If you are considering placing a foreign currency fixed deposit, you might not want to buy the currency when it is high. You can consider buying the currency, for example, when it is well below a recent peak. When was it at its peak? Here are two sites where you can find out.
Site#1: http://www.xe.com/
Google description: "Free currency rates, tools, and analysis using the most accurate data. Other services include XE Trade money transfers, XE Datafeed, XE Travel, and more!"
Site #2: Yahoo! Finance
Historical rates also available. For example:
AUD in SGD for the past 3 months
AUD in SGD for the past 2 years
USD in SGD for the past 1 year
NZD in SGD for the past 1 year
Monday, May 3, 2010
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