Most popular USD exchange rates

USD - Euro

EUR/USD - Euro US Dollar

USD - British Pound

GBP/USD - POUND US Dollar

USD - Canadian dollar

usd/CAD - Canadian dollar

USD - Japanese yen

JPY/USD - Japanese yen US Dollar

USD - Chinese yuan

CNY/USD - Chinese yuan US Dollar

USD - Swiss franc

CHF/USD - Swiss franc US Dollar
 

World most exchanged Currencies

US Dollar exchange rates for today October 31st, 2020 . All currencies quoted against the United States' Dollar (USD base currency)

Currency
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Inverse
Euro Symbol EUR Euro 1.17 0.855
JAPAN flag JPY Japanese yen 0.01 104.599
BULGARIAN flag BGN Bulgarian lev 0.598 1.672
CZECH flag CZK Czech koruna 0.043 23.295
DANISH flag DKK Danish krone 0.157 6.366
BRITAIN flag GBP Pound sterling 1.297 0.771
HUNGARIAN flag HUF Hungarian forint 0.003 314.114
POLISH flag PLN Polish zloty 0.253 3.951
ROMANIAN flag RON Romanian leu 0.24 4.165
SWEDISH flag SEK Swedish krona 0.113 8.86
SWISS flag CHF Swiss franc 1.093 0.915
NORWEGIAN flag NOK Norwegian krone 0.105 9.484
CROATIAN flag HRK Croatian kuna 0.154 6.475
RUSSIAN flag RUB Russian rouble 0.013 79.04
TURKISH flag TRY Turkish lira 0.119 8.372
AUSTRALIAN flag AUD Australian dollar 0.706 1.416
BRAZIL flag BRL Brazilian real 0.173 5.779
CANADA flag CAD Canadian dollar 0.752 1.33
CHINA flag CNY Chinese yuan renminbi 0.15 6.681
HONG KONG flag HKD Hong Kong dollar 0.129 7.754
INDONESIA flag IDR Indonesian rupiah 0 14625.004
ISRAEL flag ILS Israeli shekel 0.293 3.409
INDIA flag INR Indian rupee 0.013 74.467
SOUTH KOREA flag KRW South Korean won 0.001 1131.988
MEXICO flag MXN Mexican peso 0.047 21.236
MALAYSIA flag MYR Malaysian ringgit 0.241 4.154
NEW ZEALAND flag NZD New Zealand dollar 0.666 1.502
PHILIPPINES flag PHP Philippine peso 0.021 48.414
SINGAPORE flag SGD Singapore dollar 0.733 1.364
THAILAND flag THB Thai baht 0.032 31.15
SOUTH AFRICA flag ZAR South African rand 0.061 16.273
ICELAND flag ISK Icelandic krona - No data.  N/A 
N/A 

National currencies are vitally important to the way modern economies operate. An exchange rate is how much it costs to exchange one currency for another. Exchange rates fluctuate constantly throughout days and weeks, as currencies are actively traded. This drives the price up and down, similar to other assets such as stocks. To understand the significance of the exchange rate, we must establish some points that we consider of vital importance: The base currency is the term given to the first currency in the pair The currency is the term offsets will gives the second currency in the pair. The exchange rate represents the number of units of currency offsetting a unit of the base currency can buy.

There are two main purposes of exchanging money, for investing pruposes (forex) and for Travel. The foreign exchange market is the market in which foreign currency - such as the yen or euro or pound - is traded for domestic currency - for example, the U.S. dollar. Dealing with money can be complicated at the best of times, but in the rush to get on with your travel, or while you are abroad, exchanging your money can be tricky. This is especially true as there are a number of unfamiliar terms and phrases connected with the foreign currency exchange process.

For centuries, the currencies of the world were backed by gold. But over time, the real world of economics outpaced this system. The U.S. dollar suffered from inflation (its value relative to the goods it could purchase decreased), while other currencies became more valuable and more stable. Now we have two main systems used to determine a currency's exchange rate: floating currency and pegged currency. The market determines a floating exchange rate by determining supply and demand. A pegged, or fixed system, is one in which the exchange rate is set and artificially maintained by the government. Some countries’ governments, instead of floating, “fix” their exchange rate, at least for periods of time, which means that the government’s central bank is an active trader in the foreign exchange market. Many central banks practice “managed floating,” whereby they intervene in the foreign exchange market by “leaning against the wind.”

Exchange Rates: New York Closing Snapshot Find Historical Data | Saturday 31st of October 2020 08:34. VIEW AS SPREADSHEET U.S.-dollar foreign-exchange rates in late New York trading. Type: Currency Group: Major Base: US Dollar Second: Canadian Dollar