Currency Rates

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Currency control - Currency control is a system whereby a country tries to regulate the value of money (currency) within its borders. From simple to complex policy changes, it can be characterized as a government initiated system to control currency fluctuations through interest rates, bonds, laws, money printing, and many more.

Currency band - The currency band is a system of exchange rates by which a floating currency is backed by hard money.

Table of historical exchange rates - An exchange rate represents the value of one currency in another. An exchange rate between two currencies fluctuates over time.

Interest Rate Parity - ... to a theory that proposes that the interest rate difference between two countries' currencies is equal to the percentage difference between the forward exchange rate and the spot exchange rate. If S is the spot exchange rate (the price of the foreign currency in local currency for immediate delivery), f is the forward exchange rate, r is the continuously compounded interest rate of the local currency, r^* is the continuously compounded interest rate of the foreign currency, m is the maturity (in years) of the forward rate ...


Suggested Web Sites

Currency Converter and Currency Exchange Rates - Discount Currency Exchange offers a daily look at currency news and exchange rates, also providing a converter, calculators, historical rates, and cross tables.

Universal Currency Converter - A currency tool that allows you to perform foreign exchange rate calculations on the Internet, using up-to-the-minute currency rates.

Toccata - Displays a vendor's catalog in any currency and accepts payment in foreign currencies at domestic rates. Includes free real-time rate feed to provide shoppers with the most current prices shown in their home currency.

Source: BazSites.com

Web Links

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