FX 101

Types of currency reserves Globally, currency reserves are dominated by a large allocation to US dollars and also precious...

First exchange rates The oldest currency pair that is still traded to this day is GBP and USD, and...

Foreign currency reserves — a necessity for economic stability and global trade If a country engages in trade with...

20. Mozambican Metical (MZN) Before the metical in Mozambique there was the escudo, until it was replaced in 1980....

What are exotic currencies? The term ‘exotic currency’ is a catch-all term for any kind of currency or currency...

Putting a name to the characteristics of the market Like any sectors, foreign exchange and other financial service businesses...

Pegged to the Euro Because of the strong economic and political interlinkage in Europe, a number of countries had...

What is a currency board or “peg”? A currency board is sometimes also referred to as a currency peg....

Market movement factors While the market will often move for unknown reasons, following how analysts will make stock predictions...

Currency vs cryptocurrency As we explained in our currency vs money article, currency is simply a form of money,...

What makes a currency strong? It is first important to establish what makes any currency strong. The strength of...

What is a safe haven currency? The name safe haven implies something of a port in a storm, which...