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What can you compute with the Yahoo! currency converter?

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Quick Answer

The Yahoo currency converter allows users to use the current exchange rate between two national currencies to determine what one is worth in terms of the other. People use the currency converter to compute the ideal time to make an international expenditure, close an investment or take a vacation.

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Full Answer

The Yahoo currency converter also supplies users with basic educational tools, ranging from straightforward information about currency trading instruments to more complicated topics such as the difference between fixed and floating exchange rates or the role of central banks in rate fluctuation. The currency converter features every recognized national currency and is updated daily to reflect changes in the market.

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