Because i know currency is based on supply and demand of a currency or another, so the value of a currency should depend of the commercial bank from which you would like to exchange your dollars against euros for example, but when you go to websites like Yahoo finance they give you the currency, like 1£=1.10€, so do they all agree on this value?
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May 26th, 2009 at 6:12 am
Depends on how often these sites update their currencies.
Because some update at different times the values are not always consistent across each site when you check them up.
If I were you I would use government sites that measure it. They are usually updated every second so are more accurate. However, it can be difficult to establish exactly how much 1 pound is by equivalent to the euro