An exchange rate is the price of one currency expressed in another. If you see GBP/EUR = 1.1700, it means £1 buys €1.17. Flip the pair and you get EUR/GBP, which tells you how many pounds one euro ...
One of the most Canadian personal finance questions is where to find the best deal on buying U.S. currency. Whether you travel to the United States for business or pleasure, or you own property there, ...