RECENT NEWS
Mondo Visione  53 min ago  Comment 
The European Bank for Reconstruction and Development (EBRD) and the Central Bank of Armenia (CBA) are hosting a conference in Yerevan today to discuss strengthening the local capital market and increasing local currency lending. The event...
The Hindu Business Line  1 hr ago  Comment 
A Parliamentary panel has decided to summon Reserve Bank Governor Urjit Patel again to explain how much of the junked currency has been deposited in banks following te note-ban and the progress made ...
The Economic Times  3 hrs ago  Comment 
UBS strategists are calling for Norway's krone to languish near its lowest level in four months against the euro.
The Hindu Business Line  4 hrs ago  Comment 
The dollar held under $1.08 per euro for a second day on Thursday as investors awaited a vote on Republican healthcare plans seen as a litmus test of President Donald Trump's ability to legislate in ...
The Times of India  4 hrs ago  Comment 
ASIA-FOREX/EMERGING (UPDATE 1):EM ASIA FX-Most Asian currencies dip as investors grow cautious on Trump's health bill
The Hindu Business Line  5 hrs ago  Comment 
New York authorities has granted a licence to Coinbase to trade in two additional virtual currencies, expanding the company’s services which already included Bitcoin starting in January. The Calif...
The Times of India  6 hrs ago  Comment 
The rupee strengthened by 5 paise to 65.39 per dollar in early trade on Thursday on some selling of the US currency by exporters and banks. Stock markets opening with gains also boosted the domestic currency, dealers said.
The Hindu Business Line  6 hrs ago  Comment 
The Times of India  Mar 22  Comment 
FRANCE-ELECTION/LEPEN-CHAD:France's Le Pen calls for end to "Francafrique" relations, CFA franc currency
Financial Times  Mar 22  Comment 
Single currency is drawing support from a number of factors and is up 2.6% this month
Mondo Visione  Mar 22  Comment 
Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Coinbase, Inc., a wholly owned subsidiary of Coinbase Global, Inc., to offer Ethereum...




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A currency is a unit of exchange that can be used to purchase goods and/or services in one or more countries. With the notable exception of the European Union, most countries have a monopoly over the production and supply of their respective currencies.

Depending on the way a country manages its currency in the foreign exchange market, it can be either fixed rate or floating rate with respect to other currencies. In a fixed rate regime, the currency's value is matched to the value of another currency, a basket of currencies or some other measure of value (like gold). In a floating rate regime, supply and demand dictates the currency's exchange rate.

Current exchange rates are called spot prices. In contrast, Exchange rates set for currency transactions in the future are called forward prices. These prices are generally specified in forward contracts that are used by cross-border companies to hedge against currency risk.

This is the chart for Euros per 1 U.S. Dollar. Scroll down for a list of other currencies on Wikinvest.



Currencies on Wikinvest

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