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  2. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    The buying rate is the rate at which money dealers will buy foreign currency, and the selling rate is the rate at which they will sell that currency. The quoted rates will incorporate an allowance for a dealer's margin (or profit) in trading, or else the margin may be recovered in the form of a commission or in some other way.

  3. How Does the Exchange Rate Work and How Does It Affect ... - AOL

    www.aol.com/does-exchange-rate-does-affect...

    Based on March 12, 2021, exchange rates, you’d need 72.689114 Indian rupees, 6.221649 Danish kroner or 3,578.020623 Colombian pesos to buy one U.S. dollar — but just 0.836594 euros.

  4. Where to exchange currency without paying large fees - AOL

    www.aol.com/finance/where-exchange-currency...

    Conversion fees: When exchanging non-local currency for another foreign currency (e.g., exchanging USD for EUR in a non-EU country), fees can often be higher due to double conversion charges ...

  5. Bureau de change - Wikipedia

    en.wikipedia.org/wiki/Bureau_de_change

    For example, a UK bureau may sell €1.40 for £1 but buy €1.60 for £1. Quite often the terms "buy" and "sell" are used the other way round by a bureau de change, and the buy rate may seem higher that the sell rate: in such cases, it means "we buy/sell our local currency at the rate shown" (examples from Google Images).

  6. Currency pair - Wikipedia

    en.wikipedia.org/wiki/Currency_pair

    A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market. The currency that is used as the reference is called the counter currency , quote currency, or currency [ 1 ] and the currency that is quoted in relation is called the base currency or transaction currency.

  7. How Are Currency Exchange Rates Determined? - AOL

    www.aol.com/currency-exchange-rates-determined...

    Put simply, exchange rates compare the value of one currency to another. They measure how much of one currency it takes to purchase a unit of another. Exchange rates are ultimately determined in ...

  8. Devaluation - Wikipedia

    en.wikipedia.org/wiki/Devaluation

    A monetary authority (e.g., a central bank) maintains a fixed value of its currency by being ready to buy or sell foreign currency with the domestic currency at a stated rate; a devaluation is an indication that the monetary authority will buy and sell foreign currency at a lower rate.

  9. Candlestick chart - Wikipedia

    en.wikipedia.org/wiki/Candlestick_chart

    A candlestick chart (also called Japanese candlestick chart or K-line) is a style of financial chart used to describe price movements of a security, derivative, or currency. While similar in appearance to a bar chart, each candlestick represents four important pieces of information for that day: open and close in the thick body, and high and ...