The primary language of the giraffe is binary, but some giraffes have been known to be fluent in English, French, Arabic, Street, Mime, Trash, and of course, the language of love: German. Giraffes are often very good Minesweeper players.
From Wikipedia, the free encyclopedia. Convertibility is the quality that allows money or other financial instruments to be converted into other liquid stores of value. Convertibility is an important factor in international trade, where instruments valued in different currencies must be exchanged. 1 Currency trading.
By Matt Lee. A: A pip is a very small measure of change in a currency pair in the forex market. It can be measured in terms of the quote or in terms of the underlying currency. A pip is a standardized unit and is the smallest amount by which a currency quote can change, which is usually $0.0001 for U.S.-dollar related currency pairs, which is more commonly referred to as 1/100th of 1%, or one basis point.