Any currency that is not considered a major currency on the foreign exchange. This type of currency is sparsely traded. This means that it trades in low volumes and can be very expensive to trade due to wild shifts in prices.
Related information about exotic currency:
- Exotic Currency Definition | Investopedia
A foreign exchange term for a thinly traded currency. Exotic currencies are illiquid , lack market depth and trade at low volumes. Trading an exotic currency can ...
- Exotic Currencies
Select a base currency from U.S. Dollar, Euro, Pound, Yen, Australian Dollar and Swiss Franc, then you will see exotic forex rates against the base currency you ...
- Exotic Currency: Definition from Answers.com
Exotic Currency Currency that is not traded easily; there is no depth to the market. Exotic currencies have wide Bid and Asked Spreads in the over-the-counter.
- Exotic Currency Trading| Easy-Forex
Learn Forex Risks & Rewards With Easy-Forex Web Based Platform & Revolutionary Tools. See Our Information Center.
- The Risks of Making a Currency Transfer in an Exotic Currency
More than a hundred other currencies exist alongside the major five currencies and conducting a currency transfer in an exotic currency requires expert advice.
- What is EXOTIC CURRENCY? - The Law Dictionary
Definition of EXOTIC CURRENCY: A currency that is not widely used in international trade and financial transactions and is thinly traded in the FOREIGN ...
- Fx Currency Pairs - Major, Minor, Crosses, Exotic
Exotic Currency Pairs are currency pairs that are not common in the Foreign ... Exotic currency is usually from developing countries such as parts of Asia, the ...
- Exotic Currency Option Glossary - Forex Directory
Forex exotic option glossary dictionary. Content includes, fx barriers, currency atlantic options, digitals, knock-in/outs, asian, compounds, Forex Options Fx ...