Q:

How can you find financial exchange rates?

A:

Quick Answer

Find financial exchange rates through online resources offering live updates on world currency conversions. News media websites such as CNN.com, Reuters.com and Bloomberg.com feature pages containing currency converter tools along with foreign exchange cross rates. Exchange rate histories are also available at GlobalFinancialData.com.

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Full Answer

A financial exchange rate is defined by the value of one currency in relation to another. The foreign exchange market, or forex, determines the value of the U.S. dollar, which has risen to replace the gold standard as a global currency. Individual nations measure their economies by using their gross domestic products to calculate private and public spending.

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