Currency Rate History Tool
Track historical exchange rates between currencies over the past 30 days. View trends, highs, lows, and percentage changes to make informed decisions about currency exchanges, international payments, and forex trading.
Understanding Currency Exchange Rates
Currency exchange rates fluctuate constantly based on economic factors, interest rates, political stability, and market sentiment. Tracking historical rates helps you identify trends and time your currency exchanges for better rates.
What Affects Exchange Rates?
- Interest rates: Higher rates attract foreign investment
- Inflation: Lower inflation strengthens currency
- Trade balance: Export-heavy economies have stronger currencies
- Political stability: Uncertainty weakens currencies
- Central bank policy: Monetary decisions impact value
Tips for Currency Exchange
Monitor rates over time to identify favorable exchange windows. Avoid exchanging at airports or hotels where rates are typically worse. Consider using a forex broker or online service for better rates on large transfers.