determines the curreny exchange rate? For example: I was in Japan for 3 years and the exchange rate was always fluctuating. I saw it go as low as 140 yen to the USD and as high is 95 yen to the USD. Help me out. I didn't pay attention in economics class.

do you get a better exchange rate when you exchange more money? I am going on holiday to Nice (southern france) and was wondering how to get the best exchange rate? I am going with 5 other friends and we need to exchange £320 each so £1920 all together (6*320). If we exchanged together would it be better? Or is it the same no matter how much you exchange? Also if you do get a better exchange rate with more money, how much do you need to exchange??? Would appreciate any answers, suggestions etc. : )

Why does the spot exchange rate change based on the current account/trade balance of a country? The question is asking me to forecast the spot exchange rate 1 year into the future if Japan is running a current account surplus and the US is running a current account deficit. So I would say that the Yen should appreciate in value based on this, but I don't really understand why that would happen.

what is the money exchange rate in greece? what is the exchange rate from greek euro to american us dollar? i need to know for a trip i am planning .

Will the post offices in the UK give a very good exchange rate on cashing travel cheques as opposed to banks? I have heard that the post office will not charge any fees to cash my dollar travelers cheques over there, but I am now wondering how their exchange rate will compare to the banks, such as Lloyds Bank? Anyone know? Thanks for your answers!

Where can i get the best currency exchange rate in central bangkok? Where in thailand can i get the highest currency exchange rate i will be wanting to change US dollars into Thai Baht and i know that some places have higher exchange rates then other's.CENTRAL BANGKOK ONLY* airport?

How do i calculate effect of exchange rate fluctuations on cash held that on the cashflow statement? Do I calculate effect of exchange rate fluctuations on opening cash balances only or on the cash balances –year to date. If its exchange rate fluctuations on opening balances what happens/where do i disclose effect on exchange rate fluctuations cash – year to date.

Where can I find the highest exchange rate on an English cheque in Sydney? I have a cheque drawn on an English bank in Sterling. I want to cash it in Sydney in person, where can I get the highest exchange rate in Sydney?

Will the post offices in the UK give a very good exchange rate on cashing travel cheques as opposed to banks? I have heard that the post office will not charge any fees to cash my dollar travelers cheques over there, but I am now wondering how their exchange rate will compare to the banks, such as Lloyds Bank? Anyone know? Thanks for your answers!

Why isnt paypal converting money at the current exchange rate? I just paid for something using paypal, im in Canada, and on paypals exchange rate they're saying the candian dollar is at 95 cents. Its trading right now for 101.17 and hasnt been at 95 cents for a while, why isnt paypal current?

How do i check out Mastercard exchange rate used when i shop online? I shop through internet sometimes and i didn't know the exchange rate used when i shop...i asked my bank but they said that it wasn't the buy and sell rate, it's the mastercard (my credit card) rate, specific for shopping activities... i checked out at mastercard web...but no information about exchange rate... Can anyone help?...

What is the expectation of the exchange rate of the $US against the Egyptian pound? I know the official rate; do you think it reflects the real value of the Egyptian pound? What is the future expectation for the exchange rate?

What is the real exchange rate between Canadian and Malaysian baskets of goods? Consider a basket of consumer goods. The basket of goods costs $100 in Canada. The same basket of goods costs 300 ringgit in Malaysia. The nominal exchange rate is 4 ringgit per dollar. 8.1. What is the real exchange rate between Canadian and Malaysian baskets of goods? A. 2.5 baskets of Malaysian goods per basket of Canadian goods B. 0.8 basket of Malaysian goods per basket of Canadian goods C. 1.3 baskets of Malaysian goods per basket of Canadian goods D. 1 basket of Malaysian goods per basket of Canadian goods

When do you think the exchange rate of Rupee to dollar will become stable? What will be the best exchange rate?

Where can I get the best exchange rate for euros to pounds? I am going to London next week and would like to know where can I get the best exchange rate for euros to pounds in Lyon, France? I'm with Le Credit Lyonnaise, but don't really like their fees and am not sure how much they will charge for foreign atm withdrawals. Would it be better to change the money in London or in France?

What has driven the changes between US and Canadian exchange rate between Jan 2007 and now? I was wondering what the major driving factors have been behind the changes in the exchange rate between Jan 2007 and now for the US - Canadian Exchange rate.

Can you get a better exchange rate if you are exchanging large amounts of money? I am selling my house in Canada, however I live here in America. When I purchased my home I had to wire funds from my bank here to my canadian bank account and I had to take whatever the exchange rate was at the time. However someone once told me that if you exchange hundreds of thousands of dollars you should be able to get a better exchange rate than the typical one the bank sets. Does anyone know this to be true? Or have any advice on how I would go about finding out? Thanks.

How does the exchange rate work when one uses a credit card abroad? I'm watching a movie and the American is shopping in a shop in the UK and I was thinking about this if the character were to use a credit card. I'm sure that most major credit cards are accepted abroad, I was wondering how the exchange rate works when an American credit card is used.

If exchange rate system is using common currency,is it fixed or floating exchange rate system? If an exchange rate system is using common currency,is it a fixed or floating exchange rate system?Common currency is simply a monetary union/integration whereby the same legal tender is broadly accepted in a region of countries.For example,although the Euro is adopted, U.K retains its British Pound and floats it.Why is it that every article I visit online, says that a common currency system is a fixed exchange rate system?A region may use a common currency but still chooses to float its single country's currency and a central authority may still float the common currency right?

How can i get a real-time exchange rate by text message to my cell phone ? im looking for a service that can provide a real-time exchange rate and also can send a text message to my cell phone when market hit my price. im looking for a real-time alert service, it can provide a real-time currency exchange rate via a text message, like a Cell phone alert.

What is the current Exchange rate Between the US dollar and The Cuban Covertible peso? Thinking of going on vacation to cuba and would like to know the current exchange rate How much does 1 usd equal in Cuban covertible peso?

Which of the following best explains what happens to the exchange rate of a floating currency? Which of the following best explains what happens to the exchange rate of a floating currency? A. The exchange rate for that currency changes depending on the operations of the free market. B. The exchange rate for that currency goes up and down with the price of gold. C. The exchange rate for that currency is determined by changes in the value of the U.S. dollar. D. The exchange rate for that currency increases or decreases depending on the size of the country's GDP.

what has caused the misjudgment of the flexible exchange rate since 1960s? In other words, what have been the potential causes of volatilities in the market beside the flexible exchange rate system?

What is the forecast for the dollar tourist exchange rate? I am going to Florida on holiday in Sept and wish to know what the exchange rate will look like.

HVAC system, How do i measure the existing air exchange rate? HVAC system is not suppling enough fresh air. Is there a tool or device to measure air exchange rate in a specific building area or room?

Why would a country choose to have a fixed exchange rate? Why would a small, exporting country choose a fixed over a flexible exchange rate?

Where can I find a accurate description of China's current exchange rate regime? I've found plenty of papers on whether the Chinese currency is undervalued or not, what China should do about its exchange rate policy and what the effects are of China's current exchange rate regime. However, it seems hard to find more information about China's current regime. Especially publications from a scientific source (like IMF, IIE, EconPapers, CEPII, World Bank, universities, etc.). Can anyone point me in the right direction? I'm looking for an overview of current exchange rate policy and perhaps the capital controls that are in place. Thanks!

If the exchange rate is equal to the ratio of the domestic and foreign price indexes,? If the exchange rate is equal to the ratio of the domestic and foreign price indexes, a. absolute PPP holds. b. one currency is said to be undervalued. c. one currency is said to be overvalued. d. relative PPP holds.

which of the following statements concerning an exchange rate is false? a. the exchange rate is defined as the difference between the price of one nation's currency and the price of another nation's currency. b. Government sets a fixed exchange rate, with governmental commitment to buying and selling that currency at the fixed rate. c. the market forces of supply and demand set a flexible exchange rate. d. a partially flexible exchange rate means that at times the government simply accepts the market determined price.

Does a business owner have to use the current exchange rate? exchange rate as in money.If they are using the old one is it legal?Or do they have to switch to the new one?

How will a rise in interest-rate cause a rise in the exchange-rate? I understand that a rise in interest rate will will cause the money supply in the economy to fall. But how will this cause a rise in exchange rate?

Will the exchange rate from pounds to dollars improve before summer 2009, or is it destined to get worse? I'm planning a trip from UK to the US in september. Would it be worth getting my dollars and paying for as much as possible now or is the exchange rate likely to improve before then? I went to US last year and the rate was about 1.9:1 and now its only 1.4:1 meaning everything is so much more expensive this time around!

What is your POUND TO DOLLAR exchange rate prediction for 2009? I am going to the USA in 2010, am I in trouble with the exchange rate next year?

How do you create an exchange rate? What are the relevant factors when coming up with an exchange rate? Does it have anything to do with supply and demand? What factors matter?

Why is the same car 30% more expensive in Canada with the current exchange rate? For all sorts of cars, cheap or expensive, in canada the MSRP is commonly 20%-30% more expensive but the exchange rate should be that it's the same.

Is it possible to eliminate the exchange rate between currencies altogether? This question is probably geared more towards people with backgrounds in economics and finance. In theory, if every nation on earth used the same currency, then an exchange rate couldn't exist. That would resolve the complaint the U.S. has with China keeping its currency (the yuan) artificially low. I think problems would arise with who would actually get to control the printing presses. Also, it's one of the goverment's most powerful tools to combat inflation. I'm trying to figure out if a global currency could potentially work, and what the advantages and disadvantages would be.

Where can I find the exchange rate at the internet? I want to be updated about the exchange rate especially in Philippines and Hongkong.

where can I find a good exchange rate? I want to exchange the currency before traveling abroad. Anyone could tell me how to find a optimal exchange rate? Any bank in US might provide a better rate? Thank you so much.

Why does a Bureau de change buy currency from you for more than the exchange rate? This seems to make no sense to me. For example, they say they buy the dollar(to the pound) at 2.1xx, higher than the exchange rate, and they sell it at 1.8xx. Why is it they give you more than it is worth?

How does the currency exchange rate work? What determines the exchange rate among varies countries?

Will I get a better exchange rate from GBP to Chinese Yuan, if I change the cash in China? I have been to a bureu de change and a travel agent , one offered me an exchange rate of £1 = 13.25 yuan, the other offered me 13.28. I checked the international rates and the actual exchange rate is 14.12. Any suggestions are most welcome.

How do I find out the current VISA and Mastercard exchange rate? When I buy things on Ebay from overseas I have the choice of either Paypal's exchange rate or my credit card. How do I find out the current rate for VISA and Mastercard to compare? From experience, VISA and Mastercard rates are better, but it would be good to compare at the time of paying.

When you use a credit card in a foreign country do you get charged the exchange rate? I'm from the US and am going to Canada. If I use my credit card or debit card and something in Canada costs $50 Canadian will I be charged whatever the US exchange rate is on my statement?

How do we calculate foreign exchange rate in India? What are the factors that are considered while calculating foreign exchange rate in Indian perspective?

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?

How does the exchange rate affect Tesco? Now that tescos is expanding into different continents other than the Uk i was wondering how the exchange rate affects tescos. E.g £ to €