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20 years experience in the capital markets and dealing room.
Understanding market volatility and currency risk as well as first-hand knowledge of the key players in the foreign exchange markets has enabled Compare-Currency to establish top tier relationships with proven FX brokers.
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Your Guide to Foreign Currency for exchange through Compare-Currency.com
Compare Currency get you the best exchange rates on Thai Baht
The baht is the currency of Thailand. It is subdivided into 100 satang (สตางค์). The issuance of currency is the responsibility of
the Bank of Thailand.
Compare Currency get you the best exchange rate on Morrocan Dirham
The dirham (Arabic: درهم, plural: درهمان , دراهم or درهما) is the currency of Morocco. The plural form is pronounced darahim, yet in
French and English dirhams is commonly used. Its ISO 4217 code is "MAD". It is subdivided into 100 Centimes (singular:
Centime, Arabic singular: سنتيم, plural: سنتيما or سنتيمات). The dirham is issued by the Bank Al-Maghrib, the central bank of Morocco.
It is also the de facto currency in Western Sahara.
Compare Currency get you the best exchange rates on UAE Dirhams
The dirham (Arabic: درهم) is the currency of the United Arab Emirates. The ISO 4217 code (currency abbreviation) for the
United Arab Emirates dirham is AED. Unofficial abbreviations include DH or Dhs. The dirham is subdivided into 100 fils (فلس).
Compare Currency get you the best exchange rate on Australian Dollars
The Australian dollar (currency code AUD) has been, since February 14, 1966, the currency of the Commonwealth of Australia, including Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of
Kiribati, Nauru and Tuvalu. The Australian dollar's ISO 4217 code is AUD but it is often abbreviated with the dollar sign $. A$ or AU$ is used often used informally to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.
The Australian dollar is currently the fifth-most-traded currency in world foreign exchange markets (behind the U.S. dollar, the euro, the yen, and the pound sterling), accounting for approximately 4–5% of worldwide foreign exchange transactions.
Compare Currency get you the best exchange rates on Canadian Dollars
The dollar (currency code CAD) has been the currency of Canada since 1858. It is normally abbreviated with the dollar sign $,
or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents. The Canadian dollar is the
monetary basis for the Canadian economy, with all coins minted by the Royal Canadian Mint and all banknotes printed by the Canadian Bank Note Company and BA International Inc on behalf of the Bank of Canada.
Compare Currency get you the best exchange rate on New Zealand Dollars
The dollar (currency code NZD) is the currency of New Zealand. It also circulates in the Cook Islands (see also Cook Islands dollar), Niue, Tokelau, and the Pitcairn Islands. It is normally abbreviated with the dollar sign $, or alternatively NZ$ to
distinguish it from other dollar-denominated currencies. It is often informally known as the "Kiwi (dollar)" and is divided into 100 cents.
Compare Currency get you the best exchange rates on Hong Kong Dollars
The Hong Kong dollar (ISO 4217 code: HKD) is the currency of the Hong Kong Special Administrative Region of the People's Republic of China. In English, it is normally abbreviated with the dollar sign $, or alternatively HK$ to distinguish it from other dollar-denominated currencies. The dollar is subdivided into 100 cents or 1000 mils.
Compare Currency get you the best exchange rate on US Dollars
The dollar (currency code USD and 840) is the unit of currency of the United States. It is normally abbreviated as the dollar sign, $, or as USD or US$ to distinguish it from other dollar-denominated currencies and from others that use the $ symbol. The U.S. dollar is divided into 100 cents.
Adopted by the Congress of the Confederation of the United States on July 6, 1785, the U.S. dollar is the currency most used
in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used
in a de facto capacity. In 1995, over US $380 billion were in circulation, two-thirds of which was outside the United States. By 2005, that figure had doubled to nearly $760 billion, with an estimated half to two-thirds being held overseas, representing an annual growth rate of about 7.6%. However, as of December 2006, the dollar was surpassed by the euro in terms of combined value of cash in circulation. The value of euro notes in circulation had risen to more than €610 billion, equivalent to US$802
billion at the exchange rates at the time.
Compare Currency get you the best exchange rates on Euros
The euro (currency sign: €; banking code: EUR) is the official currency of the Euro zone (also known as the Euro Area or the
Euro Land), which consists of the European states of Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Slovenia, and Spain, and will extend to include Cyprus and Malta from 1 January 2008.
It is the single currency for more than 317 million Europeans. Including areas using currencies pegged to the euro, the euro directly affects more than 480 million people worldwide. With more than €610 billion in circulation as of December 2006 (equivalent to US$802 billion at the exchange rates at the time), the euro surpasses the U.S. dollar in terms of combined value
of cash in circulation.
Compare Currency get you the best exchange rate on Hungarian Forint
The forint (currency code HUF) is the official currency of Hungary. It is divided into 100 fillér, although fillér coins have not been
in circulation since 1999.
Compare Currency get you the best exchange rates on Swiss Franc
The franc (ISO 4217: CHF or 756) is the currency and legal tender of Switzerland and Liechtenstein. The Italian exclave
Campione d'Italia and the German exclave Büsingen also use the Swiss franc. Franc banknotes are issued by the central bank
of Switzerland, the Swiss National Bank, while coins are issued by the federal mint, Swissmint.
Compare Currency get you the best exchange rate on Czech Koruna
The Czech koruna (koruna means "crown") has been the currency of the Czech Republic since February 8, 1993 when it and its Slovak counterpart both replaced the Czechoslovak koruna at par. Now 1 CZK is worth around 1.19 – 1.25 SKK.
The official name in Czech is koruna česká (the plural form is koruny české, but the genitive plural form korun českých is
usually found on banknotes). The ISO 4217 code is CZK and the local acronym is Kč, which is placed after the numeric value
(e.g., "50 Kč"). One koruna equals 100 haléřů (abbreviated as "h", singular: haléř, nominative plural: haléře).
The koruna has been fully convertible since 1995 and began to float in 1999. The Czech Republic plans to adopt the euro in
2012.
Compare Currency get you the best exchange rates on Swedish Krona
The krona (currency code SEK) has been the currency of Sweden since 1873. It is locally abbreviated kr. The plural form is
kronor and one krona is divided into 100 öre (singular and plural). The currency is sometimes informally referred to as the "Swedish crown" in English. The Swedish krona also circulates in Åland alongside the official currency, the euro.
Compare Currency get you the best exchange rate on Danish Krone
The krone is the currency of Denmark, including the autonomous provinces of Greenland and the Faroe Islands. The plural form
is "kroner" and one krone is divided into 100 øre, the singular form being the same as the plural. The ISO 4217 code is DKK; the domestic abbreviation is "kr.". Occasionally, the variants DKR or Dkr are seen, but these are not official.
Compare Currency get you the best exchange rates on Maltese Lira
The lira (Maltese: lira maltija, plural: liri, ISO 4217 code : MTL) is the currency of Malta. The lira is abbreviated as Lm, although the traditional ₤ sign may still be seen locally. In English, the Maltese currency may still be referred to as the pound. The Lira
will be replaced by the Euro as the official currency of the Republic of Malta on 1 January 2008 at the irrevocable fixed
exchange rate of 0.429300 MTL per 1 Euro.
Compare Currency get you the best exchange rate on Pounds Sterling
The pound (symbol: £; ISO code: GBP), divided into 100 pence, is the official currency of the United Kingdom and the Crown dependencies. The slang term "quid" is commonly used in place of "pound(s)".
The official full name pound sterling (plural: pounds sterling) is used mainly in formal contexts and also when it is necessary to distinguish the currency used within the United Kingdom from others that have the same name. The currency name — but not
the names of its units — is sometimes abbreviated to just "sterling", particularly in the wholesale financial markets; so
"payment accepted in sterling", but never "that costs five sterling". The abbreviations "ster." or "stg." are sometimes used. The term British pound is commonly used in less formal contexts, although it is not an official name of the currency.
The pound was originally the value of one pound Tower weight of sterling silver (hence "pound sterling"). The currency sign is
the pound sign, originally ₤ with two cross-bars, then later more commonly £ with a single cross-bar. The pound sign derives
from the black-letter "L", from the abbreviation LSD – librae, solidi, denarii – used for the pounds, shillings and pence of the original duodecimal currency system. Libra was the basic Roman unit of weight, which in turn derived from the Latin word for scales or balance. The ISO 4217 currency code is GBP (Great Britain pound). Occasionally the abbreviation UKP is seen, but
this is incorrect. The Crown dependencies use their own (non-ISO) codes. Stocks are often traded in pence, so traders may
refer to Pence sterling, GBX (sometimes GBp), when listing stock prices.
Following the adoption of the euro by several countries, sterling became the world's oldest currency still in use, and it currently holds the third largest portion of global currency reserves after the US dollar and the euro. The pound sterling is the fourth
most-traded currency in the foreign exchange market after the USD, the euro, and the Japanese yen.
Compare Currency get you the best exchange rates on Cypriot Pound
The pound, also known as the lira (Greek: λίρα / plural λίρες and Turkish: lira, from the Latin libra), is the currency of Cyprus, including the Sovereign Base Areas in Akrotiri and Dhekelia. However, the self-proclaimed Turkish Republic of Northern Cyprus uses on the official level the Turkish new lira.
The Cyprus pound is going to be replaced by the euro as official currency of the Republic of Cyprus on 1 January 2008 at the irrevocable fixed exchange rate of CYP 0.585274 per EUR 1.00.
Compare Currency get you the best exchange rate on South African Rand
The rand is the currency of South Africa. It takes its name from the Witwatersrand (White-waters-ridge in English), the ridge
upon which Johannesburg is built and where most of South Africa's gold deposits were found. The rand has the symbol "R" and is subdivided into 100 cents, symbol "c". The ISO 4217 code is ZAR.
The rand is the currency of the Common Monetary Area between South Africa, Namibia, Swaziland and Lesotho.
Compare Currency get you the best exchange rates on Indian Rupee
The Rupee (Hindi: रुपया) is the currency of India. The issuance of the currency is controlled by the Reserve Bank of India.
The most commonly used symbols for the rupee are Rs, ₨ and रू. The ISO 4217 code for the Indian rupee is INR.
In most parts of India, the rupee is known as the rupee, roopayi, rupaye, rubai or one of the other terms derived from the Sanskrit rupyakam (Devnagari), raupya meaning silver; rupyakam meaning (coin) of silver. However, in the Bengali, Oriya
and Assamese languages, spoken in West Bengal, Tripura, Orissa, and Assam, the rupee is known as a Taka, symbol ৳, and is written as such on Indian banknotes.
The modern rupee is subdivided into 100 paise (singular paisa). As is standard in Indian English, large values of Indian rupees
are counted in terms of thousands, lakh (100 thousand, in digits 1,00,000), crore (100 lakhs, in digits 1,00,00,000) and arawb
(100 crore, in digits 1,00,00,00,000). The use of million or billion, as is standard in American or British English, is far less
common.
Compare Currency get you the best exchange rate on Japanese Yen
The yen is the currency of Japan. It is also widely used as a reserve currency after the United States dollar, the euro and the pound sterling. The ISO 4217 codes for the yen are JPY and 392. The Latinised symbol is ¥ while in Japanese it is also written
with the kanji 円. While not a usage specific to currency, large quantities of yen are often counted in multiples of 10,000
(man, 万) in the same way as values in the United States are often quoted or rounded off to hundreds or thousands.
Compare Currency get you the best exchange rates on Polish Zloty
The złoty, plural for numbers ending in 2, 3 and 4 (except 12, 13 and 14): złote /ˈzwɔtɛ/, plural for all other numbers: złotych /ˈzwɔtɨx/), literally meaning "golden", is the currency of Poland. The ISO 4217 currency code is PLN. The modern złoty is subdivided into 100 groszy (singular: grosz, alternate plural form: grosze).
As a result of hyperinflation in the early 1990s, the currency underwent redenomination. Thus, on January 1, 1995, 10,000 old złotych (PLZ) became one new złoty (PLN).
*ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO).