How To

How to Find Currency Exchange Rates Online

Contributor
By eHow Contributing Writer
(8 Ratings)

Interested in foreign currency trading? You can find currency exchange rates without even leaving your computer.

From Quick Guide: Currency Exchange
Difficulty: Moderately Easy
Instructions

Things You'll Need:

  • Internet access
  • Calculator
  • Computer
  • Spreadsheet software
  1. Step 1

    Visit a search engine such as Yahoo! or Google.

  2. Step 2

    Type in the keywords "exchange rates online."

  3. Step 3

    Press Enter on your keyboard or click the Search button to submit your query.

  4. Step 4

    Click on a site that best suits your interests or needs from the list of search results provided by the search engine.

  5. Step 5

    Choose the country or countries whose exchange rate you're looking for.

  6. Step 6

    Follow the directions on the site to find out the currency exchange rate you're looking for.

  7. Step 7

    Click the Back button on your Web browser to return to the list of search results and choose another site to explore.

Tips & Warnings
  • Use Bloomberg to access foreign currencies by region or use their currency calculator to determine exact amounts based on the current exchange rate (see Resources).
  • RatesFX provides a wealth of information, including exchange rates from numerous countries and a glossary of currency exchange terms (see Resources).
  • Although the U.S. dollar is commonly used as the benchmark, you can compare the currency of any country to another.
  • If you're planning to travel, find out if the country you're planning to visit has any restrictions on importing or exporting currency.

Comments  

vcraw said

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on 7/15/2009 You can find live currency exchange rates here - http://converter.currencysolutions.co.uk/ as well as the best rates for currency transfer.

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on 2/10/2009 Futures Press Inc offers investors to use the free currency rate calculator ( http://www.currencyratecalculator.com ) to convert your currencies into other ones.

There are total 5 ways for you check out the exchange rates:

Currency Converter Cross Matrix - which is updated every 30 seconds
Quick Currency Rate Calculator - users do it online and they can also add this RSS feed
Currency Rate Calculator Widget - users embed the widget to their blogs and websites
Currency Exchange Rate Gadget - users install the gadget for iGoogle
Mobile Currency Exchange Rates - the exchange rates to be delivered to users' mobile devices
Users can also subscribe for daily mail alerts.

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on 1/17/2009 Great site for the pound to euro rate and has a calculator www.poundtoeuro.com

chaitu2006 said

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on 9/26/2008 alternately you can visit www.chaitu.co.in for frequent currency conversions and other currency conversions

Anonymous

Anonymous said

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on 8/8/2006 Don't take loads of cash with you when you go away, as it's too risky, and don't bother with traveler's checks, as they can often be inconvenient (especially when in a group). Instead, have a look on the Internet to find credit or debit cards that allow commission-free foreign use. That way, you don't feel so vulnerable and aren't dependent upon bank opening hours. However, remain vigilant of potential fraudulence and have some cash available in case of emergency.

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