Defining Exchange Rates

Have you traveled between countries? Have you ever had to change money at an airport, bank or train station? If you have, you've already dealt with exchange rates.

You've seen the electronic charts in the airports and in bank windows. You've heard the news anchor talk about the dollar being up or down against the yen or euro. But what does that mean?

AllStays Travel Money is here to help. See our series on defining exchange rates in plain words.