Currency Converter

About Currency & Sending Money Transfers / Payments:

Sending money and payments internationally involves a process of transferring the value of a currency to another based on current exchange rates.

When a corporation or person engages in a transfer of currency that will occur in the future, they are at risk of market fluctuations. Each currency pair can fluctuate from 1 – 3 pennies daily. For every $100,000 USD contract, each penny represents $1000 of risk on average. Therefore a $100,000 purchase of goods overseas could cause the contract to fluctuate $1000 – $3000 per day due to the fluctuation of the market.