Whether you’re a small business owner or you manage a huge corporation, whether you’re planning a short trip or a move to another country, or even if you just live in a country that imports most of its goods from the EU or the USA, you probably keep a close eye on the currency rates and conversions.
Take me for example, I own and manage a pharmacy in Lebanon, where we import most of our brand name drugs from the EU. Prices are appointed by the Ministry of Health and changed once the currency rates of their originating countries rise or fall by about 3 to 4%. This part of our work is an exercise in frustration, because if we stock on too much of a drug from France for example, and the Euro declines by 3-4%, the Ministry will lower the drug’s price accordingly and we’ll end up losing a part of our profit margin.
That’s why it’s not only important to have a good currency conversion app, it’s also essential to be able to track a currency’s rate across several months. To that end, I recently started looking for a solution on the Play Store, and fell in love with XE Currency. Read on for my full review.