Use the form on the right to dynamically generate an exchange rate table that compares the currency of your choice to the full range of available currencies on a given date. Calculated foreign exchange rates are based on our daily currency updates.
A floating exchange rate is determined through open trading on the foreign exchange market. A currency that uses a floating exchange rate is known as a floating currency. While these currencies are allowed to "float" on the FOREX market, a central bank will often intervene to prevent destabilization of a currency.
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.