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In finance, a currency swap (more typically termed a cross-currency swap (XCS)) is an interest rate derivative (IRD).In particular it is a linear IRD and one of the most liquid, benchmark products spanning multiple currencies simultaneously.It has pricing associations with interest rate swaps (IRSs), foreign exchange (FX) rates, and FX swaps (FXSs) Forex Swap Definition | Forex Glossary by BabyPips.com
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Yearly Average Rates. View twenty years of exchange rate data for over 55 currencies. Choose currency pair. Keep track of exchange rates. These tools can help you get the best rate. READ MORE. Read our Daily & Weekly Commentary. Stay up-to-date with market movements. SIGN UP.
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