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Foreign Exchange Resource |
Free Foreign Exchange and Currency Resources Updated Daily: 63 Major Currencies Covered. |
Foreign Exchange Tables |
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Where is the Foreign Exchange Market?Most of currency exchange takes place between international banks. There is no central exchange like those used to trade equities. The largest three foreign exchange trading centers are in New York, Tokyo and London, of which London is the largest. Other large trading centers are located in Hong Kong, Singapore, Paris, Frankfurt and elsewhere. |
How Are Currencies Traded?Currencies are traded against each other. Each pair of currencies constitutes an individual currency product and is traditionally noted XXX/YYY, where XXX and YYY represent the three-letter currency codes. For example, EUR/USD (Euro versus the US Dollar) may be bought or sold on the FOREX market. |
| The Foreign Exchange (FOREX) rates shown and used the the exchange calculations are derived from publicly available data sources. Please see our disclaimer. |