Currency options are financial contracts that give traders the right, but not the obligation, to buy or sell a specific currency pair at a predetermined exchange rate, known as the strike price, within a specified time frame
A currency forward contract is an agreement between two parties to exchange a specified amount of one currency for another at a predetermined future date and exchange rate
A Contract for Difference (CFD) is a popular financial derivative that enables traders to speculate on the price movements of various underlying assets without owning the assets themselves
Currency futures are derivatives contracts that allow traders to buy or sell a specific amount of a currency at a predetermined price and future date
The Congolese Franc (CDF) is the official currency of the Democratic Republic of Congo, a country located in Central Africa. Introduced in 1997, the CDF replaced the previous currency, the Zaire
The Croatian Kuna (HRK) is the official currency of Croatia, a country located in Southeast Europe. Introduced in 1994, the kuna replaced the Croatian dinar as the national currency
The Costa Rican Colon (CRC) is an example of an exotic currency. It is the official currency of Costa Rica, a country known for its stunning natural beauty and vibrant culture
The CFA Franc is a unique currency that is used by multiple countries in West and Central Africa. The acronym “CFA” stands for “Communauté Financière Africaine” or “African Financial Community”
The Comptoirs Francais du Pacifique Franc (XPF), also known as the Pacific Franc, is the official currency of several French overseas territories in the Pacific Ocean, including French Polynesia, New Caledonia, and Wallis and Futuna
The Cuban currency system operates on a dual-currency basis, with two separate currencies in circulation: the Cuban Peso (CUP) and the Cuban Convertible Peso (CUC)
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Our products and commentary provides general advice that do not take into account your personal objectives, financial situation or needs. The content of this website must not be construed as personal advice.