| Money. We all need it. We all want it. | | | | Cambodia Riel, Canadian Dollar, Cayman |
| Trillions and trillions of dollars, pesos, | | | | Islands Dollar, CFA Franc, Chilean Peso, |
| euros, pounds, levs, francs, and more change | | | | Chinese Yuan, Colombian Peso, Comoros Franc, |
| hands every day for goods and services around | | | | Copper Ounces, Costa Rica Colon, Croatian |
| the world. Most of us are only familiar with | | | | Kuna, Cuban Peso, Cyprus Pound, Czech Koruna. |
| the money that is exchanged for goods and | | | | |
| services in our own country and are only | | | | Danish Krone, Dijibouti Franc, Dominican |
| concerned with getting more of that. | | | | Peso. East Caribbean Dollar, Ecuador Sucre, |
| | | | Egyptian Pound, El Salvador Colon, Eritrea |
| But there is a lot more to money than that. | | | | Nakfa, Estonian Kroon, Ethiopian Birr, Euro. |
| What is the relationship between the currency | | | | |
| in your country and the currency of some | | | | Falkland Islands Pound, Gambian Dalasi, |
| other country and why should it matter to me? | | | | Ghanian Cedi, Gibraltar Pound, Gold Ounces, |
| I?m glad you asked. In this article we will | | | | Guatemala Quetzal, Guinea Franc, Haiti |
| explore some of the currencies around the | | | | Gourde, Honduras Lempira, Hong Kong Dollar, |
| world and answer some questions you may not | | | | Hungarian Forint, Iceland Krona, Indian |
| even know you had. | | | | Rupee, Indonesian Rupiah, Iran Rial, Israeli |
| | | | Shekel, |
| First, if we are going to discuss currency | | | | |
| and it?s relationship to other currency, we | | | | Jamaican Dollar, Japanese Yen, Jordanian |
| have to talk about Forex. That?s short for | | | | Dinar, Kazakhstan Tenge, Kenyan Shilling, |
| foreign exchange or the exchange of currency | | | | Korean Won, Kuwaiti Dinar, Lao Kip, Latvian |
| for a different type of currency. | | | | Lat, Lebanese Pound, Lesotho Loti, Libyan |
| | | | Dinar, Lithuanian Lita. |
| There is no market in the world, including | | | | |
| Wallstreet that can compare to Forex in | | | | Macau Pataca, Macedonian Denar, Malagasy |
| volume of cash traded daily. Retailers, | | | | Franc, Malawi Kwacha, Malaysian Ringgit, |
| Governments, Currency Speculators, Banks, | | | | Maldives Rufiyaa, Maltese Lira, Mauritania |
| Corporations, and other financial | | | | Ougulya, Mauritius Rupee, Mexican Peso, |
| institutions engage in forex or foreign | | | | Moldovan Leu, Mongolian Tugrik, Moroccan |
| currency exchange to the tune of trillions of | | | | Dirham, Mozambique Metical. |
| dollars and other currency each day. | | | | |
| | | | Namibian Dollar, Nepalese Rupee, Neth |
| It is a truly amazing thing to see. People | | | | Antilles Guilder, New Turkish Lira, New |
| making money just by trading one country?s | | | | Zealand Dollar, Nicaragua Cordoba, Nigerian |
| currency for another. Keeping up with the | | | | Naira, Norwegian Krone, Omani Rial. |
| latest news in each country, economic trends | | | | |
| and indicators, real-time monitoring of | | | | Pacific Franc, Pakistani Rupee, Palladium |
| current currency values in comparison to | | | | Ounces, Panama Balboa, Papua New Guinea Kina, |
| another currency are all things required if | | | | Paraguayan Guarani, Peruvian Nuevo Sol, |
| you are going to speculate in this arena. | | | | Philippine Peso, Platinum Ounces, Polish |
| | | | Zloty, Qatar Rial, Romanian Leu, Romanian New |
| More than that, some forex speculators will | | | | Leu, Russian Rouble, Rwanda Franc. |
| tell you is, you have to have a good feel for | | | | |
| it. You have to understand economies and be | | | | Samoa Tala, Sao Tome Dobra, Saudi Arabian |
| able to recognize the events and conditions | | | | Riyal, Seychelles Rupee, Sierra Leone Leone, |
| that will cause people to lose confidence in | | | | Silver Ounces, Singapore Dollar, Slovak |
| one currency or another. You have to know | | | | Koruna, Slovenian Tolar, Somali Shilling, |
| when to hold em and when to fold em, as the | | | | South African Rand, Sri Lanka Rupee, St |
| Kenny Rogers song goes. | | | | Helena Pound, Sudanese Dinar, Surinam |
| | | | Guilder, Swaziland Lilageni, Swedish Krona, |
| If you would like to check the exchange rates | | | | Swiss Franc, Syrian Pound. |
| for each of these currencies against other | | | | |
| currencies, you can open a new browser window | | | | Taiwan Dollar, Tanzanian Shilling, Thai Baht, |
| and put this url into your address bar. It?s | | | | Tonga Pa'anga, Trinidad&Tobago Dollar, |
| a Forex Calculator. | | | | Tunisian Dinar, U.S. Dollar, UAE Dirham, |
| | | | Ugandan Shilling, Ukraine Hryvnia, Uruguayan |
| The following is a list of world currencies. | | | | New Peso, Vanuatu Vatu, Venezuelan Bolivar, |
| It may not be every currency in the world, | | | | Vietnam Dong, Yemen Riyal, Zambian Kwacha, |
| but it will give you an idea of the | | | | Zimbabwe Dollar. |
| complexity of forex. | | | | |
| | | | Can you imagine sorting out all of the |
| Albanian Lek, Algerian Dinar, Aluminium | | | | relationships between each of those |
| Ounces, Argentine Peso, Aruba Florin, | | | | currencies and precious metals. Forex is not |
| Australian Dollar. | | | | for the faint of heart it would seem, but it |
| | | | does make a facinating topic. In some of the |
| Bahamian Dollar, Bahraini Dinar, Bangladesh | | | | currency names you can see how it relates to |
| Taka, Barbados Dollar, Belarus Ruble, Belize | | | | world history. |
| Dollar, Bermuda Dollar, Bhutan Ngultrum, | | | | |
| Bolivian Boliviano, Brazilian Real, British | | | | I hope you find this article has helped you |
| Pound, Brunei Dollar, Bulgarian Lev, Burundi | | | | with at least an explanation of what Forex is |
| Franc. | | | | and how it works. There is a lot more out |
| | | | there about Forex. Learn more! |