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

Massive Drop for Bitcoin Sparks Panicked BTC Price Predictions

By Timothy St. John, Financial Writer - European & US Desks

Friday, Jan 30, 2026

2 mins read

The crypto market is in a rough place as it falls sharper than we have seen in weeks.

Bitcoin is falling quickly and taking a lot of the cryptocurrency market with it after news of a Federal Reserve changeup.

8 h

$200M Unclaimed DAO Ethereum to Fund New Security Initiative on ETH

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

Friday, Jan 30, 2026

2 mins read

Ethereum that remains unclaimed from the 2016 DAO hack will go into a new security fund to help strengthen the Ethereum network...

14 h

$306B Stablecoin Market: Circle Sets 2026 Push for Institutional Adoption

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

Friday, Jan 30, 2026

2 mins read

Circle Internet Group plans to focus on building long-term infrastructure in 2026 to help more companies and financial institutions...

14 h

Bitcoin Options Traders Betting Big on Short-Term Crash to $70K–$75K

By Olumide Adesina, Financial Market Writer

Friday, Jan 30, 2026

1 mins read

Bitcoin

17 h

Ethereum Tumbles to $2,700 as Whales Stake $745M Despite Market Weakness

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

Friday, Jan 30, 2026

2 mins read

Ethereum Tumbles to $2,700 as Whales Stake $745M Despite Market Weakness

Ethereum is experiencing rising pressure as the world's second-largest cryptocurrency slips below $2,800, trading around $2,700 with a

18 h

XRP Burns Heating Up While Price Dips Below $1.80 – Deflationary Signal or Buying Opportunity

By Olumide Adesina, Financial Market Writer

Friday, Jan 30, 2026

1 mins read

Smart Money Eyes XRP Rebound Near Major Support

According to live data from major trackers, the price of XRP is currently between $1.75 and $1.76, down about 6% over the past day.

Ripple

3 d

Ripple Boosts Saudi Vision 2030: Partners with Riyad Bank on Blockchain Payments and Tokenization

By Olumide Adesina, Financial Market Writer

Wednesday, Jan 28, 2026

1 mins read

Ripple has teamed up with Riyadh Bank amid increasing interest in blockchain-based infrastructure at the institutional level,

Ripple

3 d

Ethereum Holds $3,000 as Network Metrics, ‘Post-Quantum’ Pivot Signal Potential Rally to $10K

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

Wednesday, Jan 28, 2026

2 mins read

Ethereum Holds $3,000 as Network Metrics, ‘Post-Quantum’ Pivot Signal Potential Rally to $10K

Ethereum (ETH) is trading at almost $3,000, up more than 2% in the last 24 hours. A combination of technical indications and on-chain metric

3 d

Bitcoin Holds Steady Above $89K as February Rally Signals and Gold Divergence Spark Debate

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

Wednesday, Jan 28, 2026

2 mins read

Bitcoin Holds Steady Above $89K as February Rally Signals and Gold Divergence Spark Debate

Bitcoin (BTC) is trading above $89,000. The price hasn't changed much in the last 24 hours, but the market is entering a moment that might

3 d

Daily Crypto Signals: Bitcoin Holds $89K, Ethereum Eyes $3.3K Rally Amid Market Turbulence

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

Wednesday, Jan 28, 2026

3 mins read

Daily Crypto Signals: Bitcoin Holds $89K, Ethereum Eyes $3.3K Rally Amid Market Turbulence

The cryptocurrency market faces headwinds as Bitcoin trades at $89,378 with modest 2.2% monthly gains, while Ethereum shows recovery signs

3 d

MORE NEWS

Cryptocurrencies

Massive Drop for Bitcoin Sparks Panicked BTC Price Predictions

$200M Unclaimed DAO Ethereum to Fund New Security Initiative on ETH

$306B Stablecoin Market: Circle Sets 2026 Push for Institutional Adoption

Bitcoin Options Traders Betting Big on Short-Term Crash to $70K–$75K

Ethereum Tumbles to $2,700 as Whales Stake $745M Despite Market Weakness

XRP Burns Heating Up While Price Dips Below $1.80 – Deflationary Signal or Buying Opportunity

Solana Plunges 7.2% Amid Market Turmoil Despite Major Institutional Wins

Bitcoin Plunges to $82,000 as Microsoft Sell-Off and Gold Flash Crash Wipe Out 2026 Gains

Daily Crypto Signals: Bitcoin Retests $83K, Solana Anchors Institutional Tokenization Strategy

Bitcoin Losing Fight with $90K Resistance Level

Worldcoin Rallies 14% on OpenAI Social Media Rumors, But Can Momentum Hold Above Key Support Levels?

Hyperliquid (HYPE) Eyes $50 Target as Commodities Trading Boom Drives 58% Three-Day Rally

Bitcoin Hovers Above $88K as Traders Target $93.5K Liquidation Zone Amid Fed Rate Hold

Daily Crypto Signals: Bitcoin Holds Near $89K, Hyperliquid Surges 58% on Record Commodities Trading

Bitcoin Nears Key Resistance Level; New BTC Price Prediction

South Dakota Lawmaker Proposes 10% Bitcoin Reserve for State Funds

Ripple Boosts Saudi Vision 2030: Partners with Riyad Bank on Blockchain Payments and Tokenization

Ethereum Holds $3,000 as Network Metrics, ‘Post-Quantum’ Pivot Signal Potential Rally to $10K

Bitcoin Holds Steady Above $89K as February Rally Signals and Gold Divergence Spark Debate

Daily Crypto Signals: Bitcoin Holds $89K, Ethereum Eyes $3.3K Rally Amid Market Turbulence

Sidebar rates

HFM

Pu Prime

XM

Best Forex Brokers

Cryptocurrencies

Sidebar rates

HFM

Related Posts

Pu Prime

XM

Best Forex Brokers