MAJOR CURRENCIES

Foreign currency exchange rates are what it costs to exchange one countrys currency for another countrys currency. For example, if you go to England on vacation, you will have to pay for your hotel, meals, admissions fees, souvenirs and other expenses in British pounds. Since your money is all in US dollars, you will have to use (sell) some of your dollars to buy British pounds.

Assume you go to your bank before you leave and buy $1,000 worth of British pounds. If you get 565.83 British pounds (?565.83) for your $1,000, each dollar is worth .56583 British pounds. This is the exchange rate for converting dollars to pounds.

If ?565.83 is not enough cash for your trip, you will have to exchange more US dollars for pounds while in England. Assume you buy another $1,000 worth of British pounds from a bank in England and get only ?557.02 for your $1,000. The exchange rate for converting dollars to pounds has dropped from .56583 to .55702. This means that US dollars are worth less compared to the British pound than they were before you left on vacation.

As you can see from the example, currency exchange rates fluctuate. As the value of one currency rises or falls relative to another, traders decide to buy or sell currencies to make profits. Retail customers also participate in the forex market, generally as speculators who are hoping to profit from changes in currency rates.

Foreign currency exchange rates may be traded in one of three ways:

1. On an exchange that is regulated by the Commodity Futures Trading Commission (CFTC). For example, the Chicago Mercantile Exchange offers forex futures and options on futures products. Exchange-traded forex futures and options provide their users with a liquid, secondary market for contracts with a set unit size, a fixed expiration date and centralized clearing.

2. On an exchange that is regulated by the Securities and Exchange Commission (SEC). For example, the Philadelphia Stock Exchange offers options on currencies (i.e., the right but not the obligation to buy or sell a currency at a specific rate within a specified time). Exchange-traded options on currencies have characteristics similar to exchange-traded futures and options (e.g., a liquid, secondary market with a set size, a fixed expiration date and centralized clearing).

3. In the off-exchange, also called the over-the-counter (OTC), market. A retail customer trades directly with a counterparty and there is no exchange or central clearing house to support the transaction. Off-exchange trading is subject to limited regulatory oversight.

ajor Currencies

Currency Last Trade U.S. $ N/A ¥en 5:08pm ET Euro 5:36pm ET Can $ 5:26pm ET U.K. £ 5:46pm ET AU $ 5:46pm ET Swiss Franc 5:30pm ET 1 U.S. $ = 1 100.8500 0.6335 1.0243 0.5074 1.0773 1.0008 1 ¥en = 0.009916 1 0.006282 0.010157 0.005032 0.010682 0.009924 1 Euro = 1.5785 159.1967 1 1.6169 0.8010 1.7006 1.5798 1 Can $ = 0.9763 98.4575 0.6185 1 0.4954 1.0517 0.9771 1 U.K. £ = 1.9707 198.7419 1.2484 2.0186 1 2.1230 1.9722 1 AU $ = 0.9282 93.6140 0.5880 0.9508 0.4710 1 0.9290 1 Swiss Franc = 0.9992 100.7694 0.6330 1.0235 0.5070 1.0764 1

Other Currencies

USD / ARS	3.1505	3.1555	0.0000	0.00	3.1580	3.1520	14:00		Argentinia Peso
USD / BRL	1.6870	1.6920	0.0000	0.00	1.6915	1.6830	14:00		Brazilian Real
USD / CLP	446.25	446.75	0.00	0.00	450.40	434.25	14:00		Chile Peso
USD / CNY	7.0050	7.0100	0.0000	0.00	7.0070	6.9920	14:00		China Yuan Renmimbi
USD / EGP	5.4543	5.4547	0.0000	0.00	5.4315	5.4705	12:48		Egyptian Pound
USD / GRD	215.35	215.85	0.00	0.00	216.48	214.88	14:00		Greek Drachma
USD / HKD	7.7856	7.7906	0.0000	0.00	7.7902	7.7855	14:00		Hong Kong Dollar
USD / HUF	159.45	159.95	0.00	0.00	159.85	158.80	14:00		Hungarian Forint
USD / IDR	9177.5	9178.5	0.0	0.00	9190.0	9181.0	13:25		Indonesian Rupiah
USD / ILS	3.5968	3.5972	0.0000	0.00	3.6230	3.5960	14:00		Israeli Shekel
USD / INR	39.86	39.96	0.00	0.00	39.97	39.73	13:54		Indian Rupee
USD / JOD	0.7098	0.7102	0.0000	0.00	0.7090	0.7090	14:00		Jordanian Dinar
USD / KRW	975.55	976.05	0.00	0.00	976.40	972.90	14:00		Korean Won
USD / KWD	0.2651	0.2655	0.0000	0.00	0.2656	0.2653	14:00		Kuwaiti Dinar
USD / MXN	10.5328	10.5378	0.0000	0.00	10.5560	10.5248	14:00		Mexican Peso
USD / MYR	3.1485	3.1535	0.0000	0.00	3.1570	3.1475	10:52		Malaysian Ringett
USD / PHP	41.54	41.59	0.00	0.00	41.69	41.51	11:04		Philippine Peso
USD / PKR	63.11	63.16	0.00	0.00	63.19	63.15	13:26		Pakistan Rupee
USD / PLN	2.1721	2.1731	0.0000	0.00	2.2001	2.1530	14:00		Polish Zloty
USD / RUB	23.43	23.53	0.00	0.00	23.53	23.44	12:20		Russian Ruble
USD / SAR	3.7482	3.7532	0.0000	0.00	3.7504	3.7500	14:00		Saudi Arabia Riyal
USD / SGD	1.3580	1.3584	0.0000	0.00	1.3595	1.3572	14:00		Singapore Dollar
USD / THB	31.61	31.71	0.00	0.00	31.58	31.58	06:42		Thai Baht
USD / TRL	1.3050	1.3060	0.0000	0.00	1.3086	1.2949	14:00		Turkish Lira
USD / TWD	30.26	30.36	0.00	0.00	30.35	30.23	12:12		Taiwan Dollar
USD / ZAR	7.7840	7.8040	0.0000	0.00	7.8604	7.7568	13:51		South African Rand

ForexRealm Mainpage

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Technical analysis is a key to success for a Forex Trader. Basically technical analysis should be viewed as the study of historical prices at the market in order to forecast or even know with greater probability in what direction the future prices will move.


A forex fundamental analysis is made up of strategic assessments in which a particular currency is traded on the basis of various criteria with the exception of the price action. To these criteria belong current economic conditions in the state that this currency represents and a great deal of other elements essential for the subject. Macroeconomic indicators, such as economic growth rates, inflation, interest rates, level of unemployment and other issues – all that is relevant for a good forex fundamental analysis.


There has always been a constant debate as to which analysis is better, but to tell you the truth, you need to know a little bit of both. It's important to get a birds-eye view of the currency markets and learn how news affects prices. This is why you must follow and understand the daily Forex news and market analysis of the professional currency analysts - that is forex analytics.


Trading forex works remarkably easy. Everything you need to realize your forex trading practice can be found in broker firm. In the forex trading market, currencies are always priced and traded in pairs. You simultaneously buy one currency and sell another, but you can determine which pair of currencies you wish to trade with forex.


We put forex professional forex articles of our readers to this part. They wrote interesting, useful and high-professional materials using their experience and being real forex traders or other forex market participants. There are articles about forex trading practice, fundamental and technical analysis.


There are the bank holidays of the USA, Japan and United Kingdom on the 2006 and 2007. Each holiday has their own recommended early close date and time. There is the information about currencies codes. The main descriptions of each currency are their Alphabetic code, Numeric code, Symbol and Subdivision.


Forex for beginners: forex history from The Bretton Woods Accord to Free-floating currencies and fixed exchange rates, forex psychology with trading psychology's rules, trading examples, forex glossary from A to Z, forex FAQ's and many other.

currency converter

Currency exchange rates as of Friday, April 11 2008, 16:15 EST DST (2008-04-11 20:15 UTC)

From currency	Functions	To currency
US dollarEuroAustralian dollarAustrian schilling ¹Bahraini dinarBelgian franc ¹Botswanan pulaBrazilian realBritish poundBrunei dollarBulgarian levCFA franc BEACCFP francCanadian dollarChilean pesoChinese yuan renminbiColombian pesoCroatian kunaCyprus pound ¹Czech korunaDanish kroneDeutsche mark ¹Egyptian pound ²Estonian kroonEuroFinnish markka ¹French franc ¹Ghana cediGreek drachma ¹Hong Kong dollarHungarian forintIceland kronaIndian rupeeIndonesian rupiahIranian rial ²Irish pound ¹Israeli shekelItalian lira ¹Japanese yenKazakhstan tengeKuwaiti dinar ²Latvian latsLithuanian litasLuxembourg franc ¹Malaysian ringgitMaltese lira ¹Mauritius rupeeMexican pesoMoroccan dirhamNepalese rupee ²Netherlands guilder ¹New Zealand dollarNorwegian kroneOmani rialPakistan rupeePhilippine pesoPolish zlotyPortuguese escudo ¹Qatari riyalRomanian new leuRussian rubleSaudi riyalSerbian dinarSingapore dollarSlovak korunaSlovenia tolar ¹South African randSouth Korean wonSpanish peseta ¹Sri Lankan rupeeSwedish kronaSwiss francTaiwan new dollarThai bahtTrinidad and Tobago dollarTunisian dinarTurkish new liraU.A.E. dirhamUS dollarVenezuelan bolivar fuerteVietnamese dong		US dollarEuroAustralian dollarAustrian schilling ¹Bahraini dinarBelgian franc ¹Botswanan pulaBrazilian realBritish poundBrunei dollarBulgarian levCFA franc BEACCFP francCanadian dollarChilean pesoChinese yuan renminbiColombian pesoCroatian kunaCyprus pound ¹Czech korunaDanish kroneDeutsche mark ¹Egyptian pound ²Estonian kroonEuroFinnish markka ¹French franc ¹Ghana cediGreek drachma ¹Hong Kong dollarHungarian forintIceland kronaIndian rupeeIndonesian rupiahIranian rial ²Irish pound ¹Israeli shekelItalian lira ¹Japanese yenKazakhstan tengeKuwaiti dinar ²Latvian latsLithuanian litasLuxembourg franc ¹Malaysian ringgitMaltese lira ¹Mauritius rupeeMexican pesoMoroccan dirhamNepalese rupee ²Netherlands guilder ¹New Zealand dollarNorwegian kroneOmani rialPakistan rupeePhilippine pesoPolish zlotyPortuguese escudo ¹Qatari riyalRomanian new leuRussian rubleSaudi riyalSerbian dinarSingapore dollarSlovak korunaSlovenia tolar ¹South African randSouth Korean wonSpanish peseta ¹Sri Lankan rupeeSwedish kronaSwiss francTaiwan new dollarThai bahtTrinidad and Tobago dollarTunisian dinarTurkish new liraU.A.E. dirhamUS dollarVenezuelan bolivar fuerteVietnamese dong
Amount	Exchange rate	Result

Notes: ¹ Currency replaced by the Euro. ² Exchange rate from the last seven days.

Currency symbols, names and codes

Currency name	Exchange rates	Country/Entity	Alphabetic code	Numeric code	Symbol	Replaced by	Replaces
Argentine peso		Argentina	ARS	032
Australian dollar	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Australia	AUD	036
Austrian schilling	Converter	Austria	ATS	040		EUR
Bahamian dollar		Bahamas	BSD	044
Bahraini dinar	Converter	Bahrain	BHD	048
Bangladesh taka		Bangladesh	BDT	050
Belgian franc	Converter	Belgium	BEF	056		EUR
Botswanan pula	Converter	Botswana	BWP	072
Brazilian real	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Brazil	BRL	986
British pound	Exchange rates and changes, Predictions and volatility, Market maps, Converter	United Kingdom	GBP	826
Brunei dollar	Converter	Brunei Darussalam	BND	096
Bulgarian lev	Converter	Bulgaria	BGN	975			BGL
CFA franc BEAC	Converter	Bank of the Central African States	XAF	950
CFP franc	Converter	Institut d'émission d'Outre-Mer	XPF	953
Canadian dollar	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Canada	CAD	124
Chilean peso	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Chile	CLP	152
Chinese yuan renminbi	Exchange rates and changes, Predictions and volatility, Market maps, Converter	China	CNY	156
Colombian peso	Converter	Colombia	COP	170
Croatian kuna	Converter	Croatia	HRK	191
Cyprus pound	Converter	Cyprus	CYP	196		EUR
Czech koruna	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Czech Republic	CZK	203			CSK
Danish krone	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Denmark	DKK	208
Deutsche mark	Converter	Germany	DEM	276		EUR
Egyptian pound	Converter	Egypt	EGP	818
Estonian kroon	Converter	Estonia	EEK	233
Euro	Exchange rates and changes, Predictions and volatility, Market maps, Converter	European Union	EUR	978			ATS, BEF, CYP, DEM, ESP, FIM, FRF, GRD, IEP, ITL, LUF, MTL, NLG, PTE, SIT, XEU
European Currency Unit		European Union	XEU	954		EUR
Fiji dollar		Fiji	FJD	242
Finnish markka	Converter	Finland	FIM	246		EUR
French franc	Converter	France	FRF	250		EUR
Ghana cedi		Ghana	GHC	288		GHS
Ghana cedi	Converter	Ghana	GHS	276			GHC
Greek drachma	Converter	Greece	GRD	300		EUR
Guatemala quetzal		Guatemala	GTQ	320
Honduras lempira		Honduras	HNL	340
Hong Kong dollar	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Hong Kong	HKD	344
Hungarian forint	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Hungary	HUF	348
Iceland krona	Converter	Iceland	ISK	352
Indian rupee	Exchange rates and changes, Predictions and volatility, Market maps, Converter	India	INR	356
Indonesian rupiah	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Indonesia	IDR	360
Iranian rial	Converter	Iran	IRR	364
Iraqi dinar		Iraq	IQD	368
Irish pound	Converter	Ireland	IEP	372		EUR
Israeli shekel	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Israel	ILS	376
Italian lira	Converter	Italy	ITL	380		EUR
Jamaican dollar		Jamaica	JMD	388
Japanese yen	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Japan	JPY	392
Kazakhstan tenge	Converter	Kazakhstan	KZT	398
Kuwaiti dinar	Converter	Kuwait	KWD	414
Latvian lats	Converter	Latvia	LVL	428
Libyan dinar		Libya	LYD	434
Lithuanian litas	Converter	Lithuania	LTL	440
Luxembourg franc	Converter	Luxembourg	LUF	442		EUR
Malaysian ringgit	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Malaysia	MYR	458
Maltese lira	Converter	Malta	MTL	470		EUR
Mauritius rupee	Converter	Mauritius	MUR	480
Mexican peso		Mexico	MXP	484		MXN
Mexican peso	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Mexico	MXN	484			MXP
Moroccan dirham	Converter	Morocco	MAD	504			MAF
Myanmar kyat		Myanmar	MMK	104
Nepalese rupee	Converter	Nepal	NPR	524
Netherlands Antillian guilder		Netherlands Antilles	ANG	532
Netherlands guilder	Converter	Netherlands	NLG	528		EUR
New Zealand dollar	Exchange rates and changes, Predictions and volatility, Market maps, Converter	New Zealand	NZD	554
Norwegian krone	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Norway	NOK	578
Omani rial	Converter	Oman	OMR	512
Pakistan rupee	Converter	Pakistan	PKR	586
Panamanian balboa		Panama	PAB	590
Peruvian sol nuevo		Peru	PEN	604
Philippine peso	Converter	Philippines	PHP	608
Polish zloty	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Poland	PLN	985			PLZ
Portuguese escudo	Converter	Portugal	PTE	620		EUR
Qatari riyal	Converter	Qatar	QAR	634
Romanian leu		Romania	ROL	642		RON
Romanian new leu	Converter	Romania	RON	946			ROL
Russian ruble	Converter	Russian federation	RUB	643			RUR
Saudi riyal	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Saudi Arabia	SAR	682
Serbian dinar	Converter	Serbia	RSD	941			CSD
Singapore dollar	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Singapore	SGD	702
Slovak koruna	Converter	Slovakia	SKK	703
Slovenia tolar	Converter	Slovenia	SIT	705		EUR
South African rand	Exchange rates and changes, Predictions and volatility, Market maps, Converter	South Africa	ZAR	710
South African rand (financial)		South Africa	ZAL	991		ZAR
South Korean won	Exchange rates and changes, Predictions and volatility, Market maps, Converter	South Korea	KRW	410
Spanish peseta	Converter	Spain	ESP	724		EUR
Special Drawing Right		International Monetary Fund	XDR	960
Sri Lankan rupee	Converter	Sri Lanka	LKR	144
Swedish krona	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Sweden	SEK	752
Swiss franc	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Switzerland	CHF	756
Taiwan new dollar	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Taiwan	TWD	901
Thai baht	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Thailand	THB	764
Trinidad and Tobago dollar	Converter	Trinidad and Tobago	TTD	780
Tunisian dinar	Converter	Tunisia	TND	788
Turkish lira		Turkey	TRL	792		TRY
Turkish new lira	Exchange rates and changes, Predictions and volatility, Market maps, Converter	Turkey	TRY	949			TRL
U.A.E. dirham	Converter	United Arab Emirates	AED	784
US dollar	Exchange rates and changes, Predictions and volatility, Market maps, Converter	United States	USD	840
Venezuelan bolivar		Venezuela	VEB	862		VEF
Venezuelan bolivar fuerte	Converter	Venezuela	VEF	937			VEB
Vietnamese dong	Converter	Vietnam	VND	704