What is a legitimate site where I can always check money exchange rates?

@wittynet (4421)
Philippines
August 20, 2012 1:24am CST
It's sad. I had my 100 euro exchanged to pesos last Saturday. The exchange rate was P50.84 per 1 euro. Just this morning, I found out that it's already P52.31. If I waited for two more days, I'll have more money. This made me realize that if I'll start buying euro, and wait for the right time to have it exchanged for a higher rate, I can save enough money. How about you? Have you already tried this? I haven't attended any seminars yet, so I'll start with this one first.
2 responses
@jkct02 (2874)
• Kota Kinabalu, Malaysia
20 Aug 12
FOREX trading is complicated and deceitfully simpl - FOREX trading is complicated and deceitfully simple to do. BEWARE!
If the exchange rate could go up. it could have gone down too. So there is really no right time to exchange your foreign currencies unless you have studied well the trends and the many factors that could affect the ups and downs of a particular currency against another. It is complicated and if you take it in a simplified way it just becomes a gamble. I know. I was burned. :(
2 people like this
@wittynet (4421)
• Philippines
1 Sep 12
Thank you for the advice. I am still planning to invest in this business. I'll attend a seminar before I invest. What do you think? Did you also attend a seminar, and did you also use a demo account before creating a rela account?
@wittynet (4421)
• Philippines
1 Sep 12
"a real account?"
@Raine38 (12391)
• United States
20 Aug 12
You can try oanda.com. This foreign currency exchange site was recommended by our auditor from SGV and Ernst & Young. Hope this helps.
1 person likes this
@wittynet (4421)
• Philippines
1 Sep 12
Thank you! I already added the site to My Favorites.