Looking for online sources for historical currency data / exchange rates. Recommendations? [closed]
What is the best exchange rate website?
Top Currency Exchange Websites
- XE.
- TransferWise.
- Oanda.
- Travelex.
Jan 8, 2021
Where can I get an accurate exchange rate?
Exchange-Rates.org allows you to check the latest foreign exchange rates. The data we provide is up-to-date and supplied by the market-leading provider – Xignite. Exchange-Rate.org makes checking currency rates easy and intuitive.
Can to U.S. exchange rate history?
Get access to 20+ years of Canadian dollar to US dollar exchange rates, broken down by daily, monthly & yearly periods.
CAD to USD historical rates.
| Date | 1 CAD= |
|---|---|
| Average | 0.788622 |
| January 31, 2022 | 0.792128 |
| February 28, 2022 | 0.786002 |
| March 31, 2022 | 0.790251 |
What is the most accurate currency converter app?
The 9 Best Currency Converter Apps for Android
- Xe Currency Converter & Global Money Transfer. 3 Images. …
- MyCurrency. 3 Images. …
- Exchange Rates & Currency Converter. 3 Images. …
- All Currency Converter. 3 Images. …
- Forex Currency Rates. 3 Images. …
- Easy Currency Converter. 3 Images. …
- Currency Converter – Exchange. 3 Images. …
- Currency Converter.
Is Xe com a reliable source?
XE has been in business for more than 20 years and is a trusted source of exchange rate information, widely used by businesses, banks and financial institutions to understand the market rate. Yes, they are pretty impressive.
Is Xe com reliable?
XE is a good choice for safe, secure international transfers to 220 countries in 139 currencies. They are known for good customer support, have a great online platform, and a user friendly app. They are strongest for large transfers (over $7000 USD) where the exchange rates they offer are very reasonable.
How do you monitor currency exchange rates?
Most Effective Way to Monitor Exchange Rates for Your Business
- Search engines. As the main gateway to find a variety of information available on the internet, search engines allow you to discover information about a country’s exchange rate. …
- Exchange rate application. …
- Business dashboard.
Jul 30, 2021
What is Oanda forex?
OANDA is a leader in currency data, offering forex & CFD trading, corporate fx payments and exchange rates services for a wide range of organizations and investors.
Is there a currency exchange app?
XE Currency Converter
It is undoubtedly one of the best and the fastest conversion sites known for its accurate results and services. The app can work on both Android and iOS devices. Use XE to stay updated on the ever-changing rates of precious metals and world currencies.
Is XE currency app free?
You can now transfer money internationally using the XE Currency app. It’s easy, secure, and there are no fees.
Is there a currency app?
Currency has been the #1 currency converter for iPhone since 2008, launching as one of the first 500 apps in the App Store. Available for iPhone, iPad, Apple Watch and Android for free.
Which bank gives best exchange rates in Qatar?
Doha Bank offers good currency exchange rates and will apply charges at both sides of the transaction.
These banks offer online and mobile banking in Qatar:
- Doha Bank.
- Commercial Bank of Qatar.
- Mashreq Bank.
- HSBC.
- Standard Chartered.
- Ahlibank.
- International Bank of Qatar.
- QNB.
Mar 22, 2022
Are exchange rates the same everywhere?
But most exchange rates aren’t fixed—they’re “floating,” meaning their values constantly change depending on various economic factors. As of March 2021, one U.S. dollar is the equivalent of about seventy-two Indian rupees.
Are exchange rates better online?
Buying your travel money online typically means better exchange rates than in-branch because of the reduced overhead costs involved. There is usually a broader range of currencies available online.
What’s the best day of the week to exchange money?
There is no specific best day to exchange currency, different factors such as political, economical factors, etc. play roles on currency exchange rates.
Do currency rates change on weekends?
Banks, trading offices, and stock markets worldwide close on weekends. However, the forex rates still change in real-time over the weekends. It’s just the volatility and liquidity are way too low, as not many people do the exchange on weekends unless it’s an emergency.
What happens when forex market closes?
Drawbacks to Trading When a Currency’s Market Is Closed
At market close, a number of trading positions are being closed, which can create volatility in the currency markets and cause prices to move erratically. The same can be the case when markets open.
Is the forex market closed right now?
The forex market is open 24 hours a day in different parts of the world, from 5 p.m. EST on Sunday until 4 p.m. EST on Friday. The ability of the forex to trade over a 24-hour period is due in part to different international time zones.
What are the 4 trading sessions?
Trading Sessions
| Name | Marketplace | Trading Hours |
|---|---|---|
| New York Stock Exchange (NYSE) | New York, United States | 9:30 a.m. to 4:00 p.m. |
| Nasdaq Stock Market | New York, United States | 9:30 a.m. to 4:00 p.m. |
| Toronto Stock Exchange (TSX) | Toronto, Canada | 9:30 a.m. to 4:00 p.m. |
What time of day is best to trade forex?
The forex market runs on the normal business hours of four different parts of the world and their respective time zones. The U.S./London markets overlap (8 a.m. to noon EST) has the heaviest volume of trading and is best for trading opportunities.
How many forex traders are successful?
One commonly known fact is that a significant amount of forex traders fail. Various websites and blogs even go as far as to say that 70%, 80%, and even more than 90% of forex traders lose money and end up quitting.
What is us30 in forex?
What is the US Wall Street 30? The US Wall Street 30 tracks the performance of the 30 largest publicly-owned companies in the United States. Unlike market capitalisation-weighted indices such as the DE30 or UK100, the US Wall Street 30 is a price-weighted index.
How many dollars is 100 pips?
For the U..S dollar, when it comes to pip value, 100 pips equals 1 cent, and 10,000 pips equals $1. An exception to this rule is the Japanese yen. The yen’s value is so low that each pip is not worth a ten-thousandth of a unit but, rather, each pip is 1% of a yen.
Is day trading illegal?
Day Trading is not illegal or unethical. However, day trading requires complex trading strategies, and we only recommend it to professionals or seasoned investors. While day trading is legal, most retail investors don’t have the time, wealth, or knowledge it takes to make money day trading and sustain it.
How much is 0.01 on US30?
The 1 pip size of US30 is 0.01, so if the US30 price is 1.23, the 3 represents 3 pips.
What lot size is good for $50 forex account?
I recommend you to open a nano (cent) account because micro lots are still too risky for a $50 account and you need to put tight and unrealistic stop losses. In a nano (cent) account 1 standard lot is equal to 1 micro lot which allows you to trade safely even with $1.
How much is 50 pips worth?
Commodities
| Commodities | Pip value per 1 standard lots | Pip value per 0.01 standard lots |
|---|---|---|
| XTIUSD | 10 USD | 0.10 USD |
| XBRUSD | 10 USD | 0.10 USD |
| XAGUSD | 50 USD | 0.50 USD |
| XAUUSD | 10 USD | 0.10 USD |