In forex, the exchange rate between two currencies constantly changes. Many brokers offer both advisory and execution-only trading. For example, when people are planning to oversea travel may buy foreign currency cash, traveler's checks or a travel-card in their home country's bank. Exchange Rate History Graphs Definition of Exchange Rate Exchange Rate also known as forex rate, FX rate, foreign-exchange rate, or Agio is a relative value between two currencies at which one currency can be exchanged for another currency. Apart from weekends, the currency trading is continuous: The foreign exchange market also called the currency market or forex abbreviated as FX , is the world's largest financial market. However, there are numerous ways to invest your money and no matter how much you want to invest and for how long there are always good opportunities available.
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