RECENT NEWS  1 hr ago  Comment 
Wall Street Journal: As the Fed Deliberates, Amazon Is Making Its Job More Difficult Bloomberg: Optimism Among U.S. Small Businesses Jumps to Highest Since 1983 Wall…
The Hindu Business Line  8 hrs ago  Comment 
Most Asian currencies weakened against the dollar on Tuesday as caution prevailed ahead of an outcome from the US Federal Reserve's policy meeting this week. The dollar index, which tracks the greenb...
The Economic Times  8 hrs ago  Comment 
The Litecoin network is scheduled to cap at 84 million currency units.
SeekingAlpha  8 hrs ago  Comment 
The Hindu Business Line  10 hrs ago  Comment 
Currency daily report for Dec 12, 2017 by Veracity Financial Services ...
The Hindu Business Line  10 hrs ago  Comment 
Virtual currency bitcoin dipped slightly from the previous session's record highs on Tuesday, after a month of whirlwind and volatile gains leading up to the launch of bitcoin futures on the weekend.
Financial Times  11 hrs ago  Comment 
TransferWise, Moneycorp and peers are cutting out big banks
Benzinga  Dec 11  Comment 
Bitcoin rose $1,400 after futures trading opened Sunday on the Chicago Board Options Exchange, but the glow may soon wear off. Loup Ventures managing partner Gene Munster said the latest development may weigh on bitcoin’s value, facilitating...
Financial Times  Dec 11  Comment 
Debut of derivatives is a watershed moment for the digital currency
Benzinga  Dec 11  Comment 
Money isn't everything — but it's something we can't do without. Has money existed in today's paper currency form since it came into use? No. It has gone through a long evolution since its inception. Before money came into existence, as early...


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

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki