Answers
How can we estimate foreign exchange rate between 2 countries for the next 6 months
thanks
look at the rate exchange(avg) between those two countries in the last 6months.you dont really have to look that far back if they are large stable countries(i know we really cant say that right now!!)who have a good trade history.
To determine the foreign exchange rate for different currencies, check the local paper for exchange rates, and pay attention to the inflation rate ...
Pick a country and tell me about the exchange rate of the U.S. dollar versus that country. Has the exchange rate changed recently? Why?
In finance, the exchange rates (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other. For example an exchange rate of 123 Japanese yen (JPY, ¥) to the United States dollar (USD, $) means that JPY 123 is worth the same as USD 1. The foreign exchange market is one of the largest markets in the world. By some estimates, about 2 trillion USD worth of currency changes hands every day.
What is the foreign exchange rate for cash when we are trying to convert pound (UK) to Rupee (India)
1 GBP is worth about 77.89 Rupees on the exchange. When you're trying to exchange petty cash, obviously, the rates are going to be slightly worse. It really depends on the place where you're going to be changing them. Typically, the best rates are from ATM machines (if you ignore the ATM fee) and from credit cards, so if you can use either of those places, go for it. I'm not sure if they have Amex offices in India, but if they do have one, those are almost as good. Beyond that, it's kind of vague what the merchants are actually charging. I'm guessing you might get anywhere from 70ish to 75 Rupees.
I have been asked to find out The Post Office and Thomson (travel agent)'s current foreign currency exchange rate.
I am on work placement working with First Choice Holidays and they have asked me to research this but its very tedious as they said I would have to ring them for some reason but do you know what PO and Thomson's exchange rate is?
For Euro and US Dollar.
Helen C, I found a website of US foreign currency exchanges. http://www.whatisforextrading.com Try visiting one of them and see if they have a service representative that can assist you.
Everywhere seems to charge fees, commission or hit you with a poor exchange rate - does anywhere give a good deal?
You can do that at your bank for the lowest price possible. Or go to a major city where the most people from Australia live near you and exchange it there. They also do it at the airport.
The US Is A Mega Bank Earning Killer Spreads Off Foreigners
From the world.
Yet it's interesting that this Chinese professor has framed the issue as a result of massive, long-standing currency manipulation. It's also nice to see some quantification of America's 'spread' highlighted:
China Stakes: The estimates of two scholars, Pierre-Olivier Gourinchas and Helene Rey, are well known. After a detailed calculation, they said the average returns of US-owned foreign assets from 1952 to 2004 was 5.72%, while the average returns of US assets held by other countries was 3.61%, the difference of 2.16 percentage points being the equivalent of trillions of dollars.
What most interests me is that the two scholars separated the fixed exchange rate era from the floating exchange rate era in their calculations, and fully demonstrated that the floating exchange rate system has conferred huge benefits on the US. During the Bretton Woods fixed exchange rate period (1952~1973), the average
Download Free ebook: An Artificial Market Model of a Foreign ...
This post was written by: by Kiyoshi Izumi (1998).
Captivated from Introduction : In May 1995 the yen-dollar exchange rate dropped dramatically and poor the pull down of 80 yen for the first every so often. In May 1997 the yen-dollar rate reversed to 126 yen. During the only two years the yen-dollar rate increased over 50%. Exchange rates sometimes show such unexpectable moves. Some dealers and analysts say, “Only markets recall.”
Recently the elephantine inexpensive changes have called our publicity to the cerebral or behavioral features in budgetary phenomena. One run-of-the-mill prototype is the above mentioned husky fluctuation of exchange rates. A sizeable fluctuation (a rate suds) is said to be primarily caused by bandwagon expectations [68]. This inside info shows that an exchange hawk has some features of multiagent systems. Autonomous Agents, each salesman makes a judgement based on his own trading rules and knowledge. Interaction, each shopkeeper learns store post interacting with each other. Rise, there are emergent phenomena such as rate bubbles at the majuscule letters (retail) raze, which are not straight designed at the quieten (surrogate) elevation.
Contents: Introduction Unproved Unseen Overview Macro Knock down Studies Micro Height Studies Multiagent models: Integration of Micro and Macro Framework of the Made-up Hawk Propositions Boundary of Resume Advantages of the Nearer Hypotheses about Dealers’ Behavior Survey at the Micro Equivalent Interviews: Soup of Laical Become Questionnaires: Snapshots of Distributed Patterns Talk: Ecology of Dealers’ Beliefs Construction of a Multiagent Original Framework of the Scale model Algorithm Simulation and Determination of the Image Overview Balance with Other Models Rate Bubbles Inject Transmutation of Forecasts Mark Emergent Phenomena in Markets Juxtaposing of the simulation...
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During the Bretton Woods fixed exchange rate period (1952~1973), the average return on foreign assets for the US was 4.04%, while the average yield of US