Currency Exchange 101

This infographic will help you understand the foreign exchange market, currency rates, and foreign exchange fees.The forex, FX, or foreign exchange market determines the relative values of currencies and operates all over the world.Currencies are traded in pairs. Each currency pair has a base currency and a counter currency.In the foreign exchange market, currencies have a buy rate, sell rate, and mid-market rate.Three ways in which foreign exchange providers make money are: commission, spread, and transfer fees.
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5 Tips for Currency Exchange

5 Tips for Currency Exchange

Avoid the pitfalls of exchanging foreign currency. These five easy tips can help save you money and time on money transfers and currency transactions.

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