XE Currency FAQ
Are your currency rates "buy" or "sell" rates?
Answer
The rates in our free information services are neither "buy" nor "sell" rates. Instead, they are mid-market rates derived from the mid-point between the "buy" and "sell" rates from global currency markets. Our free information services always list the mid-market rate because it indicates the value of a currency that is not weighted towards buying or selling.
"Buy" and "sell" rates include overheads and profit margins that are independently set by foreign exchange providers; their rates can vary a lot and will differ from the mid-market rate, so we recommend you shop around. To transfer money at the best buy and sell rates guaranteed, visit XE Trade.
AD
Live Currency Rates
Forex News
- Suzuki in fuel cell JV with UK's Intelligent Energy
- Hong Kong gold flow to China more than triples in 2011
- Brent rises above $116 on cold snap, tighter Iran sanctions
- Australian dlr jumps to six-month peak after RBA
- NZD/USD: Trading the New Zealand Employment Report
- Kazakh gold/forex reserves rise to $33.1 bln in Jan