Currency rate

Currency rate


The objects and determine the prices of commodities exchange price of the car, we say $ 10,000 or that the price of $ 20 shirt, the currency prices also determine other currencies to say that the dollar price of 120 yen, or 3.5 pounds of Egyptian and so on. Buy and sell currency

When you buy a currency against which necessarily sell another currency.

When you get the coin you pay for it another currency.

The currency is obtained by the currency you are buying.. And the currency paid for it is the currency you are buying.

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 and 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 against which they must pay 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 you are buying.

The purchase of currency is the sale of another currency necessarily, And the sale is to buy currency to another currency necessarily.

AHEIGHT and low exchange rates

Learn that when the demand for a commodity, the price goes up, and when demand drops, the price decline.

When more than willing to buy goods on the number wishing to sell will increase the price and when there are more who want to sell a commodity on the number wishing to buy will decrease in price.

This is called the law of supply and demand Supply and Demand.

This law applies to currencies as it applies to anything else.

If the number wishing to buy a currency more than the number of sellers, the price of the currency rises.

If the number wishing to sell a currency more than the number of buyers, the price of that currency to decline.

For example:If you go to the cashier and asked him about the price of the dollar against the Saudi Riyal and the answer is that the dollar = 3.5 SR.

In other words, you are required to pay 3.5 riyals 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 SAR and SAR to 3.7 and then to 4 SAR, and the greater the number of people willing to pay Real Madrid for a dollar more the price of the dollar against the riyal.

What does the high price of the dollar against the Real Madrid?This means that you will be required to pay how much larger than the Saudi riyal to get dollars.

This means that the dollar rises and drops Rial interview.

The high price of a currency is a low exchange rate for the corresponding.

And the low price is a high currency exchange rate for the corresponding.

Remember that always..

When the price of the dollar, SR = 3.5 means that we required to pay 3.5 riyals for one dollar.

When the price of the dollar = 4 SR means that we are required to pay a greater range of riyal for one dollar.

This means that the price of the dollar rose against the rial or riyal fell against the dollar.

This means that the dollar became more valuable than before and that Real Madrid has become cheaper than before.

When the price of the dollar = 3.5 Real meaning that we pay Mtabann 3.5 Real for one dollarWhen the dollar becomes SR = 3 means that we are required to pay how much less of the Saudi riyal for one dollar.

Variyal become more valuable than before where he became less how much of it enough to get one dollar, so we say that its price rose. And the dollar became cheaper by where he became one dollar equal to how much less than the real, so we say that the price dropped.

So you know that the high price of the currency is reduced to the corresponding Saralamlh necessarily.

And that the low price is a high currency rate currency Almkabh necessarily.

Know that the reason that calls for people to buy currencies of other countries are to be used for trade, investment or travel.

If the number wishing to trade or investment, or travel to the State will increase the demand for its currency and thus the price will rise and vice versa.

Therefore, the movement of supply and demand cause prices rise and fall of currencies around the clock and around the world.

You've had the idea to you?!

Since currencies rise and fall all the time to seek again, why always looking for the currencies that we expect high prices and then sell Venctrea at a higher price and achieve a profit?Is not a good idea as well?Mentioned in the previous example of cars that we have to buy a car when we expected that the price will rise and then when we have already sold up and get the profit.

We will deal with the currency as we deal with the cars and also deal with any other commodity ..

Will buy when the currency goes down and sell when we get up and 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 are speculatorsSpeculators ..!!

We remember we said that the vast majority of individuals and nations to buy a currency used to purchase goods and services for the purpose of any exchange Astkhaddamhakadah.

The speculators are buying currencies do not understand the purpose of using it to buy something, but to sell when the price rises to make a profit out of it any currency they are dealing with a commodity exchange is not a tool.

As currencies rise and fall all the time that they can achieve a lot of profits ..

Buy and sell currencies at a higher price Fahakqon profit.

Or sell currencies and purchase them again at a lower price Fahakqon profit.

This is what you will do ..!!

Will search for what you expect the currency to rise Vtstraeha price rises and when the price will be sold at a higher price and you get profit.

Or will the search for what you expect the currency to drop their price Vtabieha high price and lower price when you purchase at a lower price, and keep the difference as profit.

And will repeat this process on an ongoing basis ..

If you are sincere your expectations will become millionaires .. Believe me!!