Why would anyone buy with higher currency exchange from the black market?

I know there’s the whole hard currency vs. weak currency issue. I can also understand how the sellers of these currencies earn money throught the black market trading.

But what is really confusing me is that why would anyone be willing to exchange up to or even more than double the official exchange rate in black market for a stronger currency (say wanting to buy USD with Zimbabwe dollars)? Why can’t they just exchange it at a cheaper exchange rate at the legal exchange places?


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How do you calculate a currency exchange rate?

I’m going out of country to Japan and I am going to be missing school so my math teacher wants me to calculate the currency exchange rate for both weeks I’ll be there.


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How do change over a title at a currency exchange and how much will it cost?

My cousin is giving me a 1993 olsmobile 88. How much will it cost to change the title over at a currency exchange.


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Who determines the currency exchange rate between countries?

Why is it that the areas or world with the most natural food and mineral resources (i.e. tropical countries) tend to be the poorest? Why aren’t currency exchange rates all the same? What is so special about the G8 countries or economies?


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What is the best forex robot available and do you recommend?

Im very interested in getting a Forex robot to trade for me. I have heard great things about forex robots, But I am not sure which forex robot works the best. Im a new to forex completely and Im just looking for an automated way to make money from home. Would you even recommend trading with a forex robot at this current economic time? How much many can make with a forex robot and what is the best forex robot from your personal experience. Please help. Thanks


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How can someone get the best currency exchange for their foreign currency?

I traveled and came back to the US, with a bunch of currency from Trinidad, Costa Rica and the Dominican Republic. How can I get the best exchange to US Dollars, as close as possible to the going exchange rate?
I traveled and came back to the US, with a bunch of currency from Trinidad, Costa Rica and the Dominican Republic. How can I get the best exchange to US Dollars, as close as possible to the going exchange rate?

I am exchanging the currency in New York.

Also, compared to the listed exchange rates for these currencies, what percentage of the cash can I expect to get back when exchanging? for example, for one of the currencies the rate was approx. 34 units to 1 US$ on a particular day, yet a currency exchange place was offering 41 units to 1 US$. Is this a reasonable difference?


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What is the best forex robot available and do you recommend?

Im very interested in getting a Forex robot to trade for me. I have heard great things about forex robots, But I am not sure which forex robot works the best. Im a new to forex completely and Im just looking for an automated way to make money from home. Would you even recommend trading with a forex robot at this current economic time? How much many can make with a forex robot and what is the best forex robot from your personal experience. Please help. Thanks


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How much they usually charge for currency exchange at the airports?

I’m travelling to Brazil, and not sure how the exchange works. I am advised to exchange my money at a jewelry store, but don’t know any nearby the place I’m going to. Do the jewelries store really accept currency exchanged?


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Forex …..?

sometime the rate of banks increase but the market go against it .. why


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Currency exchange?

If I travel abroad and need to exchange currency before I go, (1) where can i exchange it? and (2) is there a fee to change my money from US dollars to Euros or Yen?


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