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The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.

If all goods were freely tradable, and foreign and domestic residents purchased identical baskets of goods, purchasing power parity (PPP) would hold for the exchange rate and GDP deflators (price levels) of the two countries, and the real exchange rate would always equal 1.

Convert currencies using interbank, ATM, credit card, and kiosk cash rates. Daily Foreign Exchange Rates or.th/English/Statistics/Financial Markets/Exchange Rate/... Currency Converter - Google Finance https:// Get real-time stock quotes & charts, financial news, currency conversions, or track your portfolio with Google Finance. Finance finance.yahoo.com/currency-converter Currency Converter from Yahoo! Foreign Exchange Rates & World Currencies - Bloomberg https:// Current exchange rates of major world currencies.

Historical Exchange Rates · Average Exchange Rates · Live Exchange Rates Exchange Rates - X-Rates foreign exchange rates and tools including a currency conversion calculator, historical rates and graphs, and a monthly exchange rate average. NOTICE: Myanmar's central bank has set a reference exchange rate under a managed float currency regime starting from 02 April 2012. Find updated foreign currency values, a currency converter and info for foreign currency trading.

This reduces rounding issues and the need to use excessive numbers of decimal places.

There are some exceptions to this rule: for example, the Japanese often quote their currency as the base to other currencies.

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