Trading has been going on for centuries. One country has something the other company either need for desires so daytrade something that country wants an exchange. One country was a lot of minerals might trade with another country whereas the food they need. For hundreds of years, this was the method of trading. When nations started using currency, it became the mode of exchange. The value of this currency fluctuates, depending on the condition of their economy. Some countries currency have a higher value than another’s. When the world advanced to the point of becoming global, economically, there was a need to understand the value of one currency against another. They had to know how much the goods of one country would cost, and how their currency compared to the other.

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