Foreign Currency Exchange

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Foreign Currency Exchange
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What is Foreign Currency Exchange
Foreign currency exchange is an institution or
system for dealing in the currencies of other
countries. The conversion of currency is done by
the banks who deal in foreign exchange.
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Exchange Rate
Exchange Rate is the price for foreign money. It
is defined as the price paid in the home currency
for a unit of foreign currency.
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Types of Foreign Exchange Rate

• Spot Rate
• Forward Rate
• Buying Selling Rate
• Floating Exchange Rate
• Fixed Exchange Rate

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Top 5 Currencies
US DOLLAR(USD)
GREAT BRITAIN POUND(GBP)
EURO
JAPANESE YEN
SWISS FRANC
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Appreciation Depreciation of Currency
Appreciation - An increase in the value of the
domestic currency with respect to the foreign
currency. Depreciation - A decrease in the value
of the domestic currency with respect to the
foreign currency.
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Contact Us
Learn To Trade Pty Limited
Address
Suite 501 132 Arthur Street North Sydney 2060 NSW
Phone No
[phone]
E-mail
info_at_learntotrade.com.au
Website
www.learntotrade.com.au