Currency Exchange

Not all who wonder are lost… asked:


I would really appreciate a short discussion on this topic. Thank you all!

schadenfreude asked:


There’s much talk of the “strong Euro” against the “weak dollar”, etc., and what it all means. I’ve never been able to grasp the currency exchange concept very well. Does anyone know of a good website that explains it explicitly and thoroughly?

Craig asked:


For example, if the Canadian government were to decide not to provide national health care to its citizens, mandating that employers pay part or all of the premiums instead, what would happen to the value of the Canadian dollar, and, therefore, the competitiveness of Canadian exports to the US? My econ professor brought this up last week and I’ve been noodling over it ever since. Would this weaken or strengthen the Canadian dollar and why? Thanks much!

Craig asked:


For example, if the Canadian government were to decide not to provide national health care to its citizens, mandating that employers pay part or all of the premiums instead, what would happen to the value of the Canadian dollar, and, therefore, the competitiveness of Canadian exports to the US? My econ professor brought this up last week and I’ve been noodling over it ever since. Would this weaken or strengthen the Canadian dollar and why? Thanks much!

Allrighty asked:


Where do the currency exchange numbers come from? It’s not some guy setting it to certain price every day? It fluctuates in a matter of seconds? So what exactly calculates the number every second? Is it some kind of 1 supercomputer? Or how does it work?

Allrighty asked:


Where do the currency exchange numbers come from? It’s not some guy setting it to certain price every day? It fluctuates in a matter of seconds? So what exactly calculates the number every second? Is it some kind of 1 supercomputer? Or how does it work?

PeguinBackPacker asked:


What country as of now that a single of thheir currency translates into many US dollars?
date, forgive me. I was wondering which country has the strongest currency versus the US dollar?
Trinity I have been there and was wondering about something more accurate and up to date

Daniel asked:


Hi Guys, I live in the UK.

I am going to america in the summer and I am wondering if it would be worthwhile me buying some dollars now while the exchange rates are still favourable to the pound. Or do you think it would be just as well to wait untill the summer as the ecconomy might be looking brighter for the brits by then?

Cheers
Dan

me asked:


Where can I find historical foreign currency exchange rates in GRAPH form (i.e. as curves, not tables), not limited to just a few months, but for at least 8-10 years (preferrably all time)?
SDD, thanks, but it has only tables, no graphs?
Thanks, Jurij-EU!

synchronised asked:


What determines the exchange rate among varies countries?