Foreign Exchange Charts

Use this form to dynamically generate charts that compares the currencies of your choice.
Simply select a primary currency and a second currency to chart it against. Lastly choose the number of days to show in your chart. Charts and calculated foreign exchange rates are based on our daily currency updates.

Link directly to this result here:

Why do Currencies Fluctuate?

Since many currencies are floating, or publicly traded, their value is subject to fluctuations in comparison to other world currencies. Higher interest rates can cause increased demand for a country's investments and currency. Lower interest rates can have the opposite effect. The status of international and domestic trade play a role. As can economic policies, resource and commodity prices. Market psychology plays a role, especially in the short term. Much like the equity markets, Forex markets can be volatile and unpredictable animals.

What is Currency Hedging?

Many businesses, individuals and institutions minimize the effect of volatile exchange rates by hedging. Hedging is the practice of offsetting risk, often by purchasing one position to protect another position. For example, a company transacting business in both Euros and US Dollars may invest in both currencies to offset fluctuations in either direction. As another example, many investors recommend gold as an investment to protect against a falling US dollar. Recent gold prices are a testament to the popularity of this strategy.

Currency Facts

The International Standards Organization (ISO) has established an international standard of three letter codes to define currencies. This standard is referred to as ISO 4217.

Advertisement

Daily Exchange Rates

CurrencyValue
EUR/USD1.1059
EUR/CHF1.0977
EUR/GBP0.8572
EUR/JPY119.96
GBP/USD1.2902
GBP/CHF1.2806
GBP/JPY139.95
USD/CAD1.3302
USD/CHF0.9926
USD/JPY108.47
AUD/JPY73.926
AUD/USD0.6815
BTC/USD8148.07
Gold/USD1464.90

Currency Converter For Websites

free currency converter
Get a Free Currency Converter for your Web Site. It's highly customizable, comes in 4 popular sizes and can be easily added to your site with a few lines of javascript. Get your Website Currency Converter.