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World currency exchange rate, foreign rate


        COUNTRIES A - K   COUNTRIES L - Z

COUNTRIESCURRENCY NAME
Code/Short/Long name
CONTI-
NENT
 Antigua and Barbuda  Country flag ag  XCD   Dollar  East Caribbean dollar  NA 
 Aruba  Country flag aw  AWG   Guilder  Aruban guilder florin  NA 
 Bahamas  Country flag bs  BSD   Dollar  Bahamian dollar  NA 
 Barbados  Country flag bb  BBD   Dollar  Barbadian dollar  NA 
 Belize  Country flag bz  BZD   Dollar  Belizean dollar  NA 
 Bermuda  Country flag bm  BMD   Dollar  Bermudian dollar  NA 
 Canada  Country flag ca  CAD   Dollar  Canadian dollar  NA 
 Cayman Islands  Country flag ky  KYD   Dollar  Caymanian dollar  NA 
 Costa Rica  Country flag cr  CRC   Colon  Costa Rican colon  NA 
 Cuba  Country flag cu  CUP   Peso  Cuban peso  NA 
 Curacao  Country flag cw  ANG   Guilder  Netherlands Antillean guilder  NA 
 Dominica  Country flag dm  XCD   Dollar  East Caribbean dollar  NA 
 Dominican Republic  Country flag do  DOP   Peso  Dominican peso  NA 
 El Salvador  Country flag sv  USD   Dollar  United States dollar  NA 
 Greenland  Country flag gl  DKK   Krone  Danish krone  NA 
 Grenada  Country flag gd  XCD   Dollar  East Caribbean dollar  NA 
 Guatemala  Country flag gt  GTQ   Quetzal  Guatemalan quetzal  NA 
COUNTRIESCURRENCY NAME
Code/Short/Long name
CONTI-
NENT
 Haiti  Country flag ht  HTG   Gourde  Haitian gourde  NA 
 Honduras  Country flag hn  HNL   Lempira  Honduran lempira  NA 
 Jamaica  Country flag jm  JMD   Dollar  Jamaican dollar  NA 
 Mexico  Country flag mx  MXN   Peso  Mexican peso  NA 
 Nicaragua  Country flag ni  NIO   Cordoba  Nicaraguan gold cordoba  NA 
 Panama  Country flag pa  PAB   Balboa  Panamanian balboa  NA 
 Puerto Rico  Country flag pr  USD   Dollar  United States dollar  NA 
 Saint Kitts and Nevis  Country flag kn  XCD   Dollar  East Caribbean dollar  NA 
 Saint Lucia  Country flag lc  XCD   Dollar  East Caribbean dollar  NA 
 Saint Martin  Country flag mf  EUR   Euro  Euro  NA 
 Saint Vincent and the Grenadines  Country flag vc  XCD   Dollar  East Caribbean dollar  NA 
 Sint Maarten   ANG   Guilder  Netherlands Antillean guilder  NA 
 Trinidad and Tobago  Country flag tt  TTD   Dollar  Trinidad and Tobago
dollar
 NA 
 Turks and Caicos Islands  Country flag tc  USD   Dollar  United States dollar  NA 
 U.S. Virgin Islands  Country flag vi  USD   Dollar  United States dollar  NA 
 United States  Country flag us  USD   Dollar  United States dollar  NA 

CONTINENTS AND COUNTRIES



Guest:
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
Economist:
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

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