(PRWEB) December 16, 2005
Forex trading has recently become one of the favorite money making activities for many people around the world, and everyday there are more and more men and women from all walks of life that want to join this great financial opportunity.
Before the internet era, forex trading was an activity reserved only to the big players, banks, brokerage firms, in short; only wealthy people. But the arrival of the internet and the trading platforms available for downloading to the computers of regular citizens have come to transform the face of forex in a few years.
With the ever increasing amount of trade between countries together with the increase in traveling, either for business or pleasure, around the world there is always the need for many people of knowing what the exchange rate between the countries involved in the trading or travel plans is at the moment.
You usually can find some of the most important exchange rates between major currencies (USD, EUR, AUD, JPN, CAD) at the bank or even at the airport once you are there. But not all currencies are always listed in the bank and you may want to know the currency exchange rate at your destination before arriving to the airport.
Considering this issue and as an extra service to the forex trading community, 1-Forex.com has released a currency conversion tool the will help visitors in need to know what the exchange is between any currency in the world to convert this foreign currency to his particular local currency, no matter how big or small the country or local economy is.
This tool is easy to use, first choose the currencies you want to compare from the menu and then type the amount of currency in the corresponding window, click convert and you will have the equivalence in a few seconds.