list of major currencies and countries involved in forex trading

Main currencies and countries

• AUD Australian dollar (Australia)
• Bitcoin BTC (Bitcoin)
• CAD Canadian dollar (Canada)
• Swiss franc CHF (Switzerland)
• DKK Danish krone (Denmark)
• EUR Euro (Eurozone)
• Pound sterling (England)
• ILS Shekel (Israel)
• JPY Yen (Japan)
• Norwegian krone NOK (Norway)
• NZD New Zealand Dollar (New Zealand)
• Zloty zloty (Poland)
• RUB Russian ruble (Russia)
• Swedish Krona SEK (Sweden)
• TRY Turkish Lira (Turkey)
• US dollar US dollar (US)
• ZAR Rand (South Africa)

What is the exchange rate?

An exchange rate is the value of one currency in relation to another. Indeed, a currency, by definition, does not have an absolute value, but a value relative to another currency. Then we talk about currency parities. The exchange rate or currency quote in the Forex market constantly fluctuates depending on supply and demand. Expressed up to 4 decimal places. The last decimal place is called "pip" in currency jargon.

Let's take an example, our table shows a quote of 1.3752 for EUR/USD parity, i.e. parity of the euro against the US dollar. This means that currently 1 euro is equal to 1.3752 US dollars.

Exchange rates for various currencies are updated automatically every minute. For more information, you can also refer to the candlestick chart of each parity in the D1 time frame. This means that each candle corresponds to the evolution of the price in 24 hours. You also have access to technical video analysis conducted by a financial expert to inform you about future trends in major currency parities. If you want to exchange currencies for the purpose of trading, you also have access to an online broker or a broker offering the lowest spreads (commissions) for each of the parities.

List of different exchange rates available on our page (major currency parities):

EUR/USD: Euro vs. US Dollar GBP/USD: Pound Sterling vs. US Dollar USD/JPY: US Dollar vs. Yen USD/CHF: US Dollar vs. Swiss Franc USD/CAD: US dollar against dollar Canadian EUR/JPY: euro against yen AUD/USD: Australian dollar against US dollar EUR/GBP: euro against pound sterling EUR/CHF: euro against Swiss franc EUR/AUD: Euro vs Australian Dollar EUR/CAD : Euro vs Canadian Dollar GBP/JPY : Pound Sterling vs Yen CAD/JPY : Canadian Dollar vs Yen USD/DKK : US Dollar vs Danish Krone USD/ILS : US dollar versus Israeli shekel USD/NOK : US dollar versus Israeli shekel Norwegian krone USD/PLN: US dollar versus Polish zloty USD/RUB: US dollar versus Russian zloty USD/SEK: US dollar versus Swedish krona USD/TRY: US dollar versus Turkish lira USD/ZAR: US dollar versus Turkish lira African rand NZD/USD: New Zealand dollar versus US dollar

In some cases, exchange rates are set by governments, which is common in most underdeveloped or developing countries, this is called fixed rates. We can, for example, take the yuan, the currency of China, as an example. On the other hand, major currencies, which are referred to as major currencies, have floating rates. They fluctuate depending on supply and demand in the global Forex market.

Real-time currency converter

The Forexagone Currency Converter allows you to convert an amount from one currency to another at the current exchange rate (specified to 4 decimal places and updated automatically every minute). You can use it to convert any amount to any of the world's major currencies: AUD, BTC, CAD, CHF, DKK, EUR, GBP, ILS, JPY, NOK, NZD, PLN, RUB, SEK, TRY, USD, ZAR.

This tool allows you to perform currency conversion and offers you in real time all foreign exchange rates updated every minute.

First, enter the amount to convert in the corresponding field. For decimals, you can use either a period or a comma. Then select the input currency to convert and then the output currency using the drop-down menus. Please note that you can invert two currencies at any time by clicking on the button dedicated to this purpose. Then click "Calculate" to know the conversion result.

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You can also familiarize yourself with fraudulent brokers.

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