Narrator: That is because of something called the exchange rate. Exchange rate is how we work out the value of one currency when it is turned into another. It is changing all the time between each ...

Fiat currency is a type of money that is created by a government and is not backed by a physical commodity like silver or gold. In other words, it is backed by the perceived stability and ...

Understanding cryptocurrency Cryptocurrency is a decentralized digital currency bought and sold using blockchain technology. Unlike fiat money, cryptocurrencies don't have a physical equivalent ...

What does it mean to “invest” in the Iraqi dinar? In simple terms, it’s the same as investing in any other currency. You purchase a certain amount of Iraqi dinar (IQD) by paying the respective amount ...

It involves buying one currency while simultaneously selling another, with the aim of making a profit from fluctuations in exchange rates. The foreign exchange market has become the world’s ...

Opinions expressed by Forbes Contributors are their own. Dr. Cheryl Robinson covers areas of leadership, pivoting and careers. Radical transparency continues to serve as a cornerstone of effective ...