Currency rate

The objects and commodities prices determine the currency price of the car, we say $ 10,000 or that the price of T-shirt $ 20, the currency prices also set in currencies other than to say that the dollar price of 120 yen or 3.5 Egyptian pounds and so on.
 Buy and sell currencyWhen you buy a currency against which you necessarily sell another currency.When you get on a currency you pay them another currency.The currency is obtained by the currency you are buying .. And the currency paid for it is the currency they sell.For example, when you get the U.S. $ and you pay for LE's say you bought the dollar and the pound sold, and vice versa, when you get on the Egyptian pound, you pay U.S. $'s say you bought a pound and sold the U.S. dollar.One can not get a currency exchange some smiles ..!!But to get the currency they must pay them another currency.
 Currencies are bought and sold in pairs ..The currency is obtained by the currency you are buying the currency in which paid for it is the currency they sell.Buying currency is sold to another currency necessarily, the sale of the coin is the purchase of another currency necessarily.
 High and low exchange ratesKnow that when increasing the demand for a commodity, the price goes up, when declining demand, the price decline.When more than willing to buy a commodity for a number of people wanting to sell and the price will rise when more than willing to sell a commodity for a number of people wanting to buy reduced price.This is called the Law of Supply and Demand.This law applies to currencies as it applies to anything else.If the number of people wanting to buy a currency more than the number of sellers, the price of the currency rise.If the number of people wanting to sell a currency more than the number of buyers, the price of the currency decline.For example: If I went to the cashier and asked him about the price of the dollar against the Swiss franc and the answer was that the U.S. dollar = 3.5 Swiss francs.In other words, you are required to pay 3.5 francs for one dollar.But if there was a lot of people want to buy the dollar, the price will rise and will reach to 3.6 Swiss francs, and then to 3.7 Swiss francs, and then to 4 Swiss francs, the greater the number of people wishing to pay the franc for dollars as the price of the dollar against the franc.What does it mean the price of the dollar against the franc?This means that you will be required to pay a greater volume of CHF for a dollar.This means that the dollar rises and the franc down interview.The high price of currency is the low price of the corresponding currency.And the low price of currency is the high price of the currency offset.Remember always ..When the price of the dollar = 3.5 francs, meaning that we are required to pay 3.5 francs for one dollar.When the price of the dollar Swiss Franc = 4 means that we required to pay a greater volume of CHF for one dollar.This means that the price of the dollar rose against the franc or the price of the franc fell against the dollar.This means that the dollar became more valuable than before and that the franc has become cheaper than before.When the price of the dollar = 3.5 francs, meaning that we pay Mtabann 3.5 francs for one dollarAnd when the dollar exchange rate = 3 francs, meaning that we are required to pay how much less than the franc for one dollar.Vafrenk become more valuable than before, has become how much less than enough to get one dollar, so we say that its price rose.
 And the dollar became cheaper by where he became one U.S. dollar equals how many less than a franc, so we say that the price dropped.So you know that the high price of currency is the low price for the counter currency necessarily.And that the low price is high for the currency exchange rate Almkabp necessarily.Learn that the reason which calls for people to buy currencies of other countries are used for the purpose of trade or investment, or travel.If the number wishing to trade or investment, or travel to the country will increase demand for its currency and thus the price will rise and vice versa.Therefore, the movement of supply and demand causing rise and fall of currency prices over time in all parts of the world.Do you've had an idea?!Since currencies rise and fall all the time why do not are always looking for currencies in which we expect high prices Venctrea then sell at a higher price and make a profit?A good idea is not it?Remember in the example of the previous car we've bought a car when we expected that the price will rise, and when we have already gained access to sell and profit.We will deal with currency as we do with cars and also dealing with any other good ..Will buy the currency when they go down and sell when it rises and we get a profit from it.We will deal with the currency as a commodity ..And here comes the second category of people who buy and sell currencies.They Speculators ..!!Remember we said that the vast majority of individuals and nations to buy a currency for use to buy goods and services for the purpose of any use as an instrument exchange.The speculators They buy a currency for use to buy something, but to sell when the price rises to make a profit from behind they are dealing with any commodity, currency exchange is not a tool.As the currency goes up and down all the time, they can achieve a lot of profit ..Buy and sell currencies at a higher price Vihakqon profit.Or sell currencies and buying back at a lower price Vihakqon profit.This is what you will do ..!!Will search for what you expect the currency to rise the price Vtstraeha and when the price rises will be sold at a higher price and get more profit.Or will the search for what you expect the currency to drop the price Vtabieha the high price and low price when you buy at a lower price, and keep the difference as profit.And repeat this process on an ongoing basis ..If ratified it will become your expectations of the owners of millions Believe me ..!!This is what you will learn to do in the rest of this topic.