Assume you have $1,000 with which to buy euros. How many will that $1,000 get you? Divide $1,000 by 1.146 (what a bank may charge) and the result is 872.60 euros. That is how many euros you get for your $1,000. How Much You Pay for 1,500 Euros Now assume you already know...
Alexander Reed Editor Having delved into futures trading in the past, my intrigue in financial, economic, and political affairs eventually led me to a striking realization: the current debt-based fiat system is fundamentally flawed. This revelation prompted me to explore alternative avenues, including...
The higher price (USD 1.40) is the cost to buy each euro. Ellen wants to buy EUR 5,000, so she would have to pay the dealer USD 7,000 (1.4 x 5,000). Suppose also that the next traveler in line has just returned from her European vacation and wants to sell the euros that she...
I had checked the spot rate before making the USD to EUR transfer and the money that I got in my bank account was actually higher than the result given at that day’s spot rate, so I ended up making a slight profit of a few euros on the exchange. The most important thing however ...
The EUR/USD is a popular example of a currency pair. Here, the euro is the base currency and the US dollar is the quote currency. It indicates how many euros I can get for a single buck.Let’s say that the EUR/USD currently sits at 1.1000. At current prices €500 would get me ...
How Is National Government Debt Calculated & Reported? There are many different ways to count a country’s national debt and theSwedishgovernment uses the “non-consolidated central government debt” model. Other countries cout “general government debt” and their national debt. ...
A two-week journey is often ideal for first-time visitors to Europe. This allows you to immerse yourself in the culture and sights without feeling rushed. While it’s tempting to visit as many countries as possible, you should try to stick to a maximum of three, so you don’t tire you...
For nearly two decades, Europeans have relied upon this rule to get a payday when things go wrong in the air: Up to 600 euros (or roughly $633 USD, as of publication) depending on the flight and length of the delay. In some situations, travelers are guaranteed free meals and hotel sta...
The understanding that many people have about cyber-security, is that it’s a game of preventing the bad guys from getting in. However, the surprising reality is that a significant portion of security threats originate from within. For example, according to the 2019 Data Exposure Report, of ...
euros can exchange that for a fixed interest rate in dollars or a floating rate in dollars. Alternatively, a party whose euro loan is at a floating interest rate can exchange that for either a floating or a fixed rate in dollars. A swap of two floating rates is sometimes called abasis ...