Spain currency to inr

Currency From: USD GBP CAD EUR JPY CHF AUD AFN ALL DZD USD AOA ARS AMD AWG AUD AZN BSD BHD BDT BBD BYR BZD BMD BTN BTC BOB BAM BWP BRL BND BGN BIF KHR CAD CVE KYD XAF CLP CLF CNY COP KMF CRC HRK CUP CYP CZK DKK DJF DOP XCD EGP ERN ETH ETB EUR FJD CDF XPF GMD GEL GHS GIP GTQ GNF GYD HTG HNL HKD HUF ISK INR IDR IRR IQD ILS JMD JPY JOD KZT KES KRW KWD KGS LAK LBP LSL LRD LYD MOP MKD MGA MWK MYR MVR MTL MRO MUR MXN MXV MDL MNT MAD MMK NAD NPR ANG MZN TWD TRY NZD NIO NGN NOK OMR XAL XCP XAU XPD XPT XAG PKR PAB PGK PYG PEN PHP PLN GBP QAR RON RUB RWF SHP WST STD SAR RSD SCR SLL SGD SBD SOS ZAR SDR LKR SDD SRD SZL SEK CHF SYP TJS TZS THB THO TOP TTD TND TMM UGX UAH AED UYU UZS VUV VEB VND XOF YER ZMK ZWD Currency To: USD GBP CAD EUR JPY CHF AUD AFN ALL DZD USD AOA ARS AMD AWG AUD AZN BSD BHD BDT BBD BYR BZD BMD BTN BTC BOB BAM BWP BRL BND BGN BIF KHR CAD CVE KYD XAF CLP CLF CNY COP KMF CRC HRK CUP CYP CZK DKK DJF DOP XCD EGP ERN ETH ETB EUR FJD CDF XPF GMD GEL GHS GIP GTQ GNF GYD HTG HNL HKD HUF ISK INR IDR IRR IQD ILS JMD JPY JOD KZT KES KRW KWD KGS LAK LBP LSL LRD LYD MOP MKD MGA MWK MYR MVR MTL MRO MUR MXN MXV MDL MNT MAD MMK NAD NPR ANG MZN TWD TRY NZD NIO NGN NOK OMR XAL XCP XAU XPD XPT XAG PKR PAB PGK PYG PEN PHP PLN GBP QAR RON RUB RWF SHP WST STD SAR RSD SCR SLL SGD SBD SOS ZAR SDR LKR SDD SRD SZL SEK CHF SYP TJS TZS THB THO TOP TTD TND TMM UGX UAH AED UYU UZS VUV VEB VND XOF YER ZMK ZWD

Important Key Terms Below is a short list of some of the important terms pertinent to foreign currency exchange. Exchange Rate—The value of one currency expressed in terms of another. Forex—The foreign exchange market (forex) is a global, decentralized, over-the-counter market for the trading of currencies and is the largest market in the world (followed by the credit market). This market is a necessity because one unit of currency very rarely equals exactly one unit of another currency. The forex is able to facilitate the receipt or payment of units of currency that are equal in value. Bid Price—The price that a buyer is willing to pay for a unit of currency. Ask Price—The price that a seller is willing to accept for a unit of currency. Bid-Ask Spread—The difference between the bid and ask price. Theoretically, buyers want the smallest possible spreads, while sellers want the highest spreads. Real-world currency exchanges with brokers, banks, or businesses typically do not follow precise market rates. As financial middlemen, most will set exchange rates of their own at bid-ask spreads that return a percentage as profit for doing business. Some call this profit a fee or commission. Pip—A pip is the smallest unit of value in a bid-ask spread. For example, 3 pips are the difference between the currency quote of EUR/USD 1.2800/1.2803. A pip is sometimes called a point. Currency Pair—A quote of the relative value of one currency unit against another currency unit. The first cu...

Date ESP/INR Monday, 12 June 2023 0.5326 Monday, 5 June 2023 0.5312 Monday, 29 May 2023 0.5314 Monday, 22 May 2023 0.5382 Monday, 15 May 2023 0.5376 Monday, 8 May 2023 0.5406 Monday, 1 May 2023 0.5392 Monday, 24 April 2023 0.5440 Monday, 17 April 2023 0.5384 Monday, 13 March 2023 0.5312 Monday, 6 March 2023 0.5257 Monday, 27 February 2023 0.5270 Monday, 20 February 2023 0.5309 Monday, 13 February 2023 0.5327 Monday, 6 February 2023 0.5336 Monday, 30 January 2023 0.5320 Monday, 23 January 2023 0.5324 Monday, 16 January 2023 0.5315 Monday, 9 January 2023 0.5301 Monday, 2 January 2023 0.5307 Monday, 26 December 2022 0.5301 Monday, 19 December 2022 0.5267 Monday, 12 December 2022 0.5236 Monday, 5 December 2022 0.5167 Monday, 28 November 2022 0.5076 Monday, 21 November 2022 0.5033 Monday, 14 November 2022 0.5023 Monday, 7 November 2022 0.4926 Monday, 31 October 2022 0.4915 Monday, 24 October 2022 0.4916 Monday, 17 October 2022 0.4863 Monday, 10 October 2022 0.4811 Monday, 3 October 2022 0.4816 Monday, 26 September 2022 0.4719 Monday, 19 September 2022 0.4805 Monday, 12 September 2022 0.4831 Monday, 5 September 2022 0.4790 Monday, 29 August 2022 0.4811 Monday, 22 August 2022 0.4771 Monday, 15 August 2022 0.4859 Monday, 8 August 2022 0.4879 Monday, 1 August 2022 0.4870 Monday, 25 July 2022 0.4898 Monday, 18 July 2022 0.4881 Monday, 11 July 2022 0.4799 Monday, 4 July 2022 0.4950 Monday, 27 June 2022 0.4988 Monday, 20 June 2022 0.4927 Monday, 13 June 2022 0.4893 Monday, 6 June 2022...

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To use OANDA’s free currency converter, type into the relevant field currency names, 3-letter ISO currency symbols, or country names to select your currency. You can convert world currencies, precious metals, or obsolete currencies. You can also access currency exchange rates dating back to January 1990. Also known as the mid-market rate, the spot rate or the real exchange rate, the interbank rate is the exchange rate used by banks and large institutions when trading large volumes of foreign currency with one another. It is not made for individuals and smaller businesses, as smaller money transfers tend to attract a higher mark-up, so that the exchange offering the service can make a profit. Currency conversion rates differ between companies as each company manipulates the interbank rate to make a profit. This is usually done on volume; the higher the volume, the closer you get to the interbank rate. We come across a lot of competitors that post interbank rates online as a bait to hook new customers, but, once customers are onboard, they change the rate drastically, not usually in the customers’ favour. Most trading happens in the UK and US market, so 8am GMT to 5pm EST, is when the market is most liquid and the difference between the bid and ask rates is minimal. Once you operate outside these hours, you can’t cover your deal with large institutions and have to pay the rate as an insurance against fluctuations from the time you book to offsetting with a partner. arrow_upw...