Was just wondering what your opinions are on when USD forex will go back to pre covid levels. I get paid in USD in my online job and I consider it my extra savings so I’m thinking of what to do, if I should convert or wait. I talked to someone I know who works at a private bank here in the PH and their analysts opinion is baka 1st quarter of 2021 pa.
Transferring money from Canada and Forex rates : wire transfer versus Transferwise
I plan to transfer more than 100000 CAD from India. Indian rupees(INR) to CAD; Indian bank account flat fees+ foreign exchange rate + a flat fee of 15-20 CAD from Canadian bank account. My service fees for both banks are less than 50 CAD ( 1000 INR + 20 CAD + taxes). Do get a bad exchange rate?YES!!! Approximately for every 100000 CAD transfers not done through Transferwise I loose 1400 CAD ICICI Minimal Remittance Service Charge (B) (Inclusive of GST):
INR 11390.00 for 1 Million INR
INR 2693.00 for 100000 INR
INR 3939.55 for 10207 CAD (max allowed is 10000 USD)
Fees are higher INR2756 more
So for 100000 CAD
you pay 2756 X 10 =27560 INR more
But you also get 200 X 10 = 2000 CAD more
Net gain 2000CAD - 506.71 (27560/54.39)= 1400 CAD
Fee charged by Canadian bank for transfer wise; for Indian bank(ICICI),it is around 16 CAD ~20 CAD
Transferwise caps a maximum f 10000 USD per transfer; I simplified calculation and equated 1USD= 1 CAD ; that’s incorrect.
For every 100000 CAD transferred to Canada from ICICI, you loose 1400$
I want to get my money changed to some other currency, let's say GBP, and currently, the rate is 85.71 Rupees/ GBP. I went to a lot of dealers and none of them quoted less than 88 Rupees. Now I want to understand how is this 88 rupees decided since the rate today is about 86. They probably have their commissions but when I ask them about the current rate, they say that it is due to some RBI standardized rate or something. Can somebody break this down for me?
Exchange CAD to INR at best Rate only at Bookmyforex.com. Here, you can save up to 90% by exchanging CAD to INR. You can also find the best CAD Dollar rate here. Hurry up! Search for Bookmyforex.com and convert CAD to INR in very easy steps. #cadtoinr
When the cards are rolled out to the EU, and presumably will default to Euros, how will they work when using them in non-Euro countries? Will I be able to pay with Euros in Poland, Norway, etc? And if so, how much will it cost me? Will Crypto.com work like Revolut and exchange at the market rate? If so, Crypto.com would become a super-charged much better Revolut with actual cashback and benefits. Looking forward to some insights. Worst-case scenario, I'll test it out when it comes... (if ever)
North American Edition. Dollar and yen firmness, and sterling underperformance has continued for a second day. The narrow trade-weighted USD index (DXY) lifted to a one-month peak at 93.64, extending the rebound from the 29-month low that was seen last week at 91.75. Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or ... Free foreign exchange rates and tools including a currency conversion calculator, historical rates and graphs, and a monthly exchange rate average. FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. OANDA's currency calculator tools use OANDA Rates ™, the touchstone foreign exchange rates compiled from leading market data contributors.Our rates are trusted and used by major corporations, tax authorities, auditing firms, and individuals around the world.
Lesson 6.1: What is swap in forex trading? - YouTube
🤟 Discord 🤟: https://discord.gg/W9SkpvV Recommended Forex Broker ICMarkets: http://www.icmarkets.com/?camp=38580 myfxbook Live Results https://www.myfxbook.c... Want to see how to use these two amazing scalping indicators? Click this link to see a live trading session: https://goo.gl/Douo8S If you want to learn more ... Get more information about IG US by visiting their website: https://www.ig.com/us/future-of-forex Get my trading strategies here: https://www.robbooker.com C... Too often new traders come into the market without getting to know the most fundamental components of foreign exchange and how currencies work. So we decided... Learn How To Trade: Join The Fx220 1 on 1 Mentoring Program and Course! For all information and Enrollment contact us on: Facebook: https://www.facebook.co...