The United States currency has appreciated against the Nigerian currency in the Nigerian Foreign Exchange Market (NFEM) and ...

If youve exchanged money recently, for travel, investments, or a global transfer, youve probably seen rates shift. These ...

“Arguably the interest rate in a country is the biggest driver of currency exchange rates,” says Clive Ponsonby, former forex trader at J.P.Morgan and author of Currency View, a monthly ...

The value of the naira has appreciated again against the US dollar in both the official and black markets, as the IMF ...

The foreign exchange market operates as an over-the-counter (OTC) platform where global currencies’ exchange rates are established. It stands as the world’s largest financial market. The forex ...

On a day when currency markets suggest $100 should buy you €93, a currency exchange desk might hand you just €81, while a more modern method would net you a rate closer to €92, assuming you ...

Historical exchange rates can also be used to forecast future exchange rates and make informed decisions about currency trades. This data informs economists, investors and financial professionals.

Pegging a currency reduces exchange rate risk for businesses involved in international trade, and doing so at a high level of devaluation can make a country’s goods artificially cheap, which can ...

Forex trading is the act of buying one national currency while selling another. The exchange rate for these currencies is constantly changing due to supply and demand.