Media Blog
How Fluctuating Currency Exchange Rates Can Affect the Stock Market
It isn’t common knowledge, but fluctuating currency exchange rates can influence the stock market. For example, in 2015 the Central Bank of Switzerland had a major impact on stock markets as they abandoned their policy of keeping the value above the Swiss franc down compared to the Euro. By the end of the 15th, the [...]
Continue readingBuy Currency Online Securely
If you need to purchase currency online, it is important to find a website that has the appropriate security so that your private information is protected. Don’t just choose any website out there; double-check if they have an SSL certificate, secure website and other security measures to protect your billing information. When you search for [...]
Continue readingPurchasing Foreign Currency Quickly
It is often beneficial to be able to purchase foreign currency quickly, as you may want to benefit from a strong exchange rate, or you may have a trip coming up soon that you need to purchase currency for. You don’t want to spend a lot of time having to wait in lines, deal with [...]
Continue readingBuy Currency Long Before You Travel
If you are planning a trip to another country soon, you should buy a currency long before your leave date. You do not want to wait until the last second to purchase currency because you will almost always spend more money than you need to. In most cases if you wait, you will have to [...]
Continue readingGlobal Factors that Can Influence the Currency Exchange Rate
Several different global factors influence the currency exchange rate for every country daily. You probably already know that currency exchange rates fluctuate very quickly. Actual factors that influence exchange rates are very complicated and numerous, but there are a few factors that have an almost immediate and often noticeable impact on currency exchange rates. As many [...]
Continue readingShould You Buy Foreign Currency Locally?
With so many options to buy currency online it can be difficult to decide whether you should purchase it locally or from a website. There are benefits and disadvantages to both options, but in many cases, you will benefit from purchasing it online in several ways. You will usually save more money and time on the [...]
Continue readingWhy Buying Currency Before You Travel Makes Sense
Buying currency before you travel makes a lot of sense in a majority of cases. You will typically save money on most currency purchases if you choose to buy it ahead of time rather than waiting until the last second to try to find a currency exchange. You will also be able to take care [...]
Continue readingAvoid Low Quality Currency Exchanges
You should do your best to avoid low quality currency exchanges whether they are in your local town or online. There’s no sure way to do this other than performing your research very carefully and making sure that any company you do business with has the appropriate experience and licensing. The currency exchange business is [...]
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