World current time now,
Calendar monthly, yearly

World currency exchange rate, foreign rate


Code/Short/Long name
 Albania  Country flag al  ALL   Lek  Albania lek  EU 
 Andorra  Country flag ad  EUR   Euro  Euro  EU 
 Austria  Country flag at  EUR   Euro  Euro  EU 
 Belarus  Country flag by  BYR   Ruble  Belarusian ruble  EU 
 Belgium  Country flag be  EUR   Euro  Euro  EU 
 Bosnia and Herzegovina  Country flag ba  BAM   Marka  Bosnian marka  EU 
 Bulgaria  Country flag bg  BGN   Lev  Bulgarian lev  EU 
 Croatia  Country flag hr  HRK   Kuna  Croatian cuna  EU 
 Cyprus  Country flag cy  EUR   Euro  Euro  EU 
 Czech Republic  Country flag cz  CZK   Koruna  Czech koruna  EU 
 Denmark  Country flag dk  DKK   Krone  Danish krone  EU 
 Estonia  Country flag ee  EUR   Euro  Euro  EU 
 Faroe Islands  Country flag fo  DKK   Krone  Danish krone  EU 
 Finland  Country flag fi  EUR   Euro  Euro  EU 
 France  Country flag fr  EUR   Euro  Euro  EU 
 Germany  Country flag de  EUR   Euro  Euro  EU 
 Greece  Country flag gr  EUR   Euro  Euro  EU 
 Hungary  Country flag hu  HUF   Forint  Hungarian forint  EU 
 Iceland  Country flag is  ISK   Krona  Icelandic krona  EU 
 Ireland  Country flag ie  EUR   Euro  Euro  EU 
 Isle of Man  Country flag im  GBP   Pound  British pound  EU 
 Italy  Country flag it  EUR   Euro  Euro  EU 
 Latvia  Country flag lv  EUR   Euro  Euro  EU 
Code/Short/Long name
 Liechtenstein  Country flag li  CHF   Franc  Swiss franc  EU 
 Lithuania  Country flag lt  EUR   Euro  Euro  EU 
 Luxembourg  Country flag lu  EUR   Euro  Euro  EU 
 Macedonia  Country flag mk  MKD   Denar  Macedonia denar  EU 
 Malta  Country flag mt  EUR   Euro  Euro  EU 
 Moldova  Country flag md  MDL   Leu  Moldovan leu  EU 
 Monaco  Country flag mc  EUR   Euro  Euro  EU 
 Montenegro  Country flag me  EUR   Euro  Euro  EU 
 Netherlands  Country flag nl  EUR   Euro  Euro  EU 
 Norway  Country flag no  NOK   Krone  Norwegian krone  EU 
 Poland  Country flag pl  PLN   Zloty  Polish zloty  EU 
 Portugal  Country flag pt  EUR   Euro  Euro  EU 
 Romania  Country flag ro  RON   Leu  Romanian leu  EU 
 Russia  Country flag ru  RUB   Ruble  Russian ruble  EU 
 San Marino  Country flag sm  EUR   Euro  Euro  EU 
 Serbia  Country flag rs  RSD   Dinar  Serbian dinar  EU 
 Slovakia  Country flag sk  EUR   Euro  Euro  EU 
 Slovenia  Country flag si  EUR   Euro  Euro  EU 
 Spain  Country flag es  EUR   Euro  Euro  EU 
 Sweden  Country flag se  SEK   Krona  Swedish krona  EU 
 Switzerland  Country flag ch  CHF   Franc  Swiss franc  EU 
 Ukraine  Country flag ua  UAH   Hryvnia  Ukrainian hryvnia  EU 
 United Kingdom  Country flag gb  GBP   Pound  British pound  EU 


Insurance payouts- a constant pay based on insurance.
Central banks- banks that have a major importance, not neccecerely are located or asociated with centre.
Immediate bets – an amount of money which you risk on the result of an event or a competition.
Post-disaster recovery- a process, containing recovey after a huge event that effects sth very negatively or damages it.
Opposing forces – forces used as an enemy role during military exercises.
Monetary policy- the process by which the monetary authority of a country controls the supply of money.
Carry trade-  refers to a trade, where you borrow and pay interest in order to buy something else that has higher interest. 
Low-yielding- investments that do not pay much income. 
Interest-rate the percentage that a bank or other financial company charges you when you borrow money.
Ultra-loose- an extremely huge process of losing. 
Sovereign-debt- Bonds issued by a national government in a foreign currency, in order to finance the issuing country's growth
Upward pressure - a pressure, that is moving towards a higher position, level, the force you produce when you press something
Policy rate - Monetary tool used for controlling inflation, determining day-to-day liquidity operations, and for determining other market rates.

2016-03-31 05:20:28
Money trader:
Money means coins, notes and the cash in a bank account – what we use for making payments for what we want to buy. We take money for granted; and, indeed, a society as developed as ours could not do without it.
But people lived, and traded with each other, for many years without money. The earliest form of trade was by barter, offering goods in exchange for what was wanted, or swooping goods for other goods. Beautiful and rare things were used as mediums of exchange. Useful things also had an obvious value, which depends on their scarcity or how long they take to make.
At different times many rare or useful things have become widely used as mediums of exchange, for e.g.: axe heads, sharks, teeth, beads, ivory.
Gold and silver became recognized and suitable for a medium of exchange because they are scarce and keep their value, they can be worked with primitive equipment, because they are soft metals, with low melting temperature. They also can be polished to look beautiful and they can be easily carried. They do not decay or rust so they are a store of value.
It was gradually found most convenient to mint round flat pieces of gold and silver for trading. The value of these coins was measured by weight.
During the 6th century Before Christ, king of Lydia decreed that coins should be a standard weight, size and shape for each value, so that they could be quickly recognized.
There are six qualities of a good coin:
  • Scarce – if money is too easy to come by it doesn’t keep its value.
  • Acceptable – a coinage must be accepted as a medium of exchange in a society or country for buying and selling.
  • Durable – coins must be strong and long lasting, so that they are the store of value and do not break or wear out easily.
  • Standard – coins of a particular value must be of the same size, shape and weight and be quickly recognized.
  • Portable – coins must be easy to carry.
  • Divisible – it must be possible to divide coins of large value into smaller values, to give change or make smaller purchases.

2016-06-06 05:04:42
In business there are many occasions on which people have to deal with money and talk about money. Within a company there are business situations in which receipt of money and the payment of money is central occupation.
Foreign trade has been called “lifeblood” of the country, because we depend on the import of food and raw materials to feed our population and factories. In return we must export to earn the foreign currency necessary to pay for imports. There are many difficulties to buying and selling in foreign countries than to trading in one’s own. There are problems of distance, of language, of payment, of different laws and customs, and often understanding.
The banks in each country are in position to know the laws, customs and languages in their own country and financial standing of traders. Banks have established contacts with banks in other countries called Correspondent Banks.
When a sales has been agreed, and goods shipped, the Documents are entrusted by the seller to his bank. These are only passed on to the buyer in exchange for his signature on a Bill of Exchange. A bill of Exchange gives a date three to six months away, to give the buyer credit or time-to-pay, as is usual in trade. It suits the seller best if the buyer makes arrangements for payment to a bank in his own country. To do this the buyer contacts his local bank to make necessary arrangements with the overseas seller’s bank. This is called a Documentary Credit. It suits the buyer best if all he has to do is to make payment in his own currency to a local bank when the goods have arrived – and transfer of the payment is arranged by the seller’s bank to his country. This is called a Documentary Collection.

2016-06-08 11:22:08

 Use username: Guest, Anonymous, Programmer

The end result of wisdom is... good deeds.
The Talmud
It is Patrick the Legend, of course, who is most engaging and comes to us as something of a happy Celtic party monster.
Charles M. Madigan
A torn jacket is soon mended; but hard words bruise the heart of a child.
Henry Wadsworth Longfellow