18:00:11(GMT), nigerian Naira (NGN algerian Dinar, american Dollar, argentine Peso. Definition of Exchange Rate, exchange Rate (also known as forex rate, FX rate, foreign-exchange rate, or Agio) is a relative value between two currencies at which one currency can be exchanged for another currency. In forex, the exchange rate between two currencies constantly changes. In addition, traveler may use a credit card to purchase goods in a store if they do not have local currency. It is also thought as the price of one currency in terms of another currency. South african rand.3847.4196.4546 danish krona.3301.4059.4817 SDR 422.0189 422.7091 423.3994 11/14/2018 US dollar 305.7 306.2 306.7 pounds sterling 396.4318 397.0802 397.7286 euro 345.1659 345.7304 346.295 swiss franc 302.9732 303.4688 303.9643 YEN.6842.6886.6929 CFA.5057.5157.5257 waua 421.0012. Home Data Statistics Exchange Rate By Currency, nigerian Naira Exchange Rate, rates Archives.
Exchange rate is commonly used for converting currency (for travel, or oversea online shopping engaging in speculation, or trading in the foreign exchange market. The forex market is the largest and most liquid market in the world, and determines the relative values of different currencies. The forex market is indeed extremely volatile, investors should be well familiar with all of dynamic factors which influence the currencies values to help mitigate these risks and improve their long-term returns). Nigerian Naira (NGN) updated 18:00:11(GMT) updated 18:00:11(GMT), nigerian Naira (NGN british Pound. Indian Rupee, indonesian Rupiah, iranian Rial, israeli New Shekel.
Polish Zloty, qatari Rial, romanian Leu Russian Ruble Saudi Riyal Serbian Dinar Singapore Dollar South African Rand Sri Lanka Rupee Swedish Krona Swiss Franc Taiwan Dollar Thai Baht Turkish Lira Ukraine Hryvnia. Canadian Dollar, chilean Peso, chinese Yuan Renminbi, croatian Kuna. Western union (Receiving) 348.57 444.27 386.48 348.57 443.99 386.79, moneygram (Receiving) 347.01 446.55 399.07 347.01 451.04 398.01. The currency reflects the strength of its corresponding economy, which is affected by a wide variety of factors, such as inflation and the state of politics and the economy. It allows investors to buy, sell, exchange and speculate on currencies, including banks, investment management firms, commercial companies, non-bank foreign exchange companies, central banks, hedge funds as speculators and retail investors. Apart from weekends, the currency trading is continuous: 24 hours a day, from 20:15 GMT on Sunday until 22:00 GMT Friday. See All: Facts Events. Where to buy foreign currency in everyday life? Currency as a medium of exchange is a system of money (monetary units) in common use. Czech Koruna, danish Krone, egyptian Pound, ethereum.