Currency converter

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binary options currency converter

One of the most traded types of binary options are options on currencies (also called 'forex'). Binary options on currencies are available day and night, and offer attractive opportunities for profit when the rest of the economy fails. If you trade in these options, it is useful to always have a currency converter at hand.

Foreign currency conversion

With the binary options currency conversion chart below you can easily convert any currency into other currencies*. So you always know the current exchange rate directly. And if you are experienced in trading currencies (or 'forex trading'), then you are also able to tell if the price is relatively high or low. And thus whether you should buy a call option or a put option on a currency pair. (More information about how to learn forex trading can be found at for example Forexcoach.nl.)

Apart from trading binary options on currencies, the currency calculator is also useful for calculating the value of your trading account. Many binary options brokers offer accounts in United States dollars (USD), and it's very handy to know what exactly your account is worth in pounds sterling.

Finally, you can use the currency converter if you are going on vacation, to convert the money you've earned with the binary option trade. Maybe you want to go out partying in Rio de Janeiro, or a tour through Australia. It is quite useful to know what the Brazilian real (BRL) or the Australian dollar (AUD) is worth. Anyway, we hope that this binary options tool makes your life a bit easier!

*In the currency conversion table, there is a list of the abbreviation of the currencies used. These are common international abbreviations. To find out what an abbreviation means, you can consult this page.


Become a binary option trader

You too can make money with binary options

Are you already making a profit on the options market? You can earn a lot of money in a short time with binary options. And it's easy. In this video you will learn in just a few minutes how binary options trading works.

Do you want to take advantage of the opportunities that binary options offer? Then open an account with binary options broker AnyOption. Anyoption is one of the longest existing option brokers, and is known for its professionalism, excellent software, and reliability (read the review).

Novice traders can also take advantage of the AnyOption Academy, where you can learn even more about how to improve your trading, through instructional videos and articles.

Start trading binary options now

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Disclaimer

Trading in binary options is inherently risky. With binary option trading one can make a lot of money in a short period of time or lose a lot of money. The visitor to this website is deemed to be aware that he can lose his investment completely. Due to the risky nature of this financial product, it is not suitable for everyone. Aspiring traders who are unsure whether binary options trading is suitable for them are advised to solicit the advice of an independent financial consultant.

BinXC, The Binary Exchange, is an informational website about online trading in binary options / digital options / all-or-nothing options. We do our best to give accurate and reliable information, but we do not provide investment advice or financial advice. All decisions made by the visitor based on the contents of this website are at the visitor’s own risk and the sole responsibility of the visitor. Neither BinXC nor its owner(s) and/or associate(s) can be held liable for the outcome of such decisions.

This website is aimed at the Australian and New-Zealand market, and does not accept visitors from the United States of America. Most of the brokers mentioned on this website do not accept U.S. clients. The contents of this website are not valid for the U.S. If you are a U.S. citizen or are in any other way subject to U.S. law, you should not use this website.