1, network query
In view of the foreign exchange market of China Bank, search the past foreign exchange market online and enter the date and foreign exchange to be queried.
2. Financial related unit query
National financial supervision departments and exchange fund trading units have exchange rate records for all currencies, such as CBRC, exchange fund and commercial fund trading business units, which can accurately query exchange rate information.
3. Bank inquiry
Go directly to the major banks, they have exchange rate records of various currencies at various times, and the exchange rate information is very accurate.
4, foreign exchange futures fund trading software query
You can download some exchange fund trading software, securities trading software, futures trading software and spot trading software. Basically, there are historical trading quotes for inquiry.
Factors affecting the fluctuation of foreign exchange rate
1, balance of payments
The balance of payments is a comparison between a country's total monetary income and the total monetary expenditure paid to other countries. If the total monetary income is greater than the total expenditure, there will be a balance of payments surplus, on the contrary, it is a balance of payments deficit. The balance of payments can directly affect a country's exchange rate. The balance of payments surplus will make the foreign exchange rate of the country's currency rise, on the contrary, the exchange rate of the country's currency will fall, which is the most direct factor affecting the exchange rate.
2. Interest rate
Interest rate is the basic reflection of a country's borrowing situation and plays a decisive role in exchange rate fluctuations. The interest rate level has a direct impact on international capital flows. Capital inflows occur in countries with high interest rates and capital outflows occur in countries with low interest rates. Capital flow will change the relationship between supply and demand in the foreign exchange market, thus affecting the fluctuation of foreign exchange rate. Generally speaking, the increase of a country's interest rate will lead to the appreciation of its currency, and vice versa.
3. Inflation
Inflation will lead to the decline of the country's currency exchange rate, and the easing of inflation will make the exchange rate rise. Inflation affects the currency value and purchasing power of the local currency, which will weaken the competitiveness of export commodities, increase import commodities, have a psychological impact on the foreign exchange market and weaken the credit status of the local currency in the international market, all of which will lead to the depreciation of the local currency;
4. Political situation
Changes in the national and international political situation will have an impact on the foreign exchange market. Political changes generally include political conflicts, military conflicts, elections and regime changes. These political factors sometimes have a great impact on the exchange rate, but the impact time limit is generally short.
5. Economic growth rate
This is the most basic factor affecting exchange rate fluctuations, and the growth of gross national product will lead to the growth of national income and expenditure. The increase of income will lead to the expansion of the demand for imported products, and then expand the demand for foreign exchange and promote the depreciation of the local currency. The increase of expenditure means the increase of social investment and consumption, which is conducive to promoting the development of production, improving the international competitiveness of products, stimulating exports and increasing foreign exchange supply. So in the long run, economic growth will cause the appreciation of the local currency.