![]() To view the historical conversion rates between the US Dollar (USD) and major global currencies, simply select your time frame, and the page will display a graph showing the movement of the exchange rate between the two currencies with time. Yes, you can view historical conversion rates for time frames varying from 1 day to 5 years. Our currency converter pulls real-time exchange rates for all major global currencies from multiple data sources every 5 minutes. Are the conversion rates updated in real-time? ValutaFX has been trusted by users across the globe since 2015. In the case of a few currencies that are thinly traded, ValutaFX data may show variations from official rates. This data is then cross-checked by ValutaFX to further refine it for accuracy and precision. The ValutaFX currency converter sources its exchange rate data for 130 global currencies from the most authoritative sources of financial information on the web. How accurate is the conversion rate provided on this page? The Iranian Rial (IRR) is the world's least expensive currency. ![]() Which country's currency has the lowest conversion rate? The Kuwaiti Dinar (KWD) is currently the most expensive currency. What is the most expensive currency in the world? Some experts advise trading currencies during these periods when market volume and liquidity are highest. However, global trading volumes tend to peak each day between the hours of 8:00 am to 12:00 pm ET in the United States because two of the largest currency trading centers - New York and London - are both open at that time. This means that one can convert currencies during any time within this window. What is the best time to exchange currencies?Ĭurrencies are traded on the global market 24 hours a day, 5 days a week. All these factors impact the currency exchange rates between countries. Sometimes, countries also deliberately follow monetary policies that allow the values of their currencies to appreciate or depreciate in pursuit of specific economic objectives. If one country's currency is in demand in the international market, its value is likely to go up. The values of currencies are determined by many factors including the state of a country's economy as well as the forces of supply and demand. Why do currency exchange rates fluctuate? When users input the currencies they want to convert between, the ValutaFX converter uses these values to convert from one currency to the other. The ValutaFX currency converter works by collecting real time currency exchange rates from the leading currency exchange rate data providers. How does the ValutaFX currency converter work? The ValutaFX currency converter can convert over 130 currencies including USD, EUR, GBP, INR, AUD and CAD to name but a few. Currency Converter FAQs Which currencies can be converted using the ValutaFX currency converter?
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