RECENT NEWS
The Economic Times  Oct 21  Comment 
The virtual currency has gained over 500% this year, more than any other tradable asset class.
Clusterstock  Oct 20  Comment 
Rapid Rise of Cryptocurrencies and Blockchain Technology Over the past few years, inventions in the fintech space have been rapidly transforming into innovations thanks to early commercialization, mass acceptance and...
MarketWatch  Oct 20  Comment 
The world’s most prominent digital currency was on track to mark a fresh milestone on Friday, with bitcoin rallying and putting the cyber currency in position to hit a total market value of around $100 billion.
Mondo Visione  Oct 20  Comment 
ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in currency hedged ETFs/ETPs listed globally have increase 33.5% in the first 9 months of the year to reach a...
MarketWatch  Oct 20  Comment 
The U.S. dollar rises to its highest level in roughly three months against the yen, strengthening against other rivals on Friday.
Mondo Visione  Oct 19  Comment 
Acting Comptroller of the Currency Keith A. Noreika today discussed innovation and financial technology during a speech at Georgetown University’s Institute of International Economic Law’s Fintech Week. His remarks highlighted his optimism for...
Clusterstock  Oct 19  Comment 
With more than 1,100 cryptocurrencies and a total market cap of approximately $150 billion circulating in the market today, this ‘next-gen gold’ has taken the financial world by storm. The question of their survival, which enveloped this...
Financial Times  Oct 19  Comment 
Michael Sneyd of BNP Paribas tells Roger Blitz why the foreign exchange market is more interested in central bank developments than talks deadlock
Channel News Asia  Oct 19  Comment 
A Dutch family has sold virtually all they own, including a business, their home, two cars and a motorbike and invested the takings in bitcoin just as the virtual currency is soaring to new heights.
Motley Fool  Oct 19  Comment 
History suggests cryptocurrencies are likely in a bubble.




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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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