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