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In finance, an exchange rate (also known as a foreign-exchange rate, forex rate, ER, FX rate or Agio) between two currencies is the rate at which one currency will be exchanged for another.
Historical Exchange Rates · Average Exchange Rates · Live Exchange Rates Exchange Rates - X-Rates foreign exchange rates and tools including a currency conversion calculator, historical rates and graphs, and a monthly exchange rate average. NOTICE: Myanmar's central bank has set a reference exchange rate under a managed float currency regime starting from 02 April 2012. Find updated foreign currency values, a currency converter and info for foreign currency trading.The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.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 the euro.Individual traders comprise a very small part of this market.Because of the volatility in the price of foreign currency, losses can accrue very rapidly, wiping out an investor’s down payment in short order.