Currency spot exchange rates are widely available on the Web. For example, at Yahoo! Finance (finance.yahoo.com/currency) you

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Currency spot exchange rates are widely available on the Web. For example, at Yahoo! Finance (finance.yahoo.com/currency) you can find the exchange rates between more than 150 currencies. The calculator the site provides computes the amount of one currency resulting from converting money in another currency. You can also see a graph of the desired exchange rate for a history of up to five years. Daily and monthly historical data for the dollar exchange rates are available at the Federal Reserve website (research.stlouisfed.org/fred2/). Many of the exchange rate data are available for more than 30 years. See how exchange rates have changed over the years.

Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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