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  2. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    For example, in a conversion from EUR to AUD, EUR is the fixed currency, AUD is the variable currency and the exchange rate indicates how many Australian dollars would be paid or received for 1 euro. In some areas of Europe and in the retail market in the United Kingdom , EUR and GBP are reversed so that GBP is quoted as the fixed currency to ...

  3. Foreign exchange market - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_market

    USD/ SEK exchange rate. USD/ CHF exchange rate. The foreign exchange market ( forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging ...

  4. Foreign exchange date conventions - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_date...

    Foreign exchange date conventions. The Foreign exchange Options date convention is the timeframe between a currency options trade on the foreign exchange market and when the two parties will exchange the currencies to settle the option. The number of days will depend on the option agreement, the currency pair and the banking hours of the ...

  5. U.S. Dollar Index - Wikipedia

    en.wikipedia.org/wiki/U.S._Dollar_Index

    The U.S. Dollar Index ( USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, [ 1] often referred to as a basket of U.S. trade partners' currencies. [ 2] The Index goes up when the U.S. dollar gains "strength" (value) when compared to other ...

  6. Mexican peso - Wikipedia

    en.wikipedia.org/wiki/Mexican_peso

    USD/MXN exchange rate. Mexican peso crisis in 1994 was an unpegging and devaluation of the peso and happened the same year NAFTA was ratified. [2]The Mexican peso (symbol: $; currency code: MXN; also abbreviated Mex$ to distinguish it from other peso-denominated currencies; referred to as the peso, Mexican peso, or colloquially varo) is the official currency of Mexico.

  7. 5 reasons the strength of the US dollar is here to stay ...

    www.aol.com/news/5-reasons-strength-us-dollar...

    Foreigners convert their currency into dollars to buy Treasurys, leading to even more demand for the dollar. "Over the 12 months ended June, foreign investors have scooped up $451 billion of long ...

  8. Currency substitution - Wikipedia

    en.wikipedia.org/wiki/Currency_substitution

    Three cases of a country using or pegging the currency of a neighbor. Currency substitution is the use of a foreign currency in parallel to or instead of a domestic currency. [ 1] Currency substitution can be full or partial. Full currency substitution can occur after a major economic crisis, such as in Ecuador, El Salvador, and Zimbabwe.

  9. Euro Currency Index - Wikipedia

    en.wikipedia.org/wiki/Euro_Currency_Index

    The Euro Currency Index ( EUR_I) represents the arithmetic ratio of four major currencies against the Euro: the American dollar, British sterling, the Japanese yen and the Swiss franc. All ratios are expressed in units of currency per Euro. The index was launched in 2004 by the exchange portal Stooq.com. Underlying are 100 points on 4 January ...

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