Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction.

Nepalese Rupee

1 NPR
U.A.E. Dirham
0.047430
Argentine Peso
0.040914
Australian Dollar
0.015748
Bahrain Dinar
0.004856
Brunei Dollar
0.018681
Brazilian Real
0.024505
Botswana Pula
0.088156
Canadian Dollar
0.013967
Swiss Franc
0.014051
Chilean Peso
7.019617
Chinese Yuan
0.088254
Colombian Peso
26.046095
Cyprus Pound
0.005135
Czech Koruna
0.235089
Danish Krone
0.068423
Euro
0.009190
U.K. Pound Sterling
0.007832
Hungarian Forint
2.463892
Indonesian Rupiah
129.019392
Israeli New Sheqel
0.049187
Indian Rupee
0.626243
Iranian Rial
128.670513
Icelandic Krona
1.669764
Japanese Yen
1.226913
Korean Won
16.007960
Kuwaiti Dinar
0.003714
Sri Lanka Rupee
1.483926
Libyan Dinar
0.016090
Maltese Lira
0.003767
Mauritian Rupee
0.411350
Mexican Peso
0.170764
Malaysian Ringgit
0.045719
Norwegian Krone
0.080404
Nepalese Rupee
1.000000
New Zealand Dollar
0.019894
Omani Rial
0.004966
Pakistan Rupee
0.783454
Polish Zloty
0.038405
Qatar Riyal
0.047010
Saudi Arabian Riyal
0.048431
Swedish Krona
0.096119
Singapore Dollar
0.018681
Slovenian Tolar
2.352479
Thai Baht
0.439104
Trinidad and Tobago Dollar
0.081274
U.S. Dollar
0.012915
Venezuelan Bolivar
27.476513
South African Rand
0.100994
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

Mauritian Rupee

1 MUR
U.A.E. Dirham
0.115303
Argentine Peso
0.099462
Australian Dollar
0.038284
Bahrain Dinar
0.011805
Brunei Dollar
0.045415
Brazilian Real
0.059571
Botswana Pula
0.214308
Canadian Dollar
0.033955
Swiss Franc
0.034159
Chilean Peso
17.064837
Chinese Yuan
0.214547
Colombian Peso
63.318604
Cyprus Pound
0.012484
Czech Koruna
0.571507
Danish Krone
0.166338
Euro
0.022341
U.K. Pound Sterling
0.019041
Hungarian Forint
5.989774
Indonesian Rupiah
313.648849
Israeli New Sheqel
0.119574
Indian Rupee
1.522411
Iranian Rial
312.800717
Icelandic Krona
4.059232
Japanese Yen
2.982651
Korean Won
38.915687
Kuwaiti Dinar
0.009028
Sri Lanka Rupee
3.607455
Libyan Dinar
0.039115
Maltese Lira
0.009157
Mauritian Rupee
1.000000
Mexican Peso
0.415131
Malaysian Ringgit
0.111143
Norwegian Krone
0.195463
Nepalese Rupee
2.431021
New Zealand Dollar
0.048362
Omani Rial
0.012072
Pakistan Rupee
1.904593
Polish Zloty
0.093363
Qatar Riyal
0.114282
Saudi Arabian Riyal
0.117736
Swedish Krona
0.233667
Singapore Dollar
0.045415
Slovenian Tolar
5.718926
Thai Baht
1.067470
Trinidad and Tobago Dollar
0.197579
U.S. Dollar
0.031396
Venezuelan Bolivar
66.795980
South African Rand
0.245519
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

Maltese Lira

1 MTL
U.A.E. Dirham
12.592185
Argentine Peso
10.862197
Australian Dollar
4.180919
Bahrain Dinar
1.289216
Brunei Dollar
4.959711
Brazilian Real
6.505756
Botswana Pula
23.404444
Canadian Dollar
3.708205
Swiss Franc
3.730488
Chilean Peso
1,863.639180
Chinese Yuan
23.430529
Colombian Peso
6,914.981640
Cyprus Pound
1.363407
Czech Koruna
62.413915
Danish Krone
18.165624
Euro
2.439877
U.K. Pound Sterling
2.079424
Hungarian Forint
654.139123
Indonesian Rupiah
34,253.377283
Israeli New Sheqel
13.058643
Indian Rupee
166.261438
Iranian Rial
34,160.753389
Icelandic Krona
443.305917
Japanese Yen
325.733257
Korean Won
4,249.955661
Kuwaiti Dinar
0.985943
Sri Lanka Rupee
393.967667
Libyan Dinar
4.271686
Maltese Lira
1.000000
Mauritian Rupee
109.209319
Mexican Peso
45.336191
Malaysian Ringgit
12.137842
Norwegian Krone
21.346425
Nepalese Rupee
265.490146
New Zealand Dollar
5.281529
Omani Rial
1.318356
Pakistan Rupee
207.999329
Polish Zloty
10.196144
Qatar Riyal
12.480705
Saudi Arabian Riyal
12.857899
Swedish Krona
25.518657
Singapore Dollar
4.959711
Slovenian Tolar
624.560002
Thai Baht
116.577672
Trinidad and Tobago Dollar
21.577499
U.S. Dollar
3.428764
Venezuelan Bolivar
7,294.743493
South African Rand
26.812960
using values from Monday, December 31, 2007

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

Malaysian Ringgit

1 MYR
U.A.E. Dirham
1.037432
Argentine Peso
0.894904
Australian Dollar
0.344453
Bahrain Dinar
0.106215
Brunei Dollar
0.408616
Brazilian Real
0.535990
Botswana Pula
1.928221
Canadian Dollar
0.305508
Swiss Franc
0.307344
Chilean Peso
153.539583
Chinese Yuan
1.930370
Colombian Peso
569.704376
Cyprus Pound
0.112327
Czech Koruna
5.142093
Danish Krone
1.496611
Euro
0.201014
U.K. Pound Sterling
0.171317
Hungarian Forint
53.892539
Indonesian Rupiah
2,822.031923
Israeli New Sheqel
1.075862
Indian Rupee
13.697776
Iranian Rial
2,814.400921
Icelandic Krona
36.522631
Japanese Yen
26.836176
Korean Won
350.140964
Kuwaiti Dinar
0.081229
Sri Lanka Rupee
32.457802
Libyan Dinar
0.351931
Maltese Lira
0.082387
Mauritian Rupee
8.997425
Mexican Peso
3.735111
Malaysian Ringgit
1.000000
Norwegian Krone
1.758667
Nepalese Rupee
21.872928
New Zealand Dollar
0.435129
Omani Rial
0.108615
Pakistan Rupee
17.136434
Polish Zloty
0.840029
Qatar Riyal
1.028247
Saudi Arabian Riyal
1.059323
Swedish Krona
2.102405
Singapore Dollar
0.408616
Slovenian Tolar
51.455605
Thai Baht
9.604481
Trinidad and Tobago Dollar
1.777705
U.S. Dollar
0.282485
Venezuelan Bolivar
600.991804
South African Rand
2.209038
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

Korean Won

1 KRW
U.A.E. Dirham
0.002963
Argentine Peso
0.002556
Australian Dollar
0.000984
Bahrain Dinar
0.000303
Brunei Dollar
0.001167
Brazilian Real
0.001531
Botswana Pula
0.005507
Canadian Dollar
0.000873
Swiss Franc
0.000878
Chilean Peso
0.438508
Chinese Yuan
0.005513
Colombian Peso
1.627071
Cyprus Pound
0.000321
Czech Koruna
0.014686
Danish Krone
0.004274
Euro
0.000574
U.K. Pound Sterling
0.000489
Hungarian Forint
0.153917
Indonesian Rupiah
8.059702
Israeli New Sheqel
0.003073
Indian Rupee
0.039121
Iranian Rial
8.037908
Icelandic Krona
0.104308
Japanese Yen
0.076644
Korean Won
1.000000
Kuwaiti Dinar
0.000232
Sri Lanka Rupee
0.092699
Libyan Dinar
0.001005
Maltese Lira
0.000235
Mauritian Rupee
0.025697
Mexican Peso
0.010667
Malaysian Ringgit
0.002856
Norwegian Krone
0.005023
Nepalese Rupee
0.062469
New Zealand Dollar
0.001243
Omani Rial
0.000310
Pakistan Rupee
0.048942
Polish Zloty
0.002399
Qatar Riyal
0.002937
Saudi Arabian Riyal
0.003025
Swedish Krona
0.006004
Singapore Dollar
0.001167
Slovenian Tolar
0.146957
Thai Baht
0.027430
Trinidad and Tobago Dollar
0.005077
U.S. Dollar
0.000807
Venezuelan Bolivar
1.716428
South African Rand
0.006309
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

U.A.E. Dirham
0.000368
Argentine Peso
0.000317
Australian Dollar
0.000122
Bahrain Dinar
0.000038
Brunei Dollar
0.000145
Brazilian Real
0.000190
Botswana Pula
0.000683
Canadian Dollar
0.000108
Swiss Franc
0.000109
Chilean Peso
0.054407
Chinese Yuan
0.000684
Colombian Peso
0.201877
Cyprus Pound
0.000040
Czech Koruna
0.001822
Danish Krone
0.000530
Euro
0.000071
U.K. Pound Sterling
0.000061
Hungarian Forint
0.019097
Indonesian Rupiah
1.000000
Israeli New Sheqel
0.000381
Indian Rupee
0.004854
Iranian Rial
0.997296
Icelandic Krona
0.012942
Japanese Yen
0.009510
Korean Won
0.124074
Kuwaiti Dinar
0.000029
Sri Lanka Rupee
0.011502
Libyan Dinar
0.000125
Maltese Lira
0.000029
Mauritian Rupee
0.003188
Mexican Peso
0.001324
Malaysian Ringgit
0.000354
Norwegian Krone
0.000623
Nepalese Rupee
0.007751
New Zealand Dollar
0.000154
Omani Rial
0.000038
Pakistan Rupee
0.006072
Polish Zloty
0.000298
Qatar Riyal
0.000364
Saudi Arabian Riyal
0.000375
Swedish Krona
0.000745
Singapore Dollar
0.000145
Slovenian Tolar
0.018234
Thai Baht
0.003403
Trinidad and Tobago Dollar
0.000630
U.S. Dollar
0.000100
Venezuelan Bolivar
0.212964
South African Rand
0.000783
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

Indian Rupee

1 INR
U.A.E. Dirham
0.075737
Argentine Peso
0.065332
Australian Dollar
0.025147
Bahrain Dinar
0.007754
Brunei Dollar
0.029831
Brazilian Real
0.039130
Botswana Pula
0.140769
Canadian Dollar
0.022303
Swiss Franc
0.022437
Chilean Peso
11.209089
Chinese Yuan
0.140926
Colombian Peso
41.591013
Cyprus Pound
0.008200
Czech Koruna
0.375396
Danish Krone
0.109259
Euro
0.014675
U.K. Pound Sterling
0.012507
Hungarian Forint
3.934401
Indonesian Rupiah
206.021178
Israeli New Sheqel
0.078543
Indian Rupee
1.000000
Iranian Rial
205.464080
Icelandic Krona
2.666318
Japanese Yen
1.959163
Korean Won
25.561884
Kuwaiti Dinar
0.005930
Sri Lanka Rupee
2.369567
Libyan Dinar
0.025693
Maltese Lira
0.006015
Mauritian Rupee
0.656853
Mexican Peso
0.272680
Malaysian Ringgit
0.073005
Norwegian Krone
0.128391
Nepalese Rupee
1.596823
New Zealand Dollar
0.031766
Omani Rial
0.007929
Pakistan Rupee
1.251038
Polish Zloty
0.061326
Qatar Riyal
0.075067
Saudi Arabian Riyal
0.077335
Swedish Krona
0.153485
Singapore Dollar
0.029831
Slovenian Tolar
3.756493
Thai Baht
0.701171
Trinidad and Tobago Dollar
0.129781
U.S. Dollar
0.020623
Venezuelan Bolivar
43.875138
South African Rand
0.161270
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transact
Hungarian Forint

1 HUF
U.A.E. Dirham
0.019250
Argentine Peso
0.016605
Australian Dollar
0.006391
Bahrain Dinar
0.001971
Brunei Dollar
0.007582
Brazilian Real
0.009946
Botswana Pula
0.035779
Canadian Dollar
0.005669
Swiss Franc
0.005703
Chilean Peso
2.848995
Chinese Yuan
0.035819
Colombian Peso
10.571118
Cyprus Pound
0.002084
Czech Koruna
0.095414
Danish Krone
0.027770
Euro
0.003730
U.K. Pound Sterling
0.003179
Hungarian Forint
1.000000
Indonesian Rupiah
52.364055
Israeli New Sheqel
0.019963
Indian Rupee
0.254168
Iranian Rial
52.222459
Icelandic Krona
0.677694
Japanese Yen
0.497957
Korean Won
6.497021
Kuwaiti Dinar
0.001507
Sri Lanka Rupee
0.602269
Libyan Dinar
0.006530
Maltese Lira
0.001529
Mauritian Rupee
0.166951
Mexican Peso
0.069307
Malaysian Ringgit
0.018555
Norwegian Krone
0.032633
Nepalese Rupee
0.405862
New Zealand Dollar
0.008074
Omani Rial
0.002015
Pakistan Rupee
0.317974
Polish Zloty
0.015587
Qatar Riyal
0.019080
Saudi Arabian Riyal
0.019656
Swedish Krona
0.039011
Singapore Dollar
0.007582
Slovenian Tolar
0.954782
Thai Baht
0.178215
Trinidad and Tobago Dollar
0.032986
U.S. Dollar
0.005242
Venezuelan Bolivar
11.151670
South African Rand
0.040990
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction.

Danish Krone

1 DKK
U.A.E. Dirham
0.693188
Argentine Peso
0.597953
Australian Dollar
0.230156
Bahrain Dinar
0.070970
Brunei Dollar
0.273027
Brazilian Real
0.358136
Botswana Pula
1.288392
Canadian Dollar
0.204133
Swiss Franc
0.205360
Chilean Peso
102.591533
Chinese Yuan
1.289828
Colombian Peso
380.663046
Cyprus Pound
0.075054
Czech Koruna
3.435826
Danish Krone
1.000000
Euro
0.134313
U.K. Pound Sterling
0.114470
Hungarian Forint
36.009726
Indonesian Rupiah
1,885.615264
Israeli New Sheqel
0.718866
Indian Rupee
9.152531
Iranian Rial
1,880.516408
Icelandic Krona
24.403562
Japanese Yen
17.931301
Korean Won
233.955945
Kuwaiti Dinar
0.054275
Sri Lanka Rupee
21.687539
Libyan Dinar
0.235152
Maltese Lira
0.055049
Mauritian Rupee
6.011867
Mexican Peso
2.495713
Malaysian Ringgit
0.668176
Norwegian Krone
1.175100
Nepalese Rupee
14.614976
New Zealand Dollar
0.290743
Omani Rial
0.072574
Pakistan Rupee
11.450162
Polish Zloty
0.561288
Qatar Riyal
0.687051
Saudi Arabian Riyal
0.707815
Swedish Krona
1.404777
Singapore Dollar
0.273027
Slovenian Tolar
34.381424
Thai Baht
6.417488
Trinidad and Tobago Dollar
1.187820
U.S. Dollar
0.188750
Venezuelan Bolivar
401.568568
South African Rand
1.476027
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction.

Czech Koruna

1 CZK
U.A.E. Dirham
0.201753
Argentine Peso
0.174035
Australian Dollar
0.066987
Bahrain Dinar
0.020656
Brunei Dollar
0.079465
Brazilian Real
0.104236
Botswana Pula
0.374988
Canadian Dollar
0.059413
Swiss Franc
0.059770
Chilean Peso
29.859354
Chinese Yuan
0.375406
Colombian Peso
110.792307
Cyprus Pound
0.021845
Czech Koruna
1.000000
Danish Krone
0.291051
Euro
0.039092
U.K. Pound Sterling
0.033317
Hungarian Forint
10.480662
Indonesian Rupiah
548.809945
Israeli New Sheqel
0.209226
Indian Rupee
2.663852
Iranian Rial
547.325919
Icelandic Krona
7.102678
Japanese Yen
5.218920
Korean Won
68.093079
Kuwaiti Dinar
0.015797
Sri Lanka Rupee
6.312177
Libyan Dinar
0.068441
Maltese Lira
0.016022
Mauritian Rupee
1.749759
Mexican Peso
0.726380
Malaysian Ringgit
0.194473
Norwegian Krone
0.342014
Nepalese Rupee
4.253701
New Zealand Dollar
0.084621
Omani Rial
0.021123
Pakistan Rupee
3.332579
Polish Zloty
0.163363
Qatar Riyal
0.199967
Saudi Arabian Riyal
0.206010
Swedish Krona
0.408862
Singapore Dollar
0.079465
Slovenian Tolar
10.006743
Thai Baht
1.867815
Trinidad and Tobago Dollar
0.345716
U.S. Dollar
0.054936
Venezuelan Bolivar
116.876877
South African Rand
0.429599
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction.

Cyprus Pound

1 CYP
U.A.E. Dirham
9.235822
Argentine Peso
7.966951
Australian Dollar
3.066523
Bahrain Dinar
0.945584
Brunei Dollar
3.637733
Brazilian Real
4.771690
Botswana Pula
17.166146
Canadian Dollar
2.719808
Swiss Franc
2.736151
Chilean Peso
1,366.898591
Chinese Yuan
17.185278
Colombian Peso
5,071.839420
Cyprus Pound
1.000000
Czech Koruna
45.777902
Danish Krone
13.323698
Euro
1.789544
U.K. Pound Sterling
1.525167
Hungarian Forint
479.782704
Indonesian Rupiah
25,123.368103
Israeli New Sheqel
9.577949
Indian Rupee
121.945561
Iranian Rial
25,055.432490
Icelandic Krona
325.145683
Japanese Yen
238.911231
Korean Won
3,117.158335
Kuwaiti Dinar
0.723146
Sri Lanka Rupee
288.958214
Libyan Dinar
3.133096
Maltese Lira
0.733457
Mauritian Rupee
80.100304
Mexican Peso
33.252132
Malaysian Ringgit
8.902581
Norwegian Krone
15.656678
Nepalese Rupee
194.725519
New Zealand Dollar
3.873773
Omani Rial
0.966957
Pakistan Rupee
152.558496
Polish Zloty
7.478430
Qatar Riyal
9.154056
Saudi Arabian Riyal
9.430712
Swedish Krona
18.716829
Singapore Dollar
3.637733
Slovenian Tolar
458.087701
Thai Baht
85.504671
Trinidad and Tobago Dollar
15.826161
U.S. Dollar
2.514850
Venezuelan Bolivar
5,350.378285
South African Rand
19.666144
using values from Monday, December 31, 2007

U.A.E. Dirham
0.537426
Argentine Peso
0.463592
Australian Dollar
0.178439
Bahrain Dinar
0.055023
Brunei Dollar
0.211677
Brazilian Real
0.277662
Botswana Pula
0.998887
Canadian Dollar
0.158264
Swiss Franc
0.159215
Chilean Peso
79.538927
Chinese Yuan
1.000000
Colombian Peso
295.126991
Cyprus Pound
0.058189
Czech Koruna
2.663786
Danish Krone
0.775297
Euro
0.104132
U.K. Pound Sterling
0.088748
Hungarian Forint
27.918239
Indonesian Rupiah
1,461.912220
Israeli New Sheqel
0.557335
Indian Rupee
7.095932
Iranian Rial
1,457.959091
Icelandic Krona
18.920013
Japanese Yen
13.902087
Korean Won
181.385388
Kuwaiti Dinar
0.042079
Sri Lanka Rupee
16.814288
Libyan Dinar
0.182313
Maltese Lira
0.042679
Mauritian Rupee
4.660984
Mexican Peso
1.934920
Malaysian Ringgit
0.518035
Norwegian Krone
0.911052
Nepalese Rupee
11.330950
New Zealand Dollar
0.225412
Omani Rial
0.056267
Pakistan Rupee
8.877278
Polish Zloty
0.435165
Qatar Riyal
0.532669
Saudi Arabian Riyal
0.548767
Swedish Krona
1.089120
Singapore Dollar
0.211677
Slovenian Tolar
26.655821
Thai Baht
4.975460
Trinidad and Tobago Dollar
0.920914
U.S. Dollar
0.146337
Venezuelan Bolivar
311.334984
South African Rand
1.144360
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

Canadian Dollar

1 CAD
U.A.E. Dirham
3.395763
Argentine Peso
2.929233
Australian Dollar
1.127478
Bahrain Dinar
0.347666
Brunei Dollar
1.337496
Brazilian Real
1.754422
Botswana Pula
6.311529
Canadian Dollar
1.000000
Swiss Franc
1.006009
Chilean Peso
502.571730
Chinese Yuan
6.318563
Colombian Peso
1,864.778506
Cyprus Pound
0.367673
Czech Koruna
16.831300
Danish Krone
4.898764
Euro
0.657967
U.K. Pound Sterling
0.560763
Hungarian Forint
176.403155
Indonesian Rupiah
9,237.184570
Israeli New Sheqel
3.521553
Indian Rupee
44.836092
Iranian Rial
9,212.206478
Icelandic Krona
119.547294
Japanese Yen
87.841213
Korean Won
1,146.095012
Kuwaiti Dinar
0.265881
Sri Lanka Rupee
106.242138
Libyan Dinar
1.151955
Maltese Lira
0.269672
Mauritian Rupee
29.450720
Mexican Peso
12.225912
Malaysian Ringgit
3.273239
Norwegian Krone
5.756538
Nepalese Rupee
71.595319
New Zealand Dollar
1.424282
Omani Rial
0.355524
Pakistan Rupee
56.091643
Polish Zloty
2.749617
Qatar Riyal
3.365700
Saudi Arabian Riyal
3.467418
Swedish Krona
6.881673
Singapore Dollar
1.337496
Slovenian Tolar
168.426487
Thai Baht
31.437760
Trinidad and Tobago Dollar
5.818852
U.S. Dollar
0.924642
Venezuelan Bolivar
1,967.189731
South African Rand
7.230711
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

Australian Dollar

1 AUD
U.A.E. Dirham
3.011822
Argentine Peso
2.598041
Australian Dollar
1.000000
Bahrain Dinar
0.308357
Brunei Dollar
1.186273
Brazilian Real
1.556059
Botswana Pula
5.597919
Canadian Dollar
0.886936
Swiss Franc
0.892265
Chilean Peso
445.748714
Chinese Yuan
5.604158
Colombian Peso
1,653.938276
Cyprus Pound
0.326102
Czech Koruna
14.928277
Danish Krone
4.344888
Euro
0.583574
U.K. Pound Sterling
0.497361
Hungarian Forint
156.458222
Indonesian Rupiah
8,192.787010
Israeli New Sheqel
3.123391
Indian Rupee
39.766723
Iranian Rial
8,170.633053
Icelandic Krona
106.030741
Japanese Yen
77.909491
Korean Won
1,016.512364
Kuwaiti Dinar
0.235820
Sri Lanka Rupee
94.229925
Libyan Dinar
1.021710
Maltese Lira
0.239182
Mauritian Rupee
26.120890
Mexican Peso
10.843595
Malaysian Ringgit
2.903152
Norwegian Krone
5.105678
Nepalese Rupee
63.500431
New Zealand Dollar
1.263246
Omani Rial
0.315327
Pakistan Rupee
49.749670
Polish Zloty
2.438733
Qatar Riyal
2.985158
Saudi Arabian Riyal
3.075376
Swedish Krona
6.103600
Singapore Dollar
1.186273
Slovenian Tolar
149.383432
Thai Baht
27.883266
Trinidad and Tobago Dollar
5.160947
U.S. Dollar
0.820098
Venezuelan Bolivar
1,744.770428
South African Rand
6.413174
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

U.S. Dollar

1 USD
U.A.E. Dirham
3.672514
Argentine Peso
3.167963
Australian Dollar
1.219366
Bahrain Dinar
0.376000
Brunei Dollar
1.446501
Brazilian Real
1.897406
Botswana Pula
6.825913
Canadian Dollar
1.081499
Swiss Franc
1.087998
Chilean Peso
543.530876
Chinese Yuan
6.833520
Colombian Peso
2,016.756283
Cyprus Pound
0.397638
Czech Koruna
18.203035
Danish Krone
5.298009
Euro
0.711591
U.K. Pound Sterling
0.606465
Hungarian Forint
190.779854
Indonesian Rupiah
9,990.006834
Israeli New Sheqel
3.808557
Indian Rupee
48.490194
Iranian Rial
9,962.993050
Icelandic Krona
129.290292
Japanese Yen
95.000193
Korean Won
1,239.500729
Kuwaiti Dinar
0.287550
Sri Lanka Rupee
114.900778
Libyan Dinar
1.245838
Maltese Lira
0.291650
Mauritian Rupee
31.850928
Mexican Peso
13.222312
Malaysian Ringgit
3.540005
Norwegian Krone
6.225691
Nepalese Rupee
77.430273
New Zealand Dollar
1.540359
Omani Rial
0.384499
Pakistan Rupee
60.663061
Polish Zloty
2.973708
Qatar Riyal
3.640001
Saudi Arabian Riyal
3.750010
Swedish Krona
7.442523
Singapore Dollar
1.446501
Slovenian Tolar
182.153095
Thai Baht
33.999910
Trinidad and Tobago Dollar
6.293083
U.S. Dollar
1.000000
Venezuelan Bolivar
2,127.513931
South African Rand
7.820007
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss deta
U.K. Pound Sterling

1 GBP
U.A.E. Dirham
6.055612
Argentine Peso
5.223656
Australian Dollar
2.010614
Bahrain Dinar
0.619987
Brunei Dollar
2.385137
Brazilian Real
3.128634
Botswana Pula
11.255253
Canadian Dollar
1.783285
Swiss Franc
1.794001
Chilean Peso
896.228511
Chinese Yuan
11.267797
Colombian Peso
3,325.431106
Cyprus Pound
0.655666
Czech Koruna
30.015000
Danish Krone
8.735892
Euro
1.173343
U.K. Pound Sterling
1.000000
Hungarian Forint
314.577059
Indonesian Rupiah
16,472.530545
Israeli New Sheqel
6.279932
Indian Rupee
79.955521
Iranian Rial
16,427.987494
Icelandic Krona
213.186869
Japanese Yen
156.645898
Korean Won
2,043.813778
Kuwaiti Dinar
0.474142
Sri Lanka Rupee
189.459987
Libyan Dinar
2.054264
Maltese Lira
0.480902
Mauritian Rupee
52.519021
Mexican Peso
21.802282
Malaysian Ringgit
5.837117
Norwegian Krone
10.265547
Nepalese Rupee
127.674842
New Zealand Dollar
2.539900
Omani Rial
0.634000
Pakistan Rupee
100.027372
Polish Zloty
4.903350
Qatar Riyal
6.002001
Saudi Arabian Riyal
6.183394
Swedish Krona
12.271983
Singapore Dollar
2.385137
Slovenian Tolar
300.352389
Thai Baht
56.062479
Trinidad and Tobago Dollar
10.376670
U.S. Dollar
1.648901
Venezuelan Bolivar
3,508.059483
South African Rand
12.894416
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

Euro

1 EUR
U.A.E. Dirham
5.160992
Argentine Peso
4.451945
Australian Dollar
1.713578
Bahrain Dinar
0.528394
Brunei Dollar
2.032771
Brazilian Real
2.666428
Botswana Pula
9.592469
Canadian Dollar
1.519833
Swiss Franc
1.528966
Chilean Peso
763.825064
Chinese Yuan
9.603160
Colombian Peso
2,834.151778
Cyprus Pound
0.558802
Czech Koruna
25.580763
Danish Krone
7.445303
Euro
1.000000
U.K. Pound Sterling
0.852266
Hungarian Forint
268.103323
Indonesian Rupiah
14,038.977277
Israeli New Sheqel
5.352173
Indian Rupee
68.143370
Iranian Rial
14,001.014750
Icelandic Krona
181.691915
Japanese Yen
133.503968
Korean Won
1,741.872939
Kuwaiti Dinar
0.404095
Sri Lanka Rupee
161.470300
Libyan Dinar
1.750779
Maltese Lira
0.409857
Mauritian Rupee
44.760175
Mexican Peso
18.581343
Malaysian Ringgit
4.974776
Norwegian Krone
8.748976
Nepalese Rupee
108.812924
New Zealand Dollar
2.164670
Omani Rial
0.540337
Pakistan Rupee
85.249925
Polish Zloty
4.178958
Qatar Riyal
5.115301
Saudi Arabian Riyal
5.269896
Swedish Krona
10.458993
Singapore Dollar
2.032771
Slovenian Tolar
255.980121
Thai Baht
47.780144
Trinidad and Tobago Dollar
8.843683
U.S. Dollar
1.405302
Venezuelan Bolivar
2,989.799729
South African Rand
10.989472
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

Iranian Rial

1 IRR
U.A.E. Dirham
0.000369
Argentine Peso
0.000318
Australian Dollar
0.000122
Bahrain Dinar
0.000038
Brunei Dollar
0.000145
Brazilian Real
0.000190
Botswana Pula
0.000685
Canadian Dollar
0.000109
Swiss Franc
0.000109
Chilean Peso
0.054555
Chinese Yuan
0.000686
Colombian Peso
0.202425
Cyprus Pound
0.000040
Czech Koruna
0.001827
Danish Krone
0.000532
Euro
0.000071
U.K. Pound Sterling
0.000061
Hungarian Forint
0.019149
Indonesian Rupiah
1.002711
Israeli New Sheqel
0.000382
Indian Rupee
0.004867
Iranian Rial
1.000000
Icelandic Krona
0.012977
Japanese Yen
0.009535
Korean Won
0.124410
Kuwaiti Dinar
0.000029
Sri Lanka Rupee
0.011533
Libyan Dinar
0.000125
Maltese Lira
0.000029
Mauritian Rupee
0.003197
Mexican Peso
0.001327
Malaysian Ringgit
0.000355
Norwegian Krone
0.000625
Nepalese Rupee
0.007772
New Zealand Dollar
0.000155
Omani Rial
0.000039
Pakistan Rupee
0.006089
Polish Zloty
0.000298
Qatar Riyal
0.000365
Saudi Arabian Riyal
0.000376
Swedish Krona
0.000747
Singapore Dollar
0.000145
Slovenian Tolar
0.018283
Thai Baht
0.003413
Trinidad and Tobago Dollar
0.000632
U.S. Dollar
0.000100
Venezuelan Bolivar
0.213542
South African Rand
0.000785
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

Saudi Arabian Riyal

1 SAR
U.A.E. Dirham
0.979335
Argentine Peso
0.844788
Australian Dollar
0.325163
Bahrain Dinar
0.100266
Brunei Dollar
0.385733
Brazilian Real
0.505974
Botswana Pula
1.820239
Canadian Dollar
0.288399
Swiss Franc
0.290132
Chilean Peso
144.941193
Chinese Yuan
1.822267
Colombian Peso
537.800288
Cyprus Pound
0.106037
Czech Koruna
4.854130
Danish Krone
1.412799
Euro
0.189757
U.K. Pound Sterling
0.161723
Hungarian Forint
50.874496
Indonesian Rupiah
2,663.994952
Israeli New Sheqel
1.015613
Indian Rupee
12.930685
Iranian Rial
2,656.791295
Icelandic Krona
34.477322
Japanese Yen
25.333320
Korean Won
330.532675
Kuwaiti Dinar
0.076680
Sri Lanka Rupee
30.640128
Libyan Dinar
0.332223
Maltese Lira
0.077773
Mauritian Rupee
8.493559
Mexican Peso
3.525941
Malaysian Ringgit
0.943999
Norwegian Krone
1.660180
Nepalese Rupee
20.648020
New Zealand Dollar
0.410761
Omani Rial
0.102533
Pakistan Rupee
16.176775
Polish Zloty
0.792987
Qatar Riyal
0.970664
Saudi Arabian Riyal
1.000000
Swedish Krona
1.984668
Singapore Dollar
0.385733
Slovenian Tolar
48.574033
Thai Baht
9.066619
Trinidad and Tobago Dollar
1.678151
U.S. Dollar
0.266666
Venezuelan Bolivar
567.335585
South African Rand
2.085330
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction.

Qatar Riyal

1 QAR
U.A.E. Dirham
1.008932
Argentine Peso
0.870319
Australian Dollar
0.334991
Bahrain Dinar
0.103297
Brunei Dollar
0.397390
Brazilian Real
0.521265
Botswana Pula
1.875250
Canadian Dollar
0.297115
Swiss Franc
0.298900
Chilean Peso
149.321627
Chinese Yuan
1.877340
Colombian Peso
554.053767
Cyprus Pound
0.109241
Czech Koruna
5.000832
Danish Krone
1.455497
Euro
0.195492
U.K. Pound Sterling
0.166611
Hungarian Forint
52.412033
Indonesian Rupiah
2,744.506594
Israeli New Sheqel
1.046306
Indian Rupee
13.321478
Iranian Rial
2,737.085227
Icelandic Krona
35.519301
Japanese Yen
26.098947
Korean Won
340.522082
Kuwaiti Dinar
0.078997
Sri Lanka Rupee
31.566139
Libyan Dinar
0.342263
Maltese Lira
0.080124
Mauritian Rupee
8.750252
Mexican Peso
3.632502
Malaysian Ringgit
0.972529
Norwegian Krone
1.710354
Nepalese Rupee
21.272047
New Zealand Dollar
0.423176
Omani Rial
0.105632
Pakistan Rupee
16.665671
Polish Zloty
0.816953
Qatar Riyal
1.000000
Saudi Arabian Riyal
1.030222
Swedish Krona
2.044649
Singapore Dollar
0.397390
Slovenian Tolar
50.042045
Thai Baht
9.340632
Trinidad and Tobago Dollar
1.728869
U.S. Dollar
0.274725
Venezuelan Bolivar
584.481683
South African Rand
2.148353
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

Omani Rial

1 OMR
U.A.E. Dirham
9.551431
Argentine Peso
8.239200
Australian Dollar
3.171313
Bahrain Dinar
0.977897
Brunei Dollar
3.762043
Brazilian Real
4.934750
Botswana Pula
17.752751
Canadian Dollar
2.812750
Swiss Franc
2.829652
Chilean Peso
1,413.608558
Chinese Yuan
17.772537
Colombian Peso
5,245.155461
Cyprus Pound
1.034172
Czech Koruna
47.342235
Danish Krone
13.778998
Euro
1.850697
U.K. Pound Sterling
1.577286
Hungarian Forint
496.177947
Indonesian Rupiah
25,981.889509
Israeli New Sheqel
9.905248
Indian Rupee
126.112712
Iranian Rial
25,911.632384
Icelandic Krona
336.256634
Japanese Yen
247.075359
Korean Won
3,223.678573
Kuwaiti Dinar
0.747858
Sri Lanka Rupee
298.832559
Libyan Dinar
3.240161
Maltese Lira
0.758521
Mauritian Rupee
82.837509
Mexican Peso
34.388431
Malaysian Ringgit
9.206802
Norwegian Krone
16.191702
Nepalese Rupee
201.379723
New Zealand Dollar
4.006148
Omani Rial
1.000000
Pakistan Rupee
157.771759
Polish Zloty
7.733985
Qatar Riyal
9.466871
Saudi Arabian Riyal
9.752980
Swedish Krona
19.356425
Singapore Dollar
3.762043
Slovenian Tolar
473.741577
Thai Baht
88.426556
Trinidad and Tobago Dollar
16.366976
U.S. Dollar
2.600788
Venezuelan Bolivar
5,533.212619
South African Rand
20.338180
using values from Thursday, June 28, 2007

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction.

Kuwaiti Dinar

1 KWD
U.A.E. Dirham
12.771722
Argentine Peso
11.017068
Australian Dollar
4.240529
Bahrain Dinar
1.307598
Brunei Dollar
5.030425
Brazilian Real
6.598514
Botswana Pula
23.738139
Canadian Dollar
3.761076
Swiss Franc
3.783677
Chilean Peso
1,890.210489
Chinese Yuan
23.764596
Colombian Peso
7,013.573748
Cyprus Pound
1.382846
Czech Koruna
63.303797
Danish Krone
18.424625
Euro
2.474664
U.K. Pound Sterling
2.109072
Hungarian Forint
663.465678
Indonesian Rupiah
34,741.753511
Israeli New Sheqel
13.244830
Indian Rupee
168.631953
Iranian Rial
34,647.809008
Icelandic Krona
449.626464
Japanese Yen
330.377482
Korean Won
4,310.550483
Kuwaiti Dinar
1.000000
Sri Lanka Rupee
399.584761
Libyan Dinar
4.332590
Maltese Lira
1.014258
Mauritian Rupee
110.766399
Mexican Peso
45.982583
Malaysian Ringgit
12.310900
Norwegian Krone
21.650778
Nepalese Rupee
269.275439
New Zealand Dollar
5.356832
Omani Rial
1.337153
Pakistan Rupee
210.964932
Polish Zloty
10.341519
Qatar Riyal
12.658652
Saudi Arabian Riyal
13.041223
Swedish Krona
25.882495
Singapore Dollar
5.030425
Slovenian Tolar
633.464825
Thai Baht
118.239807
Trinidad and Tobago Dollar
21.885146
U.S. Dollar
3.477651
Venezuelan Bolivar
7,398.750151
South African Rand
27.195252
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction.

Bahrain Dinar

1 BHD
U.A.E. Dirham
9.767318
Argentine Peso
8.425427
Australian Dollar
3.242993
Bahrain Dinar
1.000000
Brunei Dollar
3.847074
Brazilian Real
5.046288
Botswana Pula
18.154009
Canadian Dollar
2.876325
Swiss Franc
2.893609
Chilean Peso
1,445.559749
Chinese Yuan
18.174242
Colombian Peso
5,363.709471
Cyprus Pound
1.057547
Czech Koruna
48.412292
Danish Krone
14.090439
Euro
1.892527
U.K. Pound Sterling
1.612937
Hungarian Forint
507.392845
Indonesian Rupiah
26,569.147066
Israeli New Sheqel
10.129133
Indian Rupee
128.963184
Iranian Rial
26,497.301950
Icelandic Krona
343.856900
Japanese Yen
252.659898
Korean Won
3,296.542004
Kuwaiti Dinar
0.764761
Sri Lanka Rupee
305.586944
Libyan Dinar
3.313397
Maltese Lira
0.775665
Mauritian Rupee
84.709850
Mexican Peso
35.165698
Malaysian Ringgit
9.414900
Norwegian Krone
16.557676
Nepalese Rupee
205.931423
New Zealand Dollar
4.096698
Omani Rial
1.022603
Pakistan Rupee
161.337807
Polish Zloty
7.908793
Qatar Riyal
9.680847
Saudi Arabian Riyal
9.973422
Swedish Krona
19.793930
Singapore Dollar
3.847074
Slovenian Tolar
484.449355
Thai Baht
90.425224
Trinidad and Tobago Dollar
16.736911
U.S. Dollar
2.659572
Venezuelan Bolivar
5,658.277462
South African Rand
20.797875
using values from Thursday, July 30, 2009

Exchange Rates reflect the balance of supply and demand for currencies. Two key factors affecting supply and demand are interest rates and the overall strength of the economy. Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously. CurrencySource.com will quote you a rate for your currency exchange and discuss details for your foreign currency transaction

U.A.E. Dirham

1 AED
U.A.E. Dirham
1.000000
Argentine Peso
0.862614
Australian Dollar
0.332025
Bahrain Dinar
0.102382
Brunei Dollar
0.393872
Brazilian Real
0.516650
Botswana Pula
1.858648
Canadian Dollar
0.294485
Swiss Franc
0.296254
Chilean Peso
147.999663
Chinese Yuan
1.860720
Colombian Peso
549.148656
Cyprus Pound
0.108274
Czech Koruna
4.956559
Danish Krone
1.442611
Euro
0.193761
U.K. Pound Sterling
0.165136
Hungarian Forint
51.948022
Indonesian Rupiah
2,720.209119
Israeli New Sheqel
1.037043
Indian Rupee
13.203541
Iranian Rial
2,712.853454
Icelandic Krona
35.204844
Japanese Yen
25.867889
Korean Won
337.507395
Kuwaiti Dinar
0.078298
Sri Lanka Rupee
31.286680
Libyan Dinar
0.339233
Maltese Lira
0.079414
Mauritian Rupee
8.672785
Mexican Peso
3.600343
Malaysian Ringgit
0.963919
Norwegian Krone
1.695212
Nepalese Rupee
21.083723
New Zealand Dollar
0.419429
Omani Rial
0.104696
Pakistan Rupee
16.518128
Polish Zloty
0.809720
Qatar Riyal
0.991147
Saudi Arabian Riyal
1.021101
Swedish Krona
2.026547
Singapore Dollar
0.393872
Slovenian Tolar
49.599016
Thai Baht
9.257938
Trinidad and Tobago Dollar
1.713563
U.S. Dollar
0.272293
Venezuelan Bolivar
579.307191
South African Rand
2.129333
using values from Thursday, July 30, 2009

What Is Alpha Inventions ?
Write a nice post on your blog about alphainventions.com or how it works and your blog will be added to the reading cycle automatically. Your blog will remain there until someone else writes a post about us.This is the best way to get more readers from alphainventions.com I know the person that is currently in the cycle is very happy as it will bring them thousands of new readers a day if the blog is in the reading cycle that long.Go to alphainventions.com to see what I mean

I've got a new trading video for you to watch this weekend. It's been created by Adam Hewison (from Marketclub) and in this video Adam discusses where he thinks the EUR/USD is headed in the coming weeks and months.
As it turns out he is actually bullish on this pair and for what it's worth I'm in agreement with him on this one. My own view is that the upside still prevails because not only is the weekly Supertrend still indicating a bullish trend, but on the daily chart the Supertrend indicator is positive (and rising) and the EMA (200) is still trending upwards.

By: James Woolley
People who have just discovered forex trading for the first time often believe that there are lots of profitable trading strategies out there, after all there are lots of them being sold online and they all look fantastic. However the reality is often somewhat different.The fact is that despite all the thousands of forex trading products being sold online, only a tiny percentage of these methods will actually be profitable in the long run. Sure you will get lots of strategies that will maybe generate some profits to start off with, but over several months and years they rarely remain profitable.This is indeed borne out by the much-quoted statistic that around 95% of people who trade currencies end up losing money. So why do so many of these trading strategies ultimately fail?Well there are many reasons. The first reason is simply because a trading method may not have been very solid in the first place. You will often find that people try out a particular method over a few months, for example, make decent profits, and suddenly believe they have found the holy grail of trading. They will then either share their system on one of the trading forums or sell the product to other traders. However very often these short-term profits turn out to be an exception and the method actually ends up losing money in the long run.Similarly another problem is that market conditions change. Sometimes you can test out a system and see some excellent results, but then markets change and the pair you are trading either becomes more volatile or significantly less volatile, and you are no longer able to generate decent returns. This is a common problem and you can either give up on the system or adapt it so in can cope with, and profit from the new market conditions. The point is that you have to be realistic about what you can expect from a forex trading system. Most will unfortunately ultimately fail but that's not to say they don't have any value because they do. I rarely ask for a refund for any forex products that I buy, even if they don't make me any money, because I will nearly always learn a few useful tips and strategies in terms of how the strategy was created and the reasoning behind the trading method.The trick is to apply this information and use it to form your own profitable system. Indeed this is how many of my most profitable trading methods were originally formed. If you can do this then you won't be disappointed when a forex system you come across doesn't turn out to be as profitable as expected. There are a few excellent products out there but you have to remember that most of them will probably end up losing money, and a lot of them will be nowhere near as profitable as they claim to be on their sales pages so don't set your sights too high

By: Dave Lex
Day trading is the most active form of trading having maximum trading risk. It requires real-time news, quotes and charts. Day traders practice many complex strategies for getting profited from the market. Here are some simple tactics which can minimize trading loss of day traders, especially beginners. Try to incorporate them in your daily trading plan and i believe you will see an improvement in your trading.* Concentrating on certain group of stocks or an industry. Specializing gives traders a chance to study deep and find more profitable opportunities. Know the characteristics of certain sectors or group of stocks and how it is affected by the market index. For example, if you are trading Google, then you would want to be noticing the Nasdaq index. Therefore if you have any long positions on and you see the Nasdaq index starting to tank, chances are that Google will likely follow the index in going down and you can refrain from opening a long position or close your current long positions.* Using traders systems with hot/short lists. Then traders can find opportunities quickly and easily for stocks (or other instruments) they are trading. For example if you are doing gap trading, then you would track on your list the biggest gappers for the day and see their movement on a list so you can shuffle through them quickly and keep an eye on the rest.* Modify and update your hot list and stock groups frequently. For example, if you feel that stock XYZ is doing nothing or is going sideways, remove it from your list and concentrate on existing list or do a search to see any "hot" moving stocks are available for potential trades.* Avoiding trades when unsure about the market. It is better to keep capital for future opportunities than wasting it on uncertain positions. A very important skill in trading is to learn to sit on your hands when you do not identify any high probability setups. If you try to force a trade, chances are you will end up losing in the long run. Also it is important to identify a choppy market as more often that not, you will get killed in the whipsaws.* Concentrating on one opportunity at a time. This considerably minimizes trading risk and help in maximizing opportunities by increasing position sizes. Instead of having 10-20 positions at a time, try to cut down to 5 or so positions so you can monitor them more carefully.* Limit the number/frequency of trades. It is better to concentrate on one or two trades a day. This depends on your trading setup. If you trade off a 1 minute chart, the number of trades you will take in a day will definitely be more than trading on a 1 hour chart. So trade on different time frames to see which you feel comfortable trading in.* Keep the risk minimum. It is ideal to keep the risk possibility less than 1% of your account size. This is probably one of the most important part of trading. If you risk a fixed 10% per trade, you will bust your account if you have 10 losing trades in a row, and this is very possible.* Be careful with trading on margin. High margin trades are better when you are sure about price direction.* Write down your trades. Note how you profited from a trade and why you made loss from another. And frequently go through them. As William Eckhardt said this in an interview, "If a trader doesn't know why he's losing then it's hopeless unless he can find out what he's doing wrong. In the case of the trader who knows what he's doing wrong, my advice is deceptively simple. He should stop doing what he is doing wrong. If he can't change his behavior, this type of person should consider becoming a dogmatic system trader."Daytrading can be lucrative if you do it properly. Implement these high probability daytrading strategies and tactics and you will surely find yourself improving in your trading

By: Bernice Eker
With so many forex softwares in the market it is easy to go wrong when deciding which ones to buy. There are softwares that are advertised with great features but fails in the execution. This is common in many products being offered in the internet. It is easy for website writers to write interesting and appealing advertisements but the products they are representing are not as good as their writing. Good thing there are Forex Software Reviews. They help people understand what the products being offered are all about and find glitches and broken promises in their advertisements. Many websites goes by the name Forex Software Reviews. While some of them are really helpful, some may be misleading. Misleading reviews are mostly those that are done by the same company the produces the products. They are unfair and unjust in a way because they are made for people to believe that certain products are better than the other when the fact is far from it. Bad news is that many people are caught unaware by their dirty tricks. It is always too late before people realize they committed mistake when they were swayed by the beautiful literature that goes with the product. How can these be avoided? False advertisements have certain characteristics that distinguish them from the legitimate ones. Her are some tips to avoid being victimized by false reviews.1. Be careful of reviews about products that are made by the same companies that produce them. There are manufacturer reviews that are legitimate. They publish truthful reviews about their products. There are cases, however when the reviews are meant to mislead people. So it is good to watch out for company reviews especially when the manufacturer is suspicious.2. Avoid reviews about products that have almost impossible claims. There are attainable claims and there are those that are only put to wow people and catch their interest. Products that have claims that go beyond what is normally offered by similar products are suspicious and may not be true at all.3. Check out reviews from refutable websites. There are websites that are known for their reviews. Products that being reviewed there are almost always good quality. The reviews they publish are based on set of guidelines and principles. They may even have actual tests on the products which makes their reviews even more acceptable.4. Compare different reviews from different websites. Products that are consistently reviewed have a high chance of being good. Combine this tip with the first three for extra added safeguarding.5. Check out user's reviews. People who have used the products are sometimes the best persons to tell you whether the product is good or bad. Just make sure that the review is consistent with other user's comment.Forex Software Reviews are meant to guide people on which products to buy. With so many forex softwares available in the market, advertisers are looking for ways to sell their products at any cost. They go as far as telling unfounded claims and superfluous information. But you'll know them by their actual performance

By: Bernice Eker
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You probably heard already about Forex trading and how you can make big windfalls from the international currency market. You may be wondering also how Forex works and how you can start your own lucrative venture in trading currencies. The most important thing you have to remember is that trading in Forex is radically different from stocks or bonds trading. At the Forex market, you will be trading currency pairs. These are the currencies of some of the biggest economies in the world such US dollar, the British pound, Euro, Japanese yen, and the Swiss franc. There are still other major and minor currencies being traded at the Forex market and it is up to you what pairs to buy and sell. Approach the Market with a Practical MindYou should be careful in believing the hype surrounding the Forex market. It is true that you can win big in trading currencies but it is also equally true that the market could wipe out all your investments in just one or two trades. The keywords when you trade at the Forex market are moderation and careful planning. You should avoid taking too much risk in the hopes of getting big profits. You must also carefully plan your trading activities by implementing strategies, systems, and money management. If you incorporate these elements in your Forex trading activities, then your odds in getting bigger and lucrative profits from your transactions would be more favorable. You can also avoid financial ruin if you will avoid taking too much risk. Avoiding Scams and Unfavorable DealsAs a beginner at the Forex market, you will probably get offers from brokers or other merchants selling Forex systems that promise great opportunities to build your wealth. Be careful when choosing your systems because there are also scammers in this industry as well as fraudulent brokers. What you can do is to seek advice from those who have solid experience as a Forex trader. You will be able to get real life tips from these traders and some pointers on how to manage your investments in the market. You should also make sure that your broker is reputable and has a good track record. This way, you will be able to protect your interest and you can avoid Forex trading firms that are interested only to get your money. Educate Yourself before Fully Participating in the MarketCurrency trading is not simple. In theory, all you have to do is to buy and sell currency and take whatever profit you can have. However, the market is very complicated in real life. There are lots of concepts and trading techniques you have to learn. It is important therefore to take Forex lessons and learn everything about the market. You can self study and read lots of books and manuals on Forex. Your broker should also be able to give you tutorials and basic education in Forex. Always remember though that Forex trading is a learning process. That is why you have to learn and re-learn everything about Forex strategies, techniques, and systems

When it comes to forex it can be quite confusing sometimes. And in the case of making money its supposed to be one of the most profitable options available to you. So what can you do to get involved with this but still not be incredibly knowledgeable about it? Well one thing I would suggest is getting your hands on forex robot software. These pieces of software can help you make money from forex even if you have very little knowledge about it! As I indicated above, a lot of money can be made in forex trading. But, if you are a "newbie" with absolutely no foreign exchange market knowledge, I suggest you at least learn the basics of the foreign exchange market in order to understand how the forex marketplace works and what it is you are doing when trading FX. It is common sense to understand what it is you are doing and how the forex market works before risking any of your money. If nothing else, you can do it by trial and error if you are better at learning about something that way. But I would still suggest only "gambling" with a small amount of money until you really understand how this works. Remember give a man a fish and you have fed him for today. Teach a man HOW to fish and he can feed himself for the rest of his life! Its a fact that $3 Trillion dollars is traded on the Forex market every single day. There are people who have taken $100 and have built it up into a working capital of over $1,000,000 within a year...all while sitting at home, not working for a major institution. These people are also much more successful than a lot of the people who already work from home or online doing other things like Internet Marketing. Now that's saying something considering the amount of successful Internet Marketers available out there! There are all kinds of different pieces of currency trading software that you can use. One thing I really suggest is to find a few review sites available out there and see how they rate different programs. Another thing you can do is check out forums available online as well. You would be really surprised at how popular currency trading software really is. I think just about everyone has their hands in this niche one way or another. So, do I think forex robots can really double your money every month? Yes! And if you want to make "easy" and quick money right from your home, without having to ever answer to a boss again - forex is THE way to go! Check it out today. You will never know, unless you try. And honestly, I would rather try and know rather than not try and never know

If you surf the internet, you will come across plenty of sales page selling various forex products, with lots of hype. I know there are many trading systems out there in the market and every product seems to claim that they can make big money in a short period of time, without too much capital, it is very easy to use and anyone can do it without any knowledge in trading. But after people bought the products, then they realize it's all marketing gimmicks and then the search for better forex trading systems begins again. So to help you guys, I have some forex tips that can help you avoid scams in your search for the best forex system.1. Look Out For The Track RecordsAlthough this seems common sense, but there will still be currency traders buying a forex trading system without looking for the track records first. If that is so, then there is no wonder why they lose. Please don't be attracted by the claims like: 'near 100% success rate', 'earn your first million in 2 years trading currency', 'forex training that can give you financial freedom ever' and many more. Look for the real time proof of the trading system because vendors will try to cheat by using a track record on a hindsight (they already know the closing prices), so look for a trading statement that they are trading daily.2. Look Out For The Largest DrawdownsAny forex strategy will have a drawdown and it's a matter of whether it is small or huge. This means that your trading account will experience a drop in value or margin which is in floating losses but yet the trade is still opened. Although the losses are not realized, but we should be looking for a forex trading system that gives you as little drawdowns as possible, a guide will be around 5% - 8%. Depending on the system's trading strategy, the drawdowns may be days, weeks or even months, so you will have to make sure that you are comfortable with those down swings.3. Are You Comfortable With The Trading Timeframe? This is a very important factor to look out for in a trading system. If you are working all day with very little time to trade the currency market and you purchased a trading system which requires you to monitor several times a day, then you are simply wasting you money. What's the point of having a good system but yet you have no time to trade and make profits? So if that's the case, you might want to look for some systems that will allow you to trade but only have to monitor maybe once per day...and this type are mostly swing trading strategies. So be anxious to find out timeframe is the forex trading system operating on first

By: Daniel Su
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Do you have a good money management rule in your forex trading? Many traders think that money management in forex trading is just by putting a stop loss and a target profit, that's all. This is far from true because that is only part of a forex trading system. Let's look at some forex tips on how you can triple your forex trading profits.1. Always prepare for the worst, think how to protect your trade first!Almost all the traders will think how much money or profits they are going to make when they trade. This is a wrong mindset. If you are a beginner in forex trading, then you should assume the worst first and not thinking about profits in the first place. You should be very eager to protect your trade from losses by shifting it to break even after your trade has around more than 40 pips in profits. The trade is also considered won even it has broke even.2. Don't take high leverage for granted.Many forex brokers offer a high leverage of 100:1 to 400:1. True it is very tempting, but you should not use very high leverage for a beginning and for a small forex account, it is not advisable to use more than 50:1 or 100:1, so as to prevent your account from going bust. Traders thought they can win big using high leverage, but what if they loose? Their trading capital goes into the drain too.3. Not risking more than 1% to 5% of your trading account.This is a very important money management rule. How much do you risk for every trade? Forex trading is all about high probability and calculated risk. If you think you can't take risk at all, then you shouldn't be learning to trade forex at all. For a small $1000 account, it may seems by risking 1%, the gains are very small too, but that's the right way to build your capital. For me, I'm a conservative trader and I risk only 2% of my trading account per trade.4. The Other Neglected FactorMany traders only focus on the technicals and money management. But they forget another important factor for success and that's emotion. When you've a good system and money management, you've to use them without emotions. After you entered a trade, do not keep checking on it now and then. Just have confidence with your forex trading system and leave it to the market to hit stop loss or profit target

By: Daniel Su
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Many people lost money in forex trading not because they do not have a good forex trading system, a forex strategy or a set of rules they do not follow, but it's the psychology barrier that they have to get over it. They cannot beat their emotions and that caused them to make wrong decisions and lose their trading capital in a flash. Currency trading psychology is the most important factor for trading success or failure, but it's sad to say that many traders do not have that factor as priority and instead keep looking for better forex trading strategies.1. Do what you are supposed to do. When the trend is weakening, you should take steps to protect your profits regardless of the forex systems that you are using. Remember that in currency trading, you should be thinking how to minimize losses first and not thinking how to win. Even a breakeven trade is considered a successful trade because it's not a loss. Likewise when the trend goes in your direction, you will want to set a higher level profit target and on the same time protect your floating profits.2. You do not like, hate or fall in love with your trades. The currencies pairs are not your friends in the forex market and your only friend is currency trading psychology. Trading with a plan is the #1 forex tips because when a trader is already in a trade position, he/she tends to see the market differently from the first time of analysis. He hopes that the trade will move in favor of him and neglect the factors which may change the market conditions.3. Increase your position size accordingly. Increase your position size when you have an increase of maybe 10% of your account, this is to build up your trading capital. Likewise, you should reduce the lot size that you are trading when your account have reduced by 10%.4. Expect the unexpected. In forex trading, always be prepared for both good and bad things. Understand those events and be prepared, so that you can take necessary actions when it happens to you. A good currency trading psychology is where you can take into consideration things that are unpredictable in the forex market. For example, if the trade is going in your direction, you must have a mental preparation that it can go against you anytime, so that you will not be surprised if that really happens.5. Remain emotionally detached. A good forex strategy is that you don't check how is your trade going on every now and then. If you keep watching it, you are going to make wrong decisions I can guarantee you! This is because greed and panic may happen and therefore you adjust the trade. Just leave it to the market to hit stop loss or profit target once you have traded

By: Daniel Su
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I personally think that to be profitable in the forex market is not difficult, but you really must have the discipline to trade forex the right way. have you ever thought of how professional traders become so successful in forex trading? It's not just because they have a good forex trading system or a unbeatable forex strategy. Let me tell you a secret forex tip: Professional traders are the ones who lose the least and not the ones making the most! They do this by getting the right answers to these million dollar questions.1. What is the current condition of the forex market? Before you take in any forex trading signals, you have to be sure what conditions is the market showing, trendy or choppy. You can use indexes such as the Asia/Pacific, Europe and Dow Jones Industrial Average as tools to evaluate the market. Most of the time, the movements of the market are based on what the current economy is performing, and that will be the basis for traders to make a decision.2. Are you mentally alert or stressful? In forex trading, it is very important that you maintain a calm and fresh mind before you even start to look at the charts. Do not trade when you are tired or stressed as there is a high tendency that you will make some mistakes and put your forex investments at risk. Without the right mind, you won't be able to concentrate well even if you are using one of the best forex trading systems .3. Do you have a stop loss or target to exit a trade? One of the biggest mistakes that forex traders made is trading without a stop loss. I have stressed many times that every position must have a stop loss but till now, there are many of my members still trading without setting a stop. Are you one of them? Without a stop loss, do you know that you can wipe out your trading account very easily? The problem with those people who do not set a stop is because they do not want to loose, and I mentioned that forex trading definitely will have losses. And that's how professional traders live their lives. It is how you manage your losses and not how you try to avoid losses. Never have a huge stop loss unless you are doing swing trading. Even so, 50 to 80 pips will be a good guide.4. Do you know when to enter a trade? After knowing when to cut your losses, it is important that you enter a trade with good timing especially if you are doing intraday trading. If you do not have a good forex strategy, you can look for some online trading software which provides accurate forex signals that you can follow. For me, I use oscillators like Stochastic and RSI intensively because they are the main forex indicators for my trading system. Timing is important if you have a tight stop loss, as you would want to catch the trade early but at the period where there is a higher winning probability. I know this is not very easy for a beginner, but practice makes perfect

By: Daniel Su
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Trading the Foreign exchange or forex market can be a wildly profitable experience. Deciding on taking forex courses to gain possible riches is the first step on what could be an enriching journey. Courses in foreign exchange trading come in a variety of delivery systems. And you can sign up through local community colleges, where large groups of people are taught all at once, or study from home. Learning to trade money on the foreign exchange markets can be an easy way to make money at home because all you need is a computer and internet access.The forex is where currency trading occurs. It's kind of a clearinghouse where banks and official government institutions engage in the buying and selling of foreign currencies. The way it usually works is that one party or entity will purchase an amount of a particular currency (yen, pesos, etc.) in exchange for paying in a quantity of another currency (euros, yuan, etc.). The forex market is one of the biggest and most liquid financial markets in the world. Vast amounts of currencies are traded on an hourly basis. The profit for the forex trader comes on the margins, which can be sizeable when aggregated together.There's also much action to be had in a forex for the trading novice and professional alike. The really good traders can easily make over $100,000 a year. Someone who's just starting out, though, should be extremely cautious before diving so deeply into the swirling waters at the exchange. It's always recommended that any aspiring trader become as educated as possible before beginning this kind of trading activity.Setting up a forex trading account is done through a broker licensed and certified to engage in foreign exchange currency trading. The internet is full of websites for such brokers, many of whom offer forex training courses and online tests to see if you have what it takes to succeed in this kind of activity. It's also true that there can be an extremely large amount of information to digest, so look for brokers who give you training in portion sizes that can be easily digested before moving on.Home study in forex trading is normally an integral part of your transformation into a forex trader. There are several in-depth forex training courses available on compact discs which allow you to study at your own pace. For the most part, in this line of work, you decide how much time to devote to daily trading activities. Of course, the more time you can wisely invest, the better your chances of success.Forex trading isn't for the faint-of-heart. The forex courses necessary to become skilled at it aren't a walk in the park, either. But if you have the will and a desire to think and grow rich, you too may be able to use these courses to gain possible riches

By: Daniel Su
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There's a lot of money being made on foreign currency exchange (forex) markets these days. Using forex education to gain wealth can be a good opportunity for somebody looking for a bit of excitement. It also presents a chance for good income potential. The first thing a person who wants to try his or her hand at this kind of trading should do is seek out organized forex training courses. Many forex brokers offer it to large groups. It can also be gotten through adult education programs or even online. Foreign currencies are traded in foreign exchange currency markets, called forex. Any bank or large entity seeking to exchange an amount of currency they may be holding can go through these markets to find the particular currency they're interested in gaining. They get that currency by trading an agreed-upon amount of the currency they're already holding. It's rarely a one-to-one swap. There's usually a per-transaction profit to be made, and this is where brokers and traders come in. As in any market, there's an element of risk and it can take a bit of nerve to help make these transactions, but the money can be quite good.Forex traders of all persuasion find the business personally and professionally exhilarating if things go as planned and expected. For a good trader, annual income can be well above average. Take advantage of all the educational opportunities involved in learning how to work forex markets before diving into them, though.Many times, forex brokers offer group courses, for a fee - and sometimes for free - to those interested in learning how to trade forex. If this is the way you'd like to gain your forex education, make a careful search of the Internet and check around for the most reputable and conscientious brokers. There can be a great deal of information to assimilate, so if you expect to do well, you should also expect to have to study a bit.There are also study-at-home courses you can order or download from the internet. In many cases, the best education can be gained from studying in the comfort of your home, away from the distraction and hard-sell you might see in a large group training session conducted by a broker. The best courses always offer some form of one-to-one tutoring or online reference help. If you don't have the stomach for a little drama and high-wire dancing, it's not recommended that you engage in forex trading, at least initially. Make sure your comfort level and acceptance of a bit of risk is well-established before you begin. Good forex education can help you prepare yourself to be a trader in these sorts of markets, so make sure you invest your time wisely. If can pull that off, you'll be well on your way to possible wealth

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There's a lot of money being made on foreign currency exchange (forex) markets these days. Using forex education to gain wealth can be a good opportunity for somebody looking for a bit of excitement. It also presents a chance for good income potential. The first thing a person who wants to try his or her hand at this kind of trading should do is seek out organized forex training courses. Many forex brokers offer it to large groups. It can also be gotten through adult education programs or even online. Foreign currencies are traded in foreign exchange currency markets, called forex. Any bank or large entity seeking to exchange an amount of currency they may be holding can go through these markets to find the particular currency they're interested in gaining. They get that currency by trading an agreed-upon amount of the currency they're already holding. It's rarely a one-to-one swap. There's usually a per-transaction profit to be made, and this is where brokers and traders come in. As in any market, there's an element of risk and it can take a bit of nerve to help make these transactions, but the money can be quite good.Forex traders of all persuasion find the business personally and professionally exhilarating if things go as planned and expected. For a good trader, annual income can be well above average. Take advantage of all the educational opportunities involved in learning how to work forex markets before diving into them, though.Many times, forex brokers offer group courses, for a fee - and sometimes for free - to those interested in learning how to trade forex. If this is the way you'd like to gain your forex education, make a careful search of the Internet and check around for the most reputable and conscientious brokers. There can be a great deal of information to assimilate, so if you expect to do well, you should also expect to have to study a bit.There are also study-at-home courses you can order or download from the internet. In many cases, the best education can be gained from studying in the comfort of your home, away from the distraction and hard-sell you might see in a large group training session conducted by a broker. The best courses always offer some form of one-to-one tutoring or online reference help. If you don't have the stomach for a little drama and high-wire dancing, it's not recommended that you engage in forex trading, at least initially. Make sure your comfort level and acceptance of a bit of risk is well-established before you begin. Good forex education can help you prepare yourself to be a trader in these sorts of markets, so make sure you invest your time wisely. If can pull that off, you'll be well on your way to possible wealth

By: Ranju Kumar
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Definition-In a foreign exchange market different currencies are traded on an electronic platform which has no fixed location, but allows you to buy and sell these currencies on a 24 hour basis, from Monday to Friday throughout the year. This is what is generally referred to as forex trading. The Internet has made forex trading very simple and people from all over the world can trade in currencies. This has made forex trading very widespread and popular.Who is a forex trader?The amount of currencies that are exchanged every day is about two billion dollars, and almost everyone with an inclination to trade has got into it. The individual private traders trading in the forex trading market are linked up to forex brokers who in turn are linked up to MNC's and big banks from all over the world. If you want to become a forex trader and indulge in forex trading you would have to look for an authorized forex broker. These brokers are generally authorized by statutory bodies in their country of origin and are subject to the laws in that particular country.Traditional money exchangeThere has always been a traditional method of buying and selling currencies. These are still now available in some exotic Eastern and Middle Eastern markets where the money changer is the part of the activity in that market. Forex trading is just a new spin to this traditional activity and not limited to the small markets. Money changers mainly exchanged currencies which allowed local customers to exchange the currencies they had for the local currency in use in that particular market to enable them to make purchases. Forex trading has taken this to a much higher level and it allows banks and other institutions to exchange currencies depending on the requirement of each of these from various big companies and even governments. Taking advantage of this forex marketEight Major currencies are traded in conventional forex trading. The market does constantly fluctuate on a daily basis and the trained forex trader will take advantage of the fluctuations to profit from it. The principle is the same as stock markets; buy low and sell high. So, like the stock market, you also need to have a complete knowledge of the market before you venture into it. There are software programs available which will allow you to do demo trades until you are completely familiar with the way the markets behave. There are also pre-programmed trading software programs like Robot which will automatically make the trades for you. All of these can be of possible benefit you and some traders claim to make an almost daily profit, throughout the year. What is the profit potential?Some exceptional traders, who have been in the market for a very long time, claim to make profits of anywhere between 40 percent and 300 percent on a month to month basis! You should NOT expect to make anything like this as a novice forex trader, and in fact it is all too easy to LOSE money. The key to success is to judge the market correctly, work hard with dedication, and persevere. In time, you too can claim your share of the profits from forex trading. There are certainly risks involved, and your profit goal when starting out should be "Don't Lose Money".

By: Daniel Su
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When you look at the most successful forex traders, most depend upon an effective forex trading system that has proven time and time again to be profitable for them. Every forex trader will need a good forex trading system to help them make consistent profits from the forex market. But how do you select the best forex system that suits you, especially the internet is full of scams and false claims? Well, here are some forex tips that can help you on your hunt for good forex systems:1. Look Out For Logic Of The Forex Trading SystemThere will always be a description of what the trading system will be like, how does it trade and the functions of it. I know this may need some experience before you can even comment on the logic that the trading system has. Let me give you an example, if the vendor claimed that the forex strategy can make you 300% ROI within one month, then you really have to verify whether the trading system uses a scalping strategy, swing method or what. If the trading system is based on a set of forex indicators, at least know what kind of indicators are they using. I said all those above is because you will need confidence to follow a system with discipline, and if you can't, you have no system at all.2. Search For Forex ReviewsBefore you decide to purchase any forex trading system, you MUST look for reviews in either forex forums, blogs or other websites that allow people to comment on the products that they bought. This is important because you will want to know how other people feel about the trading system and whether is it working or just another scam. Besides that, if you can't find the answers that you are looking for, you can post comments or questions on those sites to clarify your doubts on the trading system that you are interested in. You should be in total understanding of the product and have confidence in it before you actually put it in your shopping cart.3. Know The Vendors WellBe more enthusiastic and find out more about the vendor. Find out who has developed that forex trading system and his track record. If he has not made any real money from the system that he created, then why should you trust him and risk your money? This is the time to ask them more questions which you still have it in mind. You should see how keen and responsive are they to your questions and what kind of support do they provide. If you ask some questions that normal vendors will answer, but they don't, then something must be hiding from them. Last but not the least, you must make sure that the forex trading system that you are buying should include a money back guarantee. Most of the products out there in the forex market have a 56 days guarantee, this is to protect you so that if you are not satisfied with the product, you can get all your money back minus the exchange rate.So the point of the forex training that I have given to you is to help you choose the best and the most comfortable trading system for yourself. Once you have chosen it and if it is a good system, you should stick with it in times of bad periods because no system is holy grail and it's the long term results that count. Good luck and find a trading system that suits you well. If you came across one, you can let me know and I'll see if I can give you some feedbacks on it