Follow

What is the market mid-rate?

The mid-rate is simply the point where demand meets supply for a certain currency. Therefore, it is considered to be the most exact rate on which financial services rely on and use. It is important to understand that as supply and demand change constantly, so does the mid-rate.

You can easily find out what the mid-rate is for every currency by going to Google or Yahoo Finance.  

0 Comments

Please sign in to leave a comment.