This tag is to be used for any question related to rates between 2 pairs of currencies. If the question is generic, only this tag is sufficient. If its specific for a pair of currencies, ideally both the currency tags should also be used.

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24 views

Best USD account for Canadian [on hold]

I'm Canadian and manage my funds generally in CADS. However, I happen to regularly travel South to the US and would like to avoid a certain degree of volatility in exchange rates. Which bank (either ...
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1answer
113 views

Can I buy Nintendo stocks (or any stock not traded in US) while residing in US?

I live and work in US and definitely have extremely limited experience with stock exchange. I would like to buy Nintendo stocks but it seems that they are not traded in the US markets and thus it ...
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1answer
26 views

How much money is traded on forex daily by RETAIL? [closed]

We all hear all the time that trillions are traded every single day on forex. Is there any statistics on what percent of these trillions is traded by retail?
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1answer
41 views

Moving to Europe, savings in the US, alien both in Europe and the US, trying to maximize exchange rates

This question has several parts, but the underlying story is the following: I currently live in the US, I am moving to Europe (specifically, France) in a couple of months, for at least two years. I ...
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1answer
26 views

Direct access to the currency exchange market

It is now fairly common for "lambda" users to have direct access to the stock market, i.e., see the book of order (up to a given depth), place a buy or sell order, cancel an order, etc. The bank or ...
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2answers
50 views

What foreign currency exchange rate is applied at cash machines

I recently came back from Auckland and China . Prior to withdrawing cash from ATMs , the currency exchange sell and buy prices give an estimate price. I wonder how much € exactly will 100 NZD cost. ...
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1answer
66 views

Exchanging GBP to EUR

I am 21, live in UK, and have an unwanted property in Spain which I am paying a mortgage on. Sadly I cannot sell the property. Roughly every year I exchange into Euros over £10,000 for the mortgage, ...
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0answers
24 views

What tips are useful for a US student/resident interning in Canada over the summer?

I will be interning in Toronto over the summer and was just wondering if anyone would be willing to give any tidbits of advice/tips on how best to manage finance. I will be making roughly $750 CAD ...
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1answer
14 views

Foreign Exchange rules INDIA

Hi I want to buy some hosting space for my website and for that I have to pay the hosting co. in dollars can anyone tell me what are the regulations and compliances I need to follow.
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1answer
47 views

RRP/list price/retail price and cars?

Looking at an online car brochure (PDF version of printed material) for the Vauxhall Astra, it listed RRP: Link As far as I know, am I correct with these: List price is basic price Recommended ...
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0answers
14 views

money transfer from Ethiopia to Uk for tution fee payment

i need to transfer money from Ethiopia to UK( Leeds university account) for my MSC, would you pls advise me how can do it ?
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0answers
70 views

rate of return between two currencies [closed]

Why can the rate of return between two currencies be different? Also, what is the relationship of the realized return in domestic currency and the direction of the movement in the foreign currency?
2
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1answer
86 views

Why is there two currencies in Venezuela's money?

If you go to DolarToday you will find the real actual foreign exchange of currency between BsF (Bolívares fuertes) and American dollar. However, in other places you will read that the exchange is ...
2
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1answer
61 views

Income tax on exchange rate profits?

A Canadian citizen and taxpayer opens a US dollar account in Canada with a Canadian bank, to hold a small US dollar inheritance against future vacation trips to the US. The money is not used for an ...
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1answer
81 views

Ways to take advantage of high/low currency prices

Currently 1 USD can buy around 0.88 EUR which is historically quite high (a few years ago it used to be 0.6-0.7). I live in The Netherlands and therefore use euros as a day-to-day currency. Now that ...
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2answers
27 views

Would I be taxed on a long term currency exchange?

Recently, USD has been doing really well. I've been considering moving a bunch of money into CAD, to use when I visit there or if I ever move back in the future. It seems likely to me that by the ...
3
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3answers
70 views

Is there a global index for all currencies?

I've recently found the need to convert USD to CAD, so I just started following foreign exchange rates for the first time. In the past few days, USD/CAD dropped. However, it's hard to tell if CAD ...
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1answer
43 views

How can I send money to someone from India to Pakistan?

I've one friend in Pakistan who did freelance work on a website project. So, I have to pay him for it. But unable to find any gateway.
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2answers
62 views

How does FOREX trading work? trading vs exchanging

If I was to trade on the foreign exchange market as an individual investor and I bought 100 USD with my 70 GBP. Have I essentially converted my currency similar to exchanging the currency in a bank ...
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3answers
96 views

How can an individual trade currency directly and get the market rate?

If i needed to transfer 350000 pound into dollar, i could: 1) Go to bank / airport kiosk and exchange there (crappy rate) 2) Go through a FOREX broker (closer, but is this the official rate?) Or ...
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1answer
40 views

What currency does inter government debt take place? [closed]

For example If japan borrows from china what currency will it borrow in ?Or if India borrows from Russia what currency will the debt take place in ?
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1answer
46 views

Nationwide FlexOne internationally

I am planning a trip to Berlin, and I have seen that my debit card has no transaction fees or cash fees for foreign currency, so it is charged at VISA's exchange rate. Are there any costs I'm missing, ...
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2answers
131 views

Does it make sense to buy CAD with USD while it's so low? [closed]

I'm wondering what are your thoughts on exchanging USD to CAD since it's so low at the moment. The idea being that if / when the CAD recovers one could see a gain of ~30% Thoughts?
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1answer
87 views

Why exists the exchange rate between countries? [closed]

To build something of worth needs everywhere the same work and effort. Why is it cheaper for Europeans to purchase abroad?
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1answer
69 views

Contemplating using MetaTrader to trade on Forex

(Apologies if this is off-topic. I checked through meta and it seems that this should be on-topic.) I have been thinking about using MetaTrader4 programmable trading platform to trade on the Forex. ...
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4answers
155 views

How to invest in a currency increasing in value relative to another?

I would like to make a mid to long term investment in a currency that i think will rise. The NOK is currently very low due to low oil prices, and i would like to invest in it rising, as it seams ...
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1answer
90 views

Extra amount credited to my foreign currency account and mistakenly I spend it. What should I do? [closed]

I deposited some thai baht into my foreign currency account in india which amounts to Rs.250000 but in my account the same amount was credited three times and from different person. My initial deposit ...
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0answers
18 views

How to understand currency forward rates?

So I am trying to understand future "fair price" currency rates from forward rates as quoted, say, here. To make things concrete, I read: bid ask EURUSD 10Y FWD ...
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1answer
57 views

Is it possible for US retail forex traders to trade exotic currencies?

I understand that more exotic forex currencies are riskier and have less volume; nevertheless, I am interested in experimenting with them. However, to my surprise, I have been unable to find a ...
2
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5answers
229 views

Should a strategy backtested against three years of tick data continue to produce positive results?

Let's say we have a Binary Options 5-minute trading strategy that relies on multiple indicators and exploits price reversals in currency pairs. Now let's say there is a combination of inputs for the ...
2
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2answers
53 views

What's the problem with simple EMA-crossover strategies?

I'm looking at charts of bitcoin here: https://bitcoinwisdom.com/markets/kraken/btceur with the option of displaying a short term as well as a long term EMA. It seems to me that if I were to buy ...
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3answers
306 views

Where should I exchange INR to USD, in India or US?

I am Indian, permanent resident of the US. Years ago, I had loaned some money to my father in India and he now wants to pay it back to me. The amount is worth $300,000 and I am thinking of the best ...
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1answer
88 views

UK tax self assessment:- how to report currency gains from between when a cheque is issued and cashed?

Can anyone tell me what should happen when a delay between foreign income arising and being converted into sterling results in an extra gain from the exchange rate? For example: A USD cheque is ...
2
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1answer
44 views

Currency forward rates

I'm looking at EUR/USD forward rates here: http://www.investing.com/currencies/eur-usd-forward-rates Can someone explain, in very simple terms, what do the bid/ask prices mean? And what is the ...
5
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1answer
8k views

How to check the paypal's current exchange rate?

I have paypal account. My base currency is AUD. I want to check the conversion rate for buying a stuff in USD. When I go to payment step they show the actual USD amount and actual AUD that will be ...
2
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2answers
64 views

What exchange rate does El Al use when converting final payment amount to shekels?

When buying a ticket online from El Al in Israel, the fares are quoted in USD, but the final payment screen allows you to choose whether to pay in USD or ILS. At the bottom of the page is the ...
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1answer
38 views

What is the name of the financial service that holds deposits for an exchange? [closed]

I want to set up a fx currency market (the barrier is low in my region). Instead of getting a license to hold customer deposits for trading, I've been told that there are institutions that hold ...
2
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2answers
143 views

Which brokers offer trading API for stocks and currency exchange? [closed]

There are some question on StackOverflow: http://stackoverflow.com/questions/744699/real-life-trading-api (2009, closed as off-topic) ...
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2answers
39 views

How to find EUR/JPY chart for particular date and time

Is it possible to find exchange rates for particular date and time. For example can I find EUR/JPY chart on 30th Oct 2015 at 20:31?
2
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5answers
124 views

Events that cause major movement in forex?

US Federal Reserve's FOMC report is one such event I've identified that more often than not has a significant impact on currency pairs adjacent to the USD. And the ECB's interest rate report is ...
3
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0answers
52 views

Should I avoid month-end for my foreign salary payments?

I get paid from South African into the UK and get to choose which day of the month I want to be paid. I was wondering whether avoiding month-end might give me a better chance of getting a better rate ...
0
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1answer
82 views

How does liquidity affect currency price while trading [closed]

I would like to know what happens to the market when the following situation arises on the GBP/USD currency pair: -Say some big investor sells 100 million pounds but current liquidity in the market ...
2
votes
2answers
111 views

How do I bring money overseas?

I am Australian and am going to Malaysia in a few weeks. Now obviously I would like to bring some money with me so I can buy things like food and the such. What would be the best way to go about ...
0
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1answer
34 views

Currency Market Question

I am moving to Europe in March to start a 3 yr university course. I will take 35,000 Australia dollars with me. I am trying to decide how to deal with the exchange rate and would like some help. I ...
1
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1answer
122 views

Do live forex signal services work?

I am a relative newbie when it comes to trading the forex markets. So far lost $2,500. Read dozens of books about the topics and tried various methods, but it seems that all the techniques work for ...
1
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1answer
166 views

I want to exchange UK Pound for Indian Rupee [closed]

I have a friend in London, recently he has sent a parcel for me including some pound (England Currency ) in that parcel, now how can I exchange it into Indian Rupee ??
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0answers
21 views

Online service to send a wire transfer in euros from Maldives

I have to send around 3000 euros for a study programme in europe. Right now, it's very difficult to get euros in Maldives but I have the equivalent value in US dollars. What would be the best way to ...
0
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2answers
78 views

Can a buy market order be matched with a sell market order in Forex trading?

Should Market-orders be always matched with Limit-orders with best price on the opposite book? Or is there a case scenario where a Market-order could be matched with another Market-order? At which ...
0
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2answers
193 views

How does a brokerage firm work?

I'm new to finance, thus please fix me if i misunderstand something. As far as i know, one can get an account on a brokerage firm, and have ability to trade on multiple exchanges. Good use case for ...
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1answer
63 views

HKD safe for business?

I having been charging my client in USD for last few months. Recently client suggested paying me in HKD. Is HKD a good option as compared to USD when receiving funds? My Native Currency is INR.