Thursday 3 October 2013

2013-37 How to check exchange rates

We will be talking about the exchange rates today. Here is how to check them.
1. Find out the symbols for currencies from the Oanda website
2. go to yahoo finance and enter the two currencies as in, for example:
CADUSD
This gives you the price of one Canadian dollar in US dollars, or the exchange rate of the Canadian dollar in terms of the US dollar.
More examples: 
The exchange rate in terms of  the Euro
The exchange rate in terms of the Chilean peso
The exchange rate in terms of the Vietnamese dong
The exchange rate in terms of the Kuwaiti dinar


3. If you want historical information, Oanda.com is a great resource

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