How do you calculate a currency exchange rate?

May 19, 2009 by Currency Trading Tips  
Filed under More Currency Trading Answers

Can you answer Me’s question about Currency Trading?:

I’m going out of country to Japan and I am going to be missing school so my math teacher wants me to calculate the currency exchange rate for both weeks I’ll be there.

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Comments

5 Responses to “How do you calculate a currency exchange rate?”

  1. wachirasa on May 21st, 2009 4:27 pm

    Currency Trading Feedback: yahoo finance

  2. marauderprongs on May 23rd, 2009 10:33 am

    Currency Trading Feedback: google

  3. TEBOE7 on May 24th, 2009 11:35 am

    Currency Trading Feedback: calculate a currency exchange rate

  4. explicate on May 25th, 2009 3:32 pm

    Currency Trading Feedback: You have to find how much a dollar is worth in yen (japanese money)

    read the article below it should help!

    have fun on your trip!!

  5. majs007 on May 26th, 2009 12:27 pm

    Currency Trading Feedback: Since the currency exchange rate can vary day to day, to get the most up to the day rates you can use. Since I deal with a lot of people that travel, this shows the rate for the very day they travel.

    Since the rate changes day to day, its best to go to an international bank to exchange money, since they are most likely to give you the best rate.

    Please note that most stores that you would visit would give their own exchange rate, which is usually higher than the bank rate.

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