Question: Currency spot exchange rates are widely available on the Web
Currency spot exchange rates are widely available on the Web. For example, at Yahoo! Finance (http://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 (http://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.
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