Major, Minor and Exotic Forex Trading Currency Pairs
Comparative study of worldwide currencies
1. COMPARATIVE STUDY OF
WORLDWIDE CURRENCIES
.Tabular representation of comparative study
.Short-notes on some worldwide currencies
.Diagrammatic representation- PIE CHART
.Diagrammatic representation- BAR DIAGRAM
Contents:
2. TABULAR REPRESENTATION
Name of
country
Currency Comparison
with India (In
Rupees)
% of daily
share
United
Kingdom
Euro 77.821 33.4
United States
Of America
American
Dollar
61.306 87
Australia Australian
Dollar
53.798 8.6
Canada Canadian
Dollar
55.061 4.6
New Zealand New Zealand
Dollar
48.312 2
Switzerland Swiss Franc 64.478 5.2
Exchange Rate of Indian Rupee with other currencies
3. Short-notes on some worldwide currencies
Euro-
The euro is the currency used by the Institutions of the European
Union and is the official currency of the euro zone. The euro is the
second largest reserve currency and the second most traded
currency in the world after the United States dollars. Based on IMF
estimates of 2008 GDP, the euro zone is the second largest
economy in the world.
U.S. Dollar-
The United States dollar is referred to as the American dollar or
Federal Reserve Note. It is the official currency of the United
States and its overseas territories. It consists of 100 smaller cent
units. The U.S. dollar is fiat money. It is the currency most used in
international transactions and is the world’s most dominant
reserve currency.
4. Australian Dollar-
The Australian dollar is the currency of the commonwealth of
Australia. Within Australia, it is almost always abbreviated
with the dollar ($) sign, with A$ sometimes used to distinguish
it from dollar -denominated currencies. It is subdivided into
100 cents. AUD is the 5th most traded currency in the world,
accounting for 7.6% of the world’s daily share.
New Zealand Dollar-
The New Zealand dollar is the currency of New Zealand. It is
divided into 100 cents. It is normally written with the sign $ or
NZ$ to distinguish it from other dollar denominated
currencies. In the context of currency trading, it is often
informally called the “kiwi”. It is one of the ten most traded
currencies, being 2% of global foreign exchange market daily
turnover.
5. Canadian Dollar-
The Canadian Dollar is the official currency of Canada. It is
abbreviated with the dollar sign ($) or C$. It is divided into 100
cents. Owing to the image of a loon on the one-dollar win, the
currency is sometimes referred to as the loonie. The first paper
money issued in Canada denominated in dollars was British army
bills, issued between 1813 and 1815.
Swiss Franc-
The Franc is the currency and legal tender of Switzerland and
Liechtenstein; it is also legal tender in the Italian exclave Campione
d’italia. The Swiss National Bank issues banknotes and the federal
mint. The smaller denomination, a 100th of a franc, is a Rappen in
German. The ISO code of the currency used by banks is CHF.
7. DIAGRAMMATIC REPRESENTATION
BAR DIAGRAM
Comparison of exchange rate of Indian Rupees with worldwide
currencies from 2011 to 2014
0
50
100
150
200
250
300
350
400
2011 2012 2013 2014
New Zealand
Euro
Canadian dollars
Australian dollars
Swiss franc
American dollars
