RECENT NEWS
CNNMoney.com  1 hr ago  Comment 
Is the $100 bill more trouble than it's worth?
TheStreet.com  3 hrs ago  Comment 
NEW YORK (TheStreet) — Bitcoin, the digital currency created back in 2009 to eliminate middlemen such as banks from currency transactions, is increasingly on the radar screen of economists, Wall Street and consumers. All that attention has...
MarketWatch  4 hrs ago  Comment 
The British pound is set to mark its sixth weekly drop, underscoring the dovish actions of the nation’s central bank.
New York Times  5 hrs ago  Comment 
Merchants that accept Bitcoin are trying to attract virtual currency enthusiasts. And the number of merchants has been growing.
New York Times  Aug 14  Comment 
Merchants that accept Bitcoin are trying to attract virtual currency enthusiasts. And the number of merchants has been growing.
Wall Street Journal  Aug 14  Comment 
EBay is considering accepting the virtual currency bitcoin at its Braintree payments subsidiary, part of its PayPal unit, according to people familiar with the matter.
NPR  Aug 14  Comment 
Nearly 80 percent of all the U.S. currency in the world is in $100 bills. But some people want to get rid of the bill altogether.
SeekingAlpha  Aug 14  Comment 
By Elliott R. Morss: ©Elliott R. Morss, Ph.D. All Rights Reserved Introduction The law of supply and demand ultimately determines the prices of goods/services. And this holds for stock markets "prices" and currencies. Foreign demand for...
Financial Times  Aug 14  Comment 
Chinks in the currency area’s core have snagged momentum in the second quarter as pressure grows on the ECB to embark on quantitative easing




RELATED WIKI ARTICLES
 
TOP CONTRIBUTORS

See also Currency Pairs.

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 (as in China) or floating rate (as in the United States) 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 such cases, the country's central bank will trade the currency to maintain the fixed exchange rate - for example, by agreeing to always exchange a fixed amount of the country's currency for a fixed amount of the currency to which it's pegged. In a floating rate regime, supply and demand dictates the currency's exchange rate, and the currency's value will fluctuate on the basis of the country's balance of trade, deficits, interest rates, and other factors

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

RON

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