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Understanding Target Currencies: A Guide for International Trade and Investments

Target currencies are crucial in the realm of international trade, investments, and financial planning. They represent the specific currencies that individuals or businesses aspire to convert their base currency into, thereby facilitating various financial activities. The selection of a target currency is driven by specific objectives and requirements, such as optimizing transactional efficiency…
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API

Currency Symbol - What Is a Currency Symbol?

What Is a Currency Symbol? A currency symbol is a diagrammatic display of a currency’s name.  The currency symbol is generally but not always particular to a country or region.  These abbreviated currency IDs frequently replace conventional currency names in the…
API

Static IP Address – What Is a Static IP Address?

An IP address refers to a unique number allocated to devices connected over a network. It is used by network devices to communicate with each other. There are four types of IP addresses: private, public, dynamic, and static. A static IP address is a permanent non-changeable…
API

SSL Encryption - What is SSL Encryption?

What is SSL Encryption? Prior to the advent of TLS (Transport Layer Security) in 1999, Secure Sockets Layer (SSL) was the most extensively adopted cryptographic protocol for providing security over internet communications. Although the SSL protocol has been deprecated and replaced by TLS, this type of technology is still generally referred to as SSL. SSL establishes a secure connection between two…
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API

SMTP - What is Simple Mail Transfer Protocol (SMTP)?

What does SMTP mean? Simple Mail Transfer Protocol is a collection of communication protocols that allows applications to send email messages over the internet. SMTP is a program that uses email addresses to deliver messages to other computer users. What is SMTP and how does…
API

Rest API – What Is a Rest API?

What Is a Rest API? A REST API (commonly known as a RESTful API) is a sort of application interface (API or web API) that follows the restrictions of the REST organizational approach and facilitates interaction with RESTful web services.  Short for representational state…
API

Real Time IP—What is Real-time IP?

What is Real-time IP? Both TCP and UDP are built on top of Internet Protocol (IP). The Real-time IP delivers streaming of audio and video over the internet by enabling Voice Over Internet Protocol (VOIP). Internet Engineering Task Force (IETF) designed Real-time IP (RTP) for sending live or real-time videos over the internet via discrete branches known as Packets. Due to the distributed nature of…
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API

Quotes – What Are Quotes?

What Are Currency Quotes? In foreign exchange terms, a pair of currencies are quoted against each other.  The base is the first listed currency in a currency pair, whereas the quote is the second listed currency, the benchmark.  Currency pairs are intended to be compared…
API

Public IP Address - What is Public IP Address?

What is Public IP Address? You are likely aware that an IP address is a number in the format aaa.bbb.ccc.ddd. It is this IP address that devices use to communicate with other devices over the Internet. Thus, public IP addresses are those permanent/unique IP addresses allocated to Internet-connected devices and can be routed over the Internet independently. They serve as permanent addresses for…
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