Discussion of Forex Trading and Currency Trading

What is $20 JMD to CAD currency?

January 14th, 2011 stanley

I am not very good with currency exchange and it just confuses the hell out of me lol so i’m hoping someone can help out. I have a $20 Jamacian coin and I want to know how much it would be worth in Canadian dollars. When I tried out one online, it came out as:
20 Jamaican Dollar = 0.24042 Canadian Dollar
20 Canadian Dollar (CAD) = 1,663.78 Jamaican Dollar (JMD)

So does that mean $20 Jamaican its worth 24 cents Canadian?
And that $20 Canadian would be worth $1663 Jamaican?

I have no idea, any help would be appreciated, Thank you!

What is the most highly valued currency?

January 14th, 2011 stanley

Officially the Kuwaiti Dinar is the most highly valued, however, i’ve stumbled across the Seborga Luigini. Seborga is a principality situated between Italy and France.

A Kuwati Dinar is $3.54 and the other one is exactly $6.

This left me wondering if there were any more unknown currencies at an even higher value.

How much longer will the US dollar remain the world’s reserve currency?

January 14th, 2011 stanley

I am going to assume that you know what the hell is going on in the financial world today

How to explain the rule of rounding the currency in Swiss franc?

January 14th, 2011 stanley

Hello, I need your help…

How can I explain to a customer that the currency CHF will be either rounded down or up? Its really difficult to explain that and I have no idea >_<

Thank you in advance and sorry English is not my first language…

How much is 600000 dollars in 1764 worth in current day currency?

January 14th, 2011 stanley

Like you know how people in the early 1900’s could go to the fair with 15 cents?
Kinda like that but how much would 600000 dollars be worth compared to today

In the United States, paper currency is printed at the?

January 14th, 2011 stanley

a. Bereau of Engraving and Printing
b. Federal Reserve District banks
c. U.S. Mint.
d. U.S. Treasury

You deposit $1000 into a bank. Suppose banks hold reserves 10% and people hold no currency outside of banks.?

January 13th, 2011 stanley

What will be the amount of new money the banking system can create as a result of the deposit. Please show work

Objective answers only please? Why do some argue that fiat currency is superior to a gold-backed currency?

January 13th, 2011 stanley

…and vise-versa?

Which countrys currency is lower?

January 13th, 2011 stanley

I am shopping online at H&M and i need to know what country’s currency is going to make me pay less with my united states currency
these are the country’s:
Australia
Finland
Denmark
Germany
Holland
Sweden
Germany
Norway
Swedish Finland
United kingdom

where can i exchange currency in houston texas?

January 13th, 2011 stanley
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