What currency tool?

Discussion in 'Markets & Economies' started by Shaddam IV, Aug 8, 2011.

  1. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    I am trying to find out the official AU-US dollar exchange rate, but each site I look at gives me a different answer, for example OzForex says 1.0145, another site says 1.024. When I hear an exchange rate mentioned on the media for example, where do they get their figure?
     
    Shaddam IV, Aug 8, 2011
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  2. thatguy

    thatguy Active Member

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    thatguy, Aug 8, 2011
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  3. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    There is no "official" exchange rate, just the going rate in the market(s).

    I use the OzForex rate because that's who I'd be using if I was exchanging currency for real.
     
    Big A.D., Aug 9, 2011
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  4. Blockhead

    Blockhead Active Member

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    http://www.goldprice.org/silver-price.html i find to be a useful chart, you can go from ticks to monthly, has every major currency pair as well as a bunch of other instruments and commodities, it's like a much more advanced version of the basic charts at the top of the forum
     
    Blockhead, Aug 9, 2011
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  5. fishball

    fishball New Member Silver Stacker

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    I use XE
     
    fishball, Aug 9, 2011
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