Euro, Yen, USD, GBP & More..
Currency
rates have a tremendous impact on business and individual wealth
along with consumer spending power. In the current financial environment it
is not rare to see currency values change 2, 3 or 5% in a single
trading session.
Some traders (those who haven't jumped) are battling the Forex market more than ever before. Trading stocks is the most popular and well known form of investment but trading in currency values - although much riskier than traditional stock investments - can prove to be quite rewarding for those who do it well.
Not interested in investing (neither are we) but if you're planning a trip to Europe, the USA, Canada, Russia - anywhere you will have to use a domestic currency other than your own - than it's worth your time to bookmark this page and watch the currency values from time to time to see how far your money will go .. or how much of it has disappeared. Currency rates for popular currencies such as the Euro value, US dollar rate, Swiss franc and Canadian dollar are all listed to the right with a feed that is updated daily.
Below is a quick list of some of the most popular destinations and local currency used (but remember that most of the silly tourist places will almost always accept the greenback (US Dollar) if you are paying cash. It is noteworthy that many tourists opt to bring a small currency calculator for quick currency conversion while abroad. Credit cards are a whole other issue - many tourists quickly find that (with the exception of hotels and restaurants) many merchants will not accept credit cards so understand local currency exchange before you head to the airport and be prepared to pay cash if you have to.
USA = USD
Bahamas = Bahamian Dollar (on par with US Dollar)
Canada = Canadian Dollar
France = Euro
Germany = Euro
Mexico = Pesos
Russia = Ruble
Australia = Australian Dollar (AUS)
China = Renminbi (RMB) - also referred to by the unit yuan (CNY)
Croatia = Kuna
Czech Republic = Czech (Koruna) Crown CZK
Hong Kong = Hong Kong Dollar (HKD)
Japan = Yen (JPY)
London (UK) = Pound (GBP)
Singapore = Singapore Dollar (SGD)
South Africa = Rand
Spain = Euro
