How does currency conversion affect my investments?
Jun 11, 2024•Channel
AI Analysis
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Video Overview
Video Details
PublishedJun 11, 2024
Duration3:16
Video IDzuuefVJbygM
Languageen
CategoryEducation
PrivacyPublic
Made for KidsNo
Video TypeRegular Video
Performance Metrics
Views5.8K
Likes127
Comments14
Engagement Rate2.44%
Likes per 100 views2.20
Comments per 1K views2.42
Description
Have you noticed how sometimes the share price hasn’t changed, but you still see a profit or loss on your international stocks?
Our video on multi-currency accounts is here to make sure you have the tools and knowledge to get the most out of your investments in the stock market.
In this latest video, we cover:
▪ The bid-ask spread in the FX market
▪ How do FX fees work?
▪ How does the exchange rate affect your international stock returns?
This information is not investment advice. Do your own research.
⌚ Timestamps:
00:00 Introduction to currency conversion
00:41 What is currency conversion?
01:02 Exchange rate explained
01:20 Spread explained
01:46 FX fee explained
01:55 Impact on investments
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When investing, your capital is at risk. Investments can fall and rise, and you may get back less than you invested. The information in the video was correct at the time of recording but may have since changed.