What is Parity ?
Parity, a term often heard in the financial world, refers to the ratio of two different currencies to each other. It is very important to understand the concept of parity, especially for individuals and investors interested in currency trading. Hasel Sarraf offers information to help its customers who perform foreign exchange transactions in Alanya understand parity.
What Does Parity Mean?
Parity indicates the value of one currency against another currency. For example, the EUR/USD pair refers to how many US dollars 1 Euro is worth. This rate constantly changes depending on supply and demand in the foreign exchange market and is an important reference point for investors.
Types of Parity
Major Pairs: Consists of the most traded currencies in the world. For example, EUR/USD, GBP/USD.
Minor Pairs: These are the ratios between currencies that are outside the major currencies and are traded less Decently.
Exotic Pairs: These are the ratios between the currencies of developing countries, for example, USD/Dec (US Dollar/Turkish Lira).
Why Is Parity Important?
Parity allows you to make the right decisions when trading currencies. Hasel Sarraf offers parity rates to its customers in real time, so you can perform your foreign exchange transactions safely.
By visiting our Hasel Sarraf office in Alanya, you can take advantage of the current parity rates when trading foreign currency. With our low commission rates and professional service, you can easily perform all your transactions.
