International currency converter
n finance, an exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in terms of another currency. For example, an interbank exchange rate of 91 Japanese yen (JPY, ¥) to the United States dollar (US$) means that ¥91 will be exchanged for each US$1 or that US$1 will be exchanged for each ¥91. Exchange rates are determined in the foreign exchange market, which is open to a wide range of different types of buyers and sellers where currency trading is continuous: 24 hours a day except weekends, i.e. trading from 20:15 GMT on Sunday until 22:00 GMT Friday. The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.
n the retail currency exchange market, a different buying rate and selling rate will be quoted by money dealers. Most trades are to or from the local currency. The buying rate is the rate at which money dealers will buy foreign currency, and the selling rate is the
Source: World Currencies
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By the way, it is MUCH cheaper to buy DVDs from2012-04-13 01:14:44 by CowDogsRock
Amazon's UK and French sites than to buy Region 2 DVDs on amazon's US site, in the vast majority of cases, even with the international shipping fees
it's always good to check them all, because amazon love to tinker with their pricing, and any amazon site could be the cheapest on any given day. but get used to using their european sites. they have a Currency Converter feature that allows you to use US Dollars to make purchases in Pounds or Euros, as necessary.
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