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...
How much JPY could she get for 100 USD if the exchange rate (USD/JPY) is 0.9333? The current value of the euro is $1.17 American dollars and the price of one liter of gas in France is 1.42 euros. What is the price of one ga...
Whatever the case, you’re looking for the best way to send money to China without paying too much in fees. Many of us are simply uncomfortable strapping thousands of dollars to our bodies to walk across the border (which is one way to do it). Every country limits how much you can ca...
An exchange rate is the value of one country’s currency in relation to another’s. Imagine you’re planning a trip to Europe from the UK and you need to spend Euros while you’re there. Let’s say the exchange rate at the time made 1 GBP worth 1.15 EUR. This means that for every...
Instead, the Office relies on market analysis to derive where the demand for their bonds lies. The majority of Swedish foreign currency bonds are issued in Euros and US Dollars. Although foreign investors also buy bonds in Swedish Krona, the issuance of bonds in other currencies has greatly ass...
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 ...
You can buy and sell precious metal bullion with BullionVault in four different currencies: AbbreviationSymbolCurrency USD $ US Dollars EUR € Euros GBP £ British Pounds JPY ¥ Japanese Yen You can purchase bullion in any of the four currencies, regardless of the location of your designated ...
When you use your credit card abroad, you will often be given the option to be charged in your home currency (i.e., instead of being charged in euros, they will charge you in US dollars). Never say yes. The rate at which they are converting the currency is always worse than the ra...
As a simple example, if a broker's bid-ask spread for the EUR/USD pair is 1.0859/1.0862 and an investor places a buy order for euros, they'd pay the broker $1.0862. If an investor then placed an order to sell euros, they'd receive $1.0859. The broker makes 3 pips from the two ...
Let’s say you think the U.S. dollar will strengthen in value against the euro. Suppose the USD/EUR is trading at 0.90, meaning one U.S. dollar is worth 0.90 euros, and you think it could soon reach parity, meaning one U.S. dollar would buy one euro. Your rationale is based on ...