How are exchange rates determined?

The currency exchange rate is considered in relation to another currency, or a basket of currencies. Exchange rates can be floating rates, determined by free market factors, such as the economic health of a country, or fixed rates set by central banks. Spreads are not included in the FxLeaders currency converter, but usually, you get tighter conversion spreads through online brokers if you want to buy one currency with another one, and higher conversion spreads on over-the-counter dealers, such as banks and foreign exchange offices.

How to calculate an exchange rate?

Basically, by multiplying the conversion rate by the amount you want to exchange. For EUR 500, you would need 1.13 x 500 = $650. But, the FXLeaders exchange rate calculator makes life very easy. It offers the exchange rate of a single unit of currency for another, as well as the total amount of foreign currency in exchange for the amount of the currency you want to exchange. Physical currency exchange comes with exchange rates and/or fees, but the closer to the FXLeaders exchange rate/amount, the better the deal from your FX exchange agent.

How often do foreign exchange rates change?

Foreign exchange rates change continuously 24/5, and they often also fluctuate over the weekend, opening with market gaps. Usually the exchange rates move slowly, resulting in major differences for a normal traveler, but at times there are some huge fluctuations in live exchange rates, due to economic or political news. Our currency converter updates live exchange rates every 5 seconds, exclusive to FXLeaders.

Can you predict exchange rates?

Exchange rate predictions are hard, given the fact that there are many professional aspects you need to understand and evaluate beforehand. Exchange rate forecasts should include both sides of the coin for the two currencies in the currency pair. They should also include the fundamental analysis, with economic news, central bank forecasts, politics and the broader market sentiment, as well as the technical analysis.

What are currency pairs?

A forex pair is a pair of two currencies, quoted against each other. They are usually presented in the abbreviated form of EUR/USD 1.13, for instance, for Euros Vs US Dollars. Usually, the second currency is presented as the exchange value of the first currency, meaning that to buy one US Dollar you will need EUR 1.13. Many people utilize the fluctuation/volatility to trade forex pairs in the forex market through retail brokers, aiming to make a profit from the fluctuating exchange rates.

What determines the value of a currency?

In the case of a fixed/pegged currency, the government of a country may, as is the case with China, determine the currency value through the central bank, while in other cases, like in Switzerland, it is the central bank (SNB) itself that pegs the currency to another currency or a basket of currencies, in relation to the trade volume with that country. The currency price for floating currencies is determined by market forces, such as supply and demand. These forces are heavily affected by the economic forecasts of a country, central bank activities, rhetoric and forecasts, politics, market sentiment etc., while technical factors determine whether that currency is overvalued or undervalued.

Home /
Cryptocurrencies

Cryptocurrencies

Due to the tremendous global interest in crypto's and how to trade the different cryptocurrencies (including bitcoin, Ethereum, Litecoin, Dash, Ripple, etc.), FX Leaders' analysts bring you all the information you need to trade and invest in cryptocurrencies profitably. Find out more about the unique and powerful asset class that has emerged from practically nowhere to become one of the hottest investment topics of the 21st century - cryptocurrencies! More

Live Crypto Signals

No Live Cryptocurrency Pairs

DON'T WANT TO MISS ANY SIGNAL? GO PREMIUM

ACCESS ALL FX, COMMODITIES & CRYPTO SIGNALS. GO PREMIUM

<% signal.pair %> (<% signal.rate %>) <% signal.action %>

<% signal.status %>

<% signal.analyst %>

Long Term

Entry Price

Stop Loss

Take Profit

PREMIUM ONLY

<% signal.stopLoss %> N/A

PREMIUM ONLY

<% signal.takeProfit %> N/A

PREMIUM ONLY

GO PREMIUM

TRADE NOW

GET READY

<% signal.analyst %>

<% signal.comment %>

Description

<% signal.description %>

LATEST ANALYSIS

<% item.time_ago %> Ago

<% item.title %>

<% item.deltaTime %>

Full Analysis Feed

Latest Crypto News

Where to trade cryptocurrencies

Click Here

Institutional Pivot: Goldman Sachs Discloses $2.36B Crypto Portfolio with Bold Ethereum Weighting

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Wednesday, Feb 11, 2026

2 mins read

Goldman Sachs has reported a $2.36 billion cryptocurrency portfolio in its Q4 2025 13F filing, released on February 10, 2026.

8 h

UAE Legal Alert: Al Ain Court Orders Crypto Broker to Repay $124,000 Over Risk Breach

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Wednesday, Feb 11, 2026

2 mins read

The Al Ain Civil Court has ordered a trading broker to pay back $124,361 to a young investor. This February 11, 2026...

8 h

Crypto Policy Update: Ripple CLO Teases “Compromise” as White House Pushes for March 1 Deadline

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Wednesday, Feb 11, 2026

2 mins read

A major step forward in U.S. cryptocurrency regulation could be near. Stuart Alderoty, Ripple’s Chief Legal Officer...

8 h

Bitcoin Whales Buy Aggressively Amid Widespread Retreat

By Olumide Adesina, Financial Market Writer

Wednesday, Feb 11, 2026

1 mins read

The BTC rate fell further on Friday as the stock market climbed.

Bitcoin recently received new support from some of its biggest investors, but demand recovery remains so limited that it is unclear whether this is a recovery or just damage control.

Bitcoin

Ripple

1 d

Solana Faces Critical Support Test as Head-and-Shoulders Pattern Points to $50 Breakdown

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Tuesday, Feb 10, 2026

3 mins read

Solana Faces Critical Support Test as Head-and-Shoulders Pattern Points to $50 Breakdown

Solana (SOL) is down 1.1% over the last day, trading around $86. This is due to increasing technical pressure on the seventh-largest crypto

2 d

Ethereum Hovers at $2,100 Amid Mixed Signals, Can ETH Sustain Recovery or Face Further Decline?

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Tuesday, Feb 10, 2026

3 mins read

Ethereum Hovers at $2,100 Amid Mixed Signals, Can ETH Sustain Recovery or Face Further Decline?

Ethereum is trading at about $2,100 on Tuesday, a slight 1% increase over the previous day and a 22% recovery from its Friday low of $1,750.

2 d

Bitcoin Reclaims $70,000 as Whale Accumulation Clashes with “Crisis of Confidence”

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Tuesday, Feb 10, 2026

2 mins read

Bitcoin Reclaims $70,000 as Whale Accumulation Clashes with

Bitcoin is trading around $70,000 on Tuesday, leveling off from last week's sharp sell-off that briefly drove prices below $60,000. Despite

2 d

Daily Crypto Signals: Bitcoin Rebounds to $70K, Ethereum and Solana Face Persistent Headwinds

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Tuesday, Feb 10, 2026

3 mins read

Daily Crypto Signals: Bitcoin Rebounds to $70K, Ethereum and Solana Face Persistent Headwinds

Bitcoin stabilized above $70,000 following last week's dramatic sell-off that briefly pushed prices below $60,000, as renewed whale

2 d

MORE NEWS

Cryptocurrencies

Institutional Pivot: Goldman Sachs Discloses $2.36B Crypto Portfolio with Bold Ethereum Weighting

UAE Legal Alert: Al Ain Court Orders Crypto Broker to Repay $124,000 Over Risk Breach

Crypto Policy Update: Ripple CLO Teases “Compromise” as White House Pushes for March 1 Deadline

Bitcoin Whales Buy Aggressively Amid Widespread Retreat

Goldman Sachs Bets on XRP: $153M Holdings Revealed in Q4 Filing

Solana Struggles at $82 as 39% Monthly Decline Tests Critical Support Levels

Ethereum Holds $2,000 Support: Accumulation Zone or Just the First Low?

Bitcoin Holds $69K as Top Traders Turn Bearish Despite Historic Buy Signals

Daily Crypto Signals: Bitcoin Consolidates at $69K, Ethereum Struggles at $2,000 as “Euphoria Fades”

US Spot Bitcoin ETFs Secure $145M Inflow as Market Eyes ‘Inflection Point’

Bitcoin Price Stalls at $68K as Fed Shift Nears — Breakout or Breakdown Next?

Ethereum Foundation Hardens Defenses with “Trillion Dollar” Security Push

Treasury Secretary Scott Bessent Slams Coinbase CEO, Urges Immediate Deal on Stalled CLARITY Act

Tom Lee’s BitMine Defies Market Slump with $84M Ethereum Buy: Target 5% Supply

Crypto Market Shock: Why 2026’s $2 Trillion Drop is the “Weakest Bear Case” Ever

Ripple’s XRP Ignores the Bloodbath, ETFs Inflow Strong, Price Stuck at $1.42

Solana Faces Critical Support Test as Head-and-Shoulders Pattern Points to $50 Breakdown

Ethereum Hovers at $2,100 Amid Mixed Signals, Can ETH Sustain Recovery or Face Further Decline?

Bitcoin Reclaims $70,000 as Whale Accumulation Clashes with “Crisis of Confidence”

Daily Crypto Signals: Bitcoin Rebounds to $70K, Ethereum and Solana Face Persistent Headwinds

Sidebar rates

HFM

HFM rest

Pu Prime

XM

Best Forex Brokers

Cryptocurrencies

Sidebar rates

HFM

HFM rest

Related Posts

Pu Prime

XM

Best Forex Brokers