7 Most traded currencies to USD rates [M]




United States dollar (USD) : Symbol: $ and also use in the form of US$. Currency code: USD. The U.S. dollar as a currency is sometimes referred to as the greenback, bucks. The official currency of the United States and its territories per the Coinage Act of 1792. The latest forms of paper money being the Federal Reserve Note that was authorized by the Federal Reserve Act of 1913 while all existing U.S. currency remains legal tender. Since the convertibility of paper U.S. currency into any precious metal was suspended in 1971, the U.S. dollar is de facto fiat money.

Dow Jones FXCM Dollar Index Basket (FXCM: USDOLLAR) : Began on January 1, 2011, at a value of 10,000.00. Reflects the change in value of the US dollar measured against a basket of the most liquid currencies. Represents an equivalent $10,000 position in each of the currencies that make it up. Rises when the Dollar rises against the Euro, the British Pound, and the Australian Dollar and falls as the Dollar depreciates compared to these currencies. Trading Hours: trading opens on Sundays between 5:00 PM ET and 5:15 PM ET and closes on Fridays around 4:55 PM ET. Minimum Pip Cost (Value): $1 per point.

Euro area (Eurozone) currency : Euro (EUR) : Euro currency sign (symbol): € / c. Euro Currency code: EUR. Euro area country code: EU. 1 euro = 100 cents, 1€ = 100c. The countries of Euro area use the euro (€) as their sole legal tender and Euro is the official currency of 19 of the 27 member states of the European Union . Euro area is a monetary union of 19 of the 28 European Union (EU) member states. Euro nicknames: Fiber, Eυρώ (Greek), Eiro (Latvian), Евро (Bulgarian), Euró (Hungarian), Ewro (Maltese), Evro (Slovene), Euras (Lithuanian). Euro area (eurozone) central bank is European Central Bank (ECB) and the headquarters are in Frankfurt, Germany. The euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar.