Need to convert currency? Try one of these sites;

www.xe.com

www.oanda.com

Each of these websites are involved in the buying and selling of various currencies, and are excellent tools for when you are preparing to go abroad and need to know how much your dollars are going to get you.

Currencies are traded on the Forex Markets (much the same as stocks) by speculators of their worth. A nation's currency becomes worth more compared to other currencies when its economy is doing well and more foreign investors and institutions within that country wish to buy more of that currency.

This unfortunately effects the economy in a bad way, as it becomes more expensive for businesses to export to other countries and easier for foreign countries and importers to bring in cheaper products. However, a good currency may inspire nation pride and also stay at a stable rate, for example, Pounds Sterling in the United Kingdom, which is considered as one of the major currencies in the world, ensuring that the country did not take up the €uro when the rest of Europe did.