Perfect if you want the flexibility to make your transactions in U.S. funds and avoid the hassles of
daily currency fluctuations.
Daily currency fluctuations are usually very small.
Not exact matches
Virtual
currencies, especially Bitcoin and Ethereum (the two biggest), have significantly fallen off from their record - high prices, and the
daily price
fluctuations are more in line with normal stocks.
On a
daily basis we read news of
currency fluctuations and the economic activity of our neighbours down south.
Visa sets the rate
daily for buying pesos, but prices for dollars may fluctuate modestly at the exchange houses over the course of a day.Thus, most or all of the spread is likely not due to
currency fluctuations.
As we've explained, funds hedge
currency using instruments called
currency forwards, typically updating these contracts once a month, which means they can't track
daily fluctuations.
While most bitcoin investors obsess over its
daily price
fluctuations, he says BTC prices are the most boring thing about the budding virtual
currency market.