What do all the terms mean? I know this sounds stupid but it onfuses me. I have British satellite (Sky) and on shows I always hear and see things like "P", "Quid" "Pence" etc.
I'm assuming that Quid and P both refer to pounds but sometimes I will see prices like 50p for something small and other times for something quite large and obviously not cheap.
I currently use an SSB brokerage/CMA account, but need an account that can carry multiple currencies, allow me to trade on multiple exchanges and allow basic cash management, such as bill pay and normal checking-like features. Any idea if one like this exists?
I am going to costa rica and i need to exchange US currency for currency used there where should i do it?
Cheap and efficent?
What exactly is the currency
and what do u recommend for travelers to use as money if they don't want to get a ton of currency
I'm looking for a 5 goudes Haitian dollar bill feautring the picture of François "Papa Doc" Duvalier in the center.
Im only looking to invest a small amount of money ( < $500)and im hoping that this will return more money which i can later invest to turn addition returnes
Should Central America do the same?
By calling it the Cental - Dollar?
I want to do some investing, what pitfalls are there in the following type of currency maket investing?
I will use 10,000 euro and buy dollars with this at the current exchange rate off about 1.55. When the dollar gains or the Euro weakens, to a rate of 1.3 I will sell the dollars and buy Euro thus making a profit.
What problems are there with this apart from the commission the bank will charge me?
Thanks for the info:
I have the money spare, so I can sit out the time, of course I would have to make a bigger profit than leaving it in the bank. But a serious amount of money can be made with bigger sums. I expect the dollar to gain after the November elections.
What is the best currency to use in the Dominican Republic??
I have heared that they prefer USD rather than their Pesos. Is this true?
Also has anyone got any tip as im going there in a couple of weeks??
Im from the UK so maybe GBP or the Euro??
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