Currency Conversion

Currency Conversion By: Dynafrom Wang

1. One possible reason for this is that currency exchange rates are constantly changing so on your trip to Europe the Canadian dollar may be worth a lot less then the euro, and when you come back the CAD may be exchange at a higher rate. It could also be because in Europe, there are more competition in the retail currency exchange business meaning lower rates, but if you try to convert back in Canada, there is little competition meaning higher rates. 2. The rate of interest charged on short-term loans made between banks. Banks borrow and lend money in the interbank market in order to manage liquidity and meet the requirements placed on them. 3. Players in the foreign exchange market, such as banks and corporations, buy and sell currencies openly. Currency prices are expressed in terms of "bid" and "ask." Bid is the price at which buyers offer to buy currencies from sellers. Ask is the price at which sellers offer currencies to buyers. 4. USD, EURO, JAPANESE YEN, POUND STERLING, SWISS FRANC, AUSTRAILIAN DOLLAR, CAD, SWEDISH KRONA, HKD, NORWEGIAN KRONE, NEW ZEALAND DOLLAR, AND MEXICAN PESO. 5. I would pick the Chinese dollar, Yuan since China does have the worlds 2nd highest GDP and is amongst the higher exporter and importers. This means there are many trades of different currencies to the Yuan, much more so then some of the currencies in the top 12. 6. ADF ADP AED AFN ALL AMD ANG AOA AON ARS ATS AUD AWG AZM AZN BAM BBD BDT BEF BGN BHD BIF BMD BND BOB BRL BSD BTN BWP BYR BZD CDF CHF CLP CNY COP CRC CUC CUP CVE CYP CZK

0.13390 0.00537 0.27230 0.01916 0.01057 0.00329 0.57140 0.01337 0.01337 0.30910 1.27260 0.67540 0.56500 0.00025 1.23670 0.65440 0.50760 0.01494 1.27260 0.65930 2.71310 0.00085 1.00000 0.67880 0.14600 0.46590 1.01250 0.02106 0.12770 0.00047 0.52440 0.00234 0.84890 0.00159 0.14690 0.00043 0.00184 1.08000 0.04500 0.01187 1.27260 0.05101

7.46590 186.16700 3.67580 52.39000 98.51200 304.41000 1.80000 75.15800 75.15800 3.36050 0.78640 1.48400 1.80000 4043.00000 0.80860 1.52860 2.02000 69.73200 0.78640 1.54030 0.38420 1215.50000 1.00000 1.51210 7.16250 2.15880 1.01780 47.50000 8.08390 2151.50000 1.98520 437.00000 1.17900 629.39500 6.84570 2386.90000 564.35000 0.92590 23.14810 87.39500 0.78640 19.69530

Andorran Franc Andorran Peseta Utd. Arab Emir. Dirham Afghanistan Afghani Albanian Lek Armenian Dram NL Antillian Guilder Angolan Kwanza Angolan New Kwanza Argentine Peso Austrian Schilling Australian Dollar Aruban Florin Azerbaijan Manat Azerbaijan New Manat Bosnian Mark Barbados Dollar Bangladeshi Taka Belgian Franc Bulgarian Lev Bahraini Dinar Burundi Franc Bermudian Dollar Brunei Dollar Bolivian Boliviano Brazilian Real Bahamian Dollar Bhutan Ngultrum Botswana Pula Belarusian Ruble Belize Dollar Congolese Franc Swiss Franc Chilean Peso Chinese Yuan Renminbi Colombian Peso Costa Rican Colon Cuban Convertible Peso Cuban Peso Cape Verde Escudo Cyprus Pound Czech Koruna

DEM DJF DKK DOP DZD ECS EEK EGP ESP ETB EUR FIM FJD FKP FRF GBP GEL GHC GHS GIP GMD GNF GRD GTQ GYD HKD HNL HRK HTG HUF IDR IEP ILS INR IQD IRR ISK ITL JMD JOD JPY KES KGS KHR KMF KPW KRW KWD KYD KZT LAK LBP LKR LRD LSL LTL LUF LVL LYD MAD MDL MGA MGF MKD MMK MNT MOP MRO MTL MUR MVR MWK MXN MYR MZM MZN NAD NGN NIO NLG NOK NPR NZD OMR PAB PEN PGK PHP PKR PLN PTE PYG QAR ROL RON RSD RUB RWF SAR SBD SCR SDD SDG SDP SEK SGD

1.27260 0.00578 0.17110 0.02883 0.01519 0.00004 0.08176 0.18320 1.27260 0.10430 1.27260 1.27260 0.56500 1.56740 1.27260 1.56570 0.67110 0.00009 0.86100 1.56740 0.04195 0.00020 1.27260 0.13520 0.00669 0.12900 0.05377 0.17950 0.02588 0.00478 0.00009 1.27260 0.26190 0.02083 0.00087 0.00010 0.00799 1.27260 0.01370 1.43160 0.01018 0.01343 0.02567 0.00025 0.00260 0.00714 0.00077 3.73830 1.22500 0.00852 0.00012 0.00068 0.00909 0.01587 0.10080 0.37510 1.27260 1.83260 0.78650 0.11830 0.09867 0.00056 0.00011 0.02118 0.15900 0.00087 0.12790 0.00418 1.27260 0.03339 0.07921 0.00719 0.07847 0.28710 0.00004 0.04151 0.10050 0.00868 0.05189 1.27260 0.14500 0.01337 0.59250 2.62430 1.01760 0.33250 0.40390 0.02069 0.01239 0.35120 1.27260 0.00022 0.27540 0.00003 0.34530 0.01497 0.03703 0.00186 0.26660 0.14350 0.11420 0.00463 0.46290 0.00044 0.12650 0.66830

0.78640 German Mark 179.92000 Djibouti Franc 5.84650 Danish Krone 35.93100 Dominican R. Peso 68.64500 Algerian Dinar 25587.00000 Ecuador Sucre 12.23540 Estonian Kroon 5.61450 Egyptian Pound 0.78640 Spanish Peseta 9.92780 Ethiopian Birr 0.78640 Euro 0.78640 Finnish Markka 1.80180 Fiji Dollar 0.63820 Falkland Islands Pound 0.78640 French Franc 0.63930 British Pound 1.49000 Georgian Lari 12005.00000 Ghanaian Cedi 1.20050 Ghanaian New Cedi 0.63820 Gibraltar Pound 24.96500 Gambian Dalasi 5132.90000 Guinea Franc 0.78640 Greek Drachma 7.70650 Guatemalan Quetzal 172.67000 Guyanese Dollar 7.75080 Hong Kong Dollar 19.37800 Honduran Lempira 5.59500 Croatian Kuna 40.20400 Haitian Gourde 209.98900 Hungarian Forint 11098.80000 Indonesian Rupiah 0.78640 Irish Punt 3.82600 Israeli New Shekel 49.00500 Indian Rupee 1195.10000 Iraqi Dinar 10198.00000 Iranian Rial 135.09900 Iceland Krona 0.78640 Italian Lira 78.00000 Jamaican Dollar 0.71850 Jordanian Dinar 98.33660 Japanese Yen 77.56300 Kenyan Shilling 38.95660 Kyrgyzstanian Som 4166.60000 Cambodian Riel 385.89900 Comoros Franc 140.00000 North Korean Won 1311.30000 South-Korean Won 0.27350 Kuwaiti Dinar 0.83330 Cayman Islands Dollar 122.04000 Kazakhstan Tenge 8754.60000 Lao Kip 1529.30000 Lebanese Pound 110.30000 Sri Lanka Rupee 64.00000 Liberian Dollar 10.19700 Lesotho Loti 2.72840 Lithuanian Litas 0.78640 Luxembourg Franc 0.56130 Latvian Lats 1.31840 Libyan Dinar 8.84180 Moroccan Dirham 10.60400 Moldovan Leu 1867.00000 Malagasy Ariary 9150.46000 Malagasy Franc 48.78700 Macedonian Denar 6.55520 Myanmar Kyat 1145.49000 Mongolian Tugrik 8.12950 Macau Pataca 249.99000 Mauritanian Ouguiya 0.78640 Maltese Lira 34.95000 Mauritius Rupee 12.95690 Maldive Rufiyaa 145.25000 Malawi Kwacha 12.84450 Mexican Peso 3.60850 Malaysian Ringgit 24290.00000 Mozambique Metical 24.29000 Mozambique New Metical 10.22900 Namibia Dollar 119.87000 Nigerian Naira 20.05300 Nicaraguan Cordoba Oro 0.78640 Dutch Guilder 6.91350 Norwegian Kroner 77.42900 Nepalese Rupee 1.69220 New Zealand Dollar 0.38730 Omani Rial 1.02190 Panamanian Balboa 3.13280 Peruvian Nuevo Sol 2.60080 Papua New Guinea Kina 48.96800 Philippine Peso 81.27860 Pakistan Rupee 2.86030 Polish Zloty 0.78640 Portuguese Escudo 4742.50000 Paraguay Guarani 3.64750 Qatari Rial 29361.00000 Romanian Lei 2.93610 Romanian New Lei 68.68000 Serbian Dinar 27.01240 Russian Rouble 562.64000 Rwandan Franc 3.75740 Saudi Riyal 7.63360 Solomon Islands Dollar 9.00940 Seychelles Rupee 223.82000 Sudanese Dinar 2.23820 Sudanese Pound 2272.30000 Sudanese Old Pound 7.91520 Swedish Krona 1.49720 Singapore Dollar

SHP SIT SKK SLL SOS SRD SRG STD SVC SYP SZL THB TJS TMM TND TOP TRL TRY TTD TWD TZS UAH UGX UYU UZS VEB VEF VND VUV WST XAF XAG XAU XCD XEU XOF XPD XPF XPT YER YUN ZAR ZMK ZWD

1.74330 1.27260 0.04196 0.00034 0.00072 0.37040 0.00037 0.00007 0.11700 0.02229 0.10010 0.02905 0.29400 0.00019 0.73930 0.49000 0.00000 0.64790 0.16670 0.03050 0.00083 0.17610 0.00057 0.04393 0.00074 0.00047 0.46790 0.00006 0.00909 0.34340 0.00199 10.09000 737.10000 0.38310 1.27260 0.00199 228.00000 0.01095 857.00000 0.00501 0.01497 0.09864 0.00026 0.00120

0.57370 St. Helena Pound 0.78640 Slovenian Tolar 23.90790 Slovak Koruna 3033.72000 Sierra Leone Leone 1455.50000 Somali Shilling 2.78000 Suriname Dollar 2780.00000 Suriname Guilder 14645.00000 Sao Tome/Principe Dobra 8.92230 El Salvador Colon 47.05400 Syrian Pound 10.04290 Swaziland Lilangeni 35.42000 Thai Baht 3.40150 Tajikistani Somoni 5200.10000 Turkmenistan Manat 1.41260 Tunisian Dinar 2.07470 Tonga Pa'anga 1545510.00000 Turkish Lira 1.54550 Turkish New Lira 6.20100 Trinidad/Tobago Dollar 32.83330 Taiwan Dollar 1252.00000 Tanzanian Shilling 5.89700 Ukraine Hryvnia 1821.00000 Uganda Shilling 23.69800 Uruguayan Peso 1345.43000 Uzbekistan Som 2157.30000 Venezuelan Bolivar 2.15730 Venezuelan Bolivar Fuerte 17243.00000 Vietnamese Dong 115.10000 Vanuatu Vatu 2.92910 Samoan Tala 522.60000 CFA Franc BEAC 0.09950 Silver (oz.) 0.00136 Gold (oz.) 2.71100 East Caribbean Dollar 0.78640 ECU 522.60000 CFA Franc BCEAO 0.00451 Palladium (oz.) 95.04300 CFP Franc 0.00117 Platinum (oz.) 201.77000 Yemeni Rial 68.68000 Yugoslav Dinar 10.20000 South African Rand 4000.50000 Zambian Kwacha 876.47000 Zimbabwe Dollar

7. Albania uses the LEK. 8. 1 Canadian Dollar (CAD) = 1.29718 Turkish New Lira (TRY) 9. Monday, November 10, 2008 6:57 PM 1 US Dollar = 1.18990 Canadian Dollar 1 Canadian Dollar (CAD) = 0.84041 US Dollar (USD)