US dollar foreign exchange rates
Currencies below quoted against USD (base currency): Feb 20, 2018
Which currency is the most secure to hold savings in, so that they wouldn't decrease in the value over time?
Nico, thank you for a question. It’s hard to say which currency is the most reliable and stable for your own personal capital, yet the smartest thing to do would be to choose the currencies that are acknowledged as the most secure and popular in the world. If you own particularly large amount of money, you should do a better research and hire a financial consultant who would analyze which currencies are the best for your savings and determine what meets your needs. Some of the currencies that are considered to be the most secure are: Norwegian krone, euro, US dollar, Swiss franc, Swedish krona, British pound, Canadian dollar, Japanese yen.
Good day, is it better to bring US dollars or euros exchange to Thai bats in Thailand? Thanks!
Ted, the best idea would be to possess Thailand’s local currency - Thai baht, you’ll be able to exchange dollars or euros when you arrive, because there are plenty of currency exchange points in Thailand. However, I would recommend taking the money out of the cash machine: it will be safer and the exchange rate will be better. If you’re only interested in getting advice on whether to bring US dollars or euros, then I would suggest choosing dollars. Good luck!
Is there any possibility that a dollar will ever become equal to euro (dollar-euro parity)? When could this happen? What does it depend on?
Paul, there is always a possibility that this could happen and more and more people are starting to talk about it. It is influenced by a wide range of factors. I suggest analysing the situation based on these facts:
- The economy of the United States is very strong at the moment.
- A responsible US FED’s approach to raising interest rates cautiously.
- The investors start to acknowledge USA.
- The euro zone is not entirely stable at the moment (Roughly speaking - low interest rate (it’s unclear when when will it rise), Germany recession, refugees, terrorism).
There is no way telling when would euro become equal to US dollar, but it’s very possible if the situation in the eurozone doesn’t improve. You should keep track of out currency news in order to gain a better understanding of the future prospects.
How much is 10 400 000 RUB converted to US Dollars? How can I exchange it?
- Currency exchanges
- Bitcoin, cryptocurrency
- Money, banknotes