Convert from MZN to MGA
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Understanding the World's Financial Pulse
The foreign exchange market is a global decentralized network where trillions of dollars change hands daily. It's the largest and most liquid financial market in the world, operating 24 hours a day, five days a week.
Each currency tells a unique story of its nation's economic health, political stability, and global influence. From the mighty US Dollar to the emerging market currencies, these financial instruments shape international trade, investment flows, and the daily lives of billions.
Currency Pair Heatmap
Track currency strength and weakness across major pairs. Green indicates appreciation while red shows depreciation. The percentage change is measured from 5 PM IST yesterday to now.
| USD |  AUD |  CHF |  CNY |  CAD |  GBP |  JPY |  INR | EUR | |
|---|---|---|---|---|---|---|---|---|---|
| USD | 0.000 % | + 0.116 % | -0.233 % | + 0.072 % | -0.005 % | -0.083 % | -0.363 % | -0.090 % | -0.126 % |
| AUD | + 0.116 % | 0.000 % | -2.020 % | + 0.622 % | -0.042 % | -0.714 % | -3.145 % | -0.782 % | -1.089 % |
| CHF | -0.233 % | -0.495 % | 0.000 % | -0.308 % | + 0.021 % | + 0.353 % | + 1.557 % | + 0.387 % | + 0.539 % |
| CNY | + 0.072 % | + 1.607 % | -3.246 % | 0.000 % | -0.068 % | -1.147 % | -5.053 % | -1.256 % | -1.750 % |
| CAD | -0.005 % | -23.651 % | + 47.782 % | -14.719 % | 0.000 % | + 16.889 % | + 74.379 % | + 18.493 % | + 25.757 % |
| GBP | -0.083 % | -1.400 % | + 2.829 % | -0.872 % | + 0.059 % | 0.000 % | + 4.404 % | + 1.095 % | + 1.525 % |
| JPY | -0.363 % | -0.318 % | + 0.642 % | -0.198 % | + 0.013 % | + 0.227 % | 0.000 % | + 0.249 % | + 0.346 % |
| INR | -0.090 % | -1.279 % | + 2.584 % | -0.796 % | + 0.054 % | + 0.913 % | + 4.022 % | 0.000 % | + 1.393 % |
| EUR | -0.126 % | -0.918 % | + 1.855 % | -0.571 % | + 0.039 % | + 0.656 % | + 2.888 % | + 0.718 % | 0.000 % |
Currency News & Analysis
WATCH: Former president Rodrigo Duterte could undergo treatment if needed, should experts find him unfit to stand trial before the International Criminal Court, according to Atty. Kristina Conti. The Pre-Trial Chamber of the ICC has recently ordered a medical
The Chinese Consulate General in Davao marked the 76th founding anniversary of the People’s Republic of China on September 16 at the SMX Convention Center in Davao City. In her speech, Consul General Zhao Xiuzhen highlighted China’s progress und
Pawnshop robbed in Davao City; 1 of 3 suspects nabbed
WISH GRANTED The Cebu City Government is sending danggit, dried mangoes, chicharon, and otap to those affected by the magnitude 7.4 earthquake in Davao Oriental. "To the people of Mindanao, the people of Cebu City hears you. Help is on the way, wit
Roxas boy wins PH-Japan ‘friendship art’ contest
Dawn masses set in poor parishes
New LTO-7 chief to commuters: Report abusive taxi drivers
Prayer rally held following tension at water district in CDO
A new hope after a fire gutted parts of Brgy. 21-C, Piapi Blvd., Davao City as fire victims scavenge for what might could have left from their homes. #AllYouNeedToKnow
‘Patunol’ continues in infected jail: Cebu City cases soar to 328
Frequently Asked Questions
Get answers to common questions about currency exchange and trading
What factors influence exchange rates?
Exchange rates are influenced by multiple factors including interest rates, inflation, political stability, economic performance, government debt, and terms of trade. Central bank decisions and geopolitical events can also have significant impacts on currency values.
What is the spread in currency trading?
The spread is the difference between the buying (ask) and selling (bid) price of a currency pair. It represents the cost of trading and is how many brokers make their money. Typically, more liquid currency pairs have lower spreads.
When is the forex market open?
The forex market is open 24 hours a day, five days a week. Trading begins in Sydney, then moves to Tokyo, London, and New York. The most active trading periods are when multiple major markets overlap.
What is leverage in forex trading?
Leverage allows traders to control a large position with a small amount of capital. For example, 50:1 leverage means you can control $50,000 with $1,000. While leverage can amplify profits, it also increases potential losses.
How do I read currency pairs?
Currency pairs show how much of the quote currency (second currency) is needed to purchase one unit of the base currency (first currency). For example, in EUR/USD, EUR is the base currency and USD is the quote currency.
What is technical analysis?
Technical analysis involves studying price charts and using statistical indicators to determine future currency movements. Common tools include moving averages, relative strength index (RSI), and Fibonacci retracements.