Your Financial Resources on the Internet | Free Register | Free Signals | Forex Signals | Telegram Group


Forex Training Course

Forex Training Courses

Forex Trading Strategies

Forex Trading Success

Futures Day Trading

Futures Index Trading

Forex Tutorial

Forex Trading Firm

Forex Trading Information

Forex Trading Classes

Forex Trading Course

Forex Trading Signals

Forex Trading Software

Forex Trading Program

Forex Trading School

Gold Futures Trading

Hedge Fund Manager

Global Forex Trading

Global Payment System

International Currency Exchange

International Currency Exchange Rate

Hedge Funds

International Currency Converter

Futures Trading Broker

FX Brokers 1 - 2 - 3




International Currency Exchange Rate

The international currency exchange rate is different for every single country that is in existence in the world today. Years ago there was a standard that was followed for every single country when it came to determining the value of a particular currency. This method was called the Gold Exchange Standard and was in existence until 1971. Under the Gold Exchange Standard, the value of all currencies was fixed in terms of how much gold could be exchanged for that particular currency. For example, if 1 oz. of gold was worth 35 US dollars or 12 British pounds, the exchange-rate from dollars and pounds would remain constant at just under 3 to 1 and would not change for a long period of time. This system was heavily dependent upon countries actually having a large amount of gold in reserves in their country. In 1944 when the system was put in place, the US dollar was fixed at $35 per ounce of gold. All other currencies from around the world were expressed in terms of dollars as compared to this Gold Exchange Standard. In the 1960s, concern began to rise that there was not enough gold in the United States of America to redeem all of the dollars and in 1971, President Nixon announced that US dollars would no longer the convertible into gold. Current Basis for the International Currency Exchange RateWhen the gold exchange standard was abolished, the foreign-exchange market went from a relatively unimportant financial specialty to the forefront of international economics around the world. This began a system where the international currency exchange rate would fluctuate depending on market indices. A country's currency is no longer compared to the gold standard but rather to its own value as compared to other countries.

Buy Currency
To buy currency, and individual has to go to a company that participates in buying and selling currency. This can easily be done by going to a local bank that can provide this particular service. ...
Forex Training Course
A Forex training course is a really good way to take control of your financial life. Now, more than ever, people are increasingly concerned about their financial future. With social security consta...

Learn Forex Trading
Why You Should Learn Forex TradingThere are several reason why it is a good idea for any investor, big or small, to learn Forex trading. When you learn Forex trading, you are opening your trading ...

Foreign Currency Exchange Rate
The foreign currency exchange rate is constantly in motion, making US dollars weaker or stronger every single day. There is no set standard when it comes to the value of money in one country versu...



Learn How to make $200/day

Learn Forex Trading
Learn Forex Trading with Peter Bain's Course

Trade Forex Online with $1 account!
Forex trading account and and get $5 cash reward so you can start trading right away!


earn money Own Advertising Consultant Social make cash metatrader sterling nbc affiliate Marketing make selling online business strategy cash Social referral database Advertising Director rates Advertising Consultant Signals quick make .

mt4 Trading | affiliate offer | referral services | cash online | make extra | get cash | make money working online | how to make money quickly

Web Analytics