XE Exchange Rates
The foreign exchange market is basically over the counter, meaning that there is no reporting involved and no stock exchange trades. Basically, people will just agree on the trade and the way that it’s settled. Forex is just that type of market, where brokers talk directly and decide on a course of action. The XE exchange rates are seen on a XE Currency Converter, which is a tool which is quite popular among many. It’s known for the reliability of the data and the currency exchange rates which are offered.
XE is the short form of the company’s initial name, which at the time was Xenon Laboratories. The founding of the company dates back to 1993 and for a long time now it remained focused on a single mission, converting currency. The XE exchange rates can be found out without having to deal with too much clutter on their site and they don’t have any gimmicks or ads to take away from the experience. You will find it very easy to learn how to use the converter and you can find out what are the XE exchange rates for around 180 currencies from all over the world. There are some currencies which are obsolete, but those are marked with the help of an asterisk.
You can also get historical XE exchange rates, with the help of their full currency converter. This one is especially useful for traders on the foreign exchange market, as it helps them make decisions, by offering them information on the past performances and trends of various currencies. A great thing about the XE exchange rates is that it doesn’t cost you anything to access this information.
The most important ten currencies are shown on the site and the next 85 are also listed after that. On the same page you can find info on the exchange rate for precious metals.