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 December 8th, 2021 . All currencies quoted against the United States' Dollar (USD base currency)

Currency
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Inverse
Euro Symbol EUR Euro 1.13 0.885
JAPAN flag JPY Japanese yen 0.009 113.789
BULGARIAN flag BGN Bulgarian lev 0.578 1.731
CZECH flag CZK Czech koruna 0.044 22.546
DANISH flag DKK Danish krone 0.152 6.581
BRITAIN flag GBP Pound sterling 1.32 0.758
HUNGARIAN flag HUF Hungarian forint 0.003 325.808
POLISH flag PLN Polish zloty 0.246 4.068
ROMANIAN flag RON Romanian leu 0.228 4.38
SWEDISH flag SEK Swedish krona 0.11 9.073
SWISS flag CHF Swiss franc 1.083 0.923
NORWEGIAN flag NOK Norwegian krone 0.112 8.935
CROATIAN flag HRK Croatian kuna 0.15 6.66
RUSSIAN flag RUB Russian rouble 0.014 73.725
TURKISH flag TRY Turkish lira 0.073 13.7
AUSTRALIAN flag AUD Australian dollar 0.713 1.402
BRAZIL flag BRL Brazilian real 0.178 5.607
CANADA flag CAD Canadian dollar 0.791 1.264
CHINA flag CNY Chinese yuan renminbi 0.158 6.348
HONG KONG flag HKD Hong Kong dollar 0.128 7.796
INDONESIA flag IDR Indonesian rupiah 0 14342.455
ISRAEL flag ILS Israeli shekel 0.321 3.113
INDIA flag INR Indian rupee 0.013 75.435
SOUTH KOREA flag KRW South Korean won 0.001 1175.547
MEXICO flag MXN Mexican peso 0.048 20.919
MALAYSIA flag MYR Malaysian ringgit 0.237 4.225
NEW ZEALAND flag NZD New Zealand dollar 0.678 1.474
PHILIPPINES flag PHP Philippine peso 0.02 50.256
SINGAPORE flag SGD Singapore dollar 0.733 1.364
THAILAND flag THB Thai baht 0.03 33.48
SOUTH AFRICA flag ZAR South African rand 0.063 15.768
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 | Wednesday 8th of December 2021 12:20. VIEW AS SPREADSHEET U.S.-dollar foreign-exchange rates in late New York trading. Type: Currency Group: Major Base: US Dollar Second: Canadian Dollar