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The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers.
Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79
The market convention is to quote most exchange rates against the USD with the US dollar as the base currency (e.g. USDJPY, USDCAD, USDCHF). The exceptions are the British pound (GBP), Australian dollar (AUD), the New Zealand dollar (NZD) and the euro (EUR) where the USD is the counter currency (e.g. GBPUSD, AUDUSD, NZDUSD, EURUSD).
The dollar index rose 0.41%, with the euro down 0.42% to $1.1037. The Japanese yen weakened 0.48% versus the greenback at 143.01 per dollar, while Sterling was last trading at $1.3072, down 0.39% ...
The Netherlands Antillean guilder (and its successor the Caribbean guilder) and the Aruban florin are pegged to the dollar at a fixed rate of 1:1.79. The East Caribbean dollar is pegged to the dollar at a fixed rate of 2.7:1, and is used by all of the countries and territories of the OECS other than the British Virgin Islands. In Lebanon, one ...
The US dollar, meanwhile, continued its surge on Friday, with the dollar index rising to an intraday high of $108, representing its highest level since November 2022.