How to Read and Calculate Currency Exchange Rates

Content FTSE 100: Vodafone shares up as UK price rises boost sales Business Buying power of $1 in 1800 How Does a Currency Conversion Calculator Work? As financial middlemen, most will set exchange rates of their own at bid-ask spreads that return a percentage as profit for doing business. Calculating exchange rates may seem simple on the surface, but it can be confusing if you don’t remember much math from school. An inflation calculator shows you the value of the same sum of money at different times in the past and the future. Estimates of future prices and values are usually based on projections using the average inflation rate – […]