Media Blog
When is the right time to buy foreign currency?
If you have a trip scheduled, you might be wondering when the right time is to buy foreign currency, or you may be planning on waiting until you travel to buy foreign currency. In most cases you want to buy foreign currency well ahead of your trip, because if you wait until you arrive at [...]
Continue readingSaving money on foreign currency exchange
There are several ways in which you can save money on foreign currency exchange if you ever need to exchange currency, and you should take advantage of these methods to save money to reduce your expenses whenever possible. One of the best ways to save money on foreign currency exchange is to use a service [...]
Continue readingInflation and the currency exchange rate
Inflation is one of the biggest economic factors that influence the currency exchange rate, but there are several other factors that influence it as well. Inflation is thought to affect the currency exchange rate by depreciating the value of a country’s currency, while the value of currencies of countries that are in a period of [...]
Continue readingHow to save money on foreign currency exchange
If you need to purchase foreign currency, there are several ways in which you can save money on currency exchange. If you use a service like XChange of America you can save tens or even hundreds of dollars on foreign currency exchange because we charge you much less than other services. If you wait and [...]
Continue readingHow to forecast the currency exchange rate
The currency exchange rate fluctuates based on many factors. If you get good at forecasting the currency exchange rate, you can actually make money by selling currency before it drops in value, or buying currency before it rises in value. The currency exchange rate is dictated by several complicated factors, but some of them are [...]
Continue reading