Currency Calculator and Conversion Links

To assist you in your international travels, we have located the following currency conversion and exchange rate calculator sites on the internet. They all update their databases daily, with the effective date of exchange rate posted on their pages.

• Bank of Canada Currency Converter - Updated daily at about 1 p.m. EST.
  
  
• Oanda - Current or historical data for 164 currencies. Based in Switzerland.
  
  
• XE.com - Home page display includes a chart with current rates for several currencies, and an interactive converter using live, up-to-the-minute currency rates. Based in Canada.
  
  
• Yahoo Currency Converter - Comprehensive information from an old internet favorite - Yahoo!
  
  
• A Tip for Exchanging Money Overseas - using your ATM bank card can save you money in exchange rates. PLUS and Cirrus cards can be used in the USA and in well over 100 other countries worldwide. Transactions made using these cards are processed at the current wholesale exchange rate - which may be up to 5% lower than the local exchange rate (without the extra service fees charged by the institution changing your money for you).
  
  
• Book: A Foreign Exchange Primer, Second Edition - Building on a very popular first edition, A Foreign Exchange Primer, Second Edition provides an extremely accessible and up-to-date reference for anyone who wants to work or trade in this unique market.
  
  The book begins with a market overview to introduce readers to this trillion dollar financial market before going on to foreign exchange products such as spot foreign exchange; forward contracts; short- and long-dated contracts; broken-dated contracts; non-deliverable forwards; foreign exchange swaps; currency swaps; foreign exchange options; picturing profit and loss of options; foreign exchange futures and exchange for physical. The book then goes on to discuss essential knowledge required in order to understand the foreign exchange market, with advice on foreign exchange dealing rooms; managing the relationship with an institution; foreign exchange dealings; foreign exchange market orders; electronic foreign exchange trading and margin trading. The book concludes with a discussion on the differences between fundamental and technical analysis, covering their different approaches, key factors impacting currencies and a brand new chapter on market psychology.
  
  Fully updated from the 1st edition, A Foreign Exchange Primer, Second Edition provides a clear understanding of how this market functions, from the main products through to the techniques used, coverage of the main participants, details of the various 'players' and an understanding of the ‘jargon’ used in everyday dealings in order to equip readers with all the practical skills necessary to understand the foreign exchange market today.
  
  

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One of the gladdest moments of human life, methinks, is the departure upon a distant journey into unknown lands. Shaking off with one mighty effort the fetters of habit, the leaden weight of routine, the cloak of many cares and the slavery of home, man feels once more happy. -- Sir Richard Burton

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