If you are traveling abroad, sending money overseas, or doing business with foreign partners, you may need to know the current exchange rates of different currencies. However, finding accurate and up-to-date exchange rates can be challenging, as there are many sources and factors that can affect the value of currencies. You may also need to convert between different currencies and compare their rates easily and quickly.
Fortunately, there is a website that can help you with your currency exchange needs. Xrate is a website that provides free and reliable currency exchange rates and tools. Xrate allows you to access the latest exchange rates of over 150 currencies from various sources and markets. Xrate also allows you to use various tools such as a currency calculator, graphs, rates tables, monthly averages, and historical data. In this post, I will tell you more about Xrate, its features, and its benefits.
What is Xrate?
Xrate is a website that was launched in 1998 by Steven Morse, a computer scientist and entrepreneur. Xrate’s mission is to provide free and reliable currency exchange rates and tools for personal and professional use. Xrate’s website is simple and easy to use, with a user-friendly interface and design. Xrate’s website is also mobile-friendly, which means you can access it from any device that has an internet connection and a web browser.
Xrate obtains its exchange rates from various sources and markets, such as banks, financial institutions, governments, central banks, and online platforms. Xrate updates its exchange rates every 15 minutes, ensuring that you get the most accurate and current information. Xrate also provides historical data for up to 20 years, allowing you to see the trends and changes of currency values over time.
Xrate offers various tools that can help you with your currency exchange needs. Some of them are:
- Currency Calculator: This tool allows you to convert between any two currencies using the latest exchange rates. You can also choose the date of the conversion, if you want to see the historical rates. You can access the currency calculator from the homepage of Xrate’s website or from this link.
- Graphs: This tool allows you to see the graphical representation of the exchange rates of any currency pair over a period of time. You can choose the time range from one day to five years. You can also customize the graph by changing the colors, scales, labels, etc. You can access the graphs from the homepage of Xrate’s website or from this link.
- Rates Table: This tool allows you to see the exchange rates of any currency against multiple currencies in a table format. You can choose the base currency and the amount from a list of options. You can also sort the table by currency name or code. You can access the rates table from the homepage of Xrate’s website or from this link.
- Monthly Average: This tool allows you to see the monthly average exchange rates of any currency pair for a year or more. You can choose the year or month from a list of options. You can also download the data in CSV format for further analysis. You can access the monthly average from this link.
- Historic Lookup: This tool allows you to see the historic exchange rates of any currency pair for a specific date or range of dates. You can choose the date or range from a calendar or enter it manually. You can also download the data in CSV format for further analysis. You can access the historic lookup from this link.
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Why should you use Xrate?
Xrate has many benefits that make it a great choice for currency exchange rates and tools. Here are some of them:
- It is free: You don’t have to pay anything to use Xrate’s website or tools. You can access them anytime and anywhere without any limitations or restrictions.
- It is reliable: You can trust Xrate’s exchange rates and data, as they are obtained from reputable sources and markets. Xrate also updates its exchange rates every 15 minutes, ensuring that you get the most accurate and current information.
- It is easy: You don’t have to register, download, or install anything to use Xrate’s website or tools. You just need to visit their website and click on the tool that you want to use.
- It is useful: You can use Xrate’s website or tools for various purposes, such as traveling abroad, sending money overseas, doing business with foreign partners, or simply learning about different currencies.
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Conclusion
Xrate is a website that provides free and reliable currency exchange rates and tools. Xrate allows you to access the latest exchange rates of over 150 currencies from various sources and markets. Xrate also allows you to use various tools such as a currency calculator, graphs, rates tables, monthly averages, and historical data.