Currency Converter
That Allows You to Convert
Multiple Currencies in Two Keystrokes
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Currency Converter
That Allows You to Convert
Multiple Currencies in Two Keystrokes
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| Questions Frequently Asked About Currency Calculator (FAQ) | |
Q: |
Why do I need Currency Calculator? |
A: |
If you ever need to calculate exchange rates, you need the convenience and speed of Currency Calculator. Currency Calculator can be used for:
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| http://www.xe.com/faq.htm http://www.helloeuro.com/faq.htm |
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Q: |
Is Currency Calculator exchange rate data accurate? |
A: |
Exchange rates originate from several sources that include the latest available market data from live, real-time rate feeds containing data from foreign exchange markets worldwide. Rates are pulled from currency market trading exchanges and are calculated via time-weighted averages. Rates accurately track the market and have a minimum of erroneous data. |
Q: |
Are the exchange rates within Currency Calculator buy, sell or mid-market rates? |
A: |
Currency Calculator employs the use of what is called mid-market rates. These rates are not buy or sell rates - they originate from the middle point between the buy and sell rates of large currency exchanges in the global currency markets because buy and sell rates include overhead costs and profit margins that are set independently by each foreign exchange and change depending on the specific transaction and the parties involved. Therefore, the middle market rate is the most accurate for users of Currency Calculator users as this rate cancels out these costs and profits, leaving a rate that is the most pure rate for everyday use. |
Q: |
I would like to know about the Euro currency. Do you have information about it? |
A: |
EURO REPORT. Kneson Software has researched the Euro extensively and has prepared an online report that can be found by clicking here. This report tells about the history of the Euro and issues related to its adoption along with its current use status. We believe you will find this report highly informative. |
Q: |
Can Currency Calculator provide me with a exchange rate data fof a specific date in the past? |
A: |
Yes. Simply point the calendar within the Currency Calculator interface to the exact date you want, and exchange rates for ALL the currencies you have selected are displayed. You can then calculate exchange rates for that specific date for all your currencies, and the exchange rate data will be displayed for all your currencies simultaneously! |
Q: |
Rates within Currency Calculator do not agree with rates I found from other sources. Why? |
A: |
Exchange rate data that resides within the Currency Calculator are much more timely than most other sources and are often more accurate. Other sources calculate their rates without taking into account the "buy" and "sell" margins which introduces errors in the interpretation of exchange rates. Also, the existence of multiple currency markets worldwide cause reporting differences from market to market. This is why exchange rates within Currency Calculator are more reliable - since we include and average differences between "buy" and "sell" rates, Currency Calculator data is more reliable than from sources that do not include this within their currency exchange rate data calculations.. |
Q: |
I use rates within Currency Calculator for my job or a trading practical purpose. Can you guarantee your rates? |
A: |
No. No exchange rate provider can guarantee their rate data. |
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