Q:

How do you find the current Forex exchange rate?

A:

Quick Answer

Investors can find the current foreign exchange rate on X-Rates.com and USForex.com. The foreign exchange rate is also called the forex rate, FX rate and Agio, and is the rate at which a person can exchange one country's currency for another country's currency.

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Full Answer

X-Rates.com compares the U.S. dollar to other foreign currencies. The website lists the Top 10 foreign currencies and shows the value of each currency versus one U.S. dollar. Top currencies include the Euro, British pound, Indian rupee, Australian dollar and Canadian dollar, as of September 2015. Website users can also view a list of foreign currencies in alphabetical order. Another table on the website shows the percent change in the exchange rate over the last 24 hours.

USForex.com also has a table of exchange rates on its website where investors can compare the U.S. dollar to other currencies. The website warns investors that although the table contains near-real-time rates, they should not use the information for investment purposes. Website users have the option to change the cross base rate to the Euro, British pound, Australian dollar, Singapore dollar and Hong Kong dollar, among other currency options. They can also view a graph of the change in exchange rates over the last week or another specified time period.

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