Commerzbank determines foreign exchange rates in Germany ongoing from 02.00 to 19.00 local time on every bank business day in Frankfurt, based on Commerzbank's own current foreign exchange market quotations. Commerzbank uses these determined exchange rates for the purpose of settling its clients' foreign exchange transactions, at the prevailing bid or offered rate (the bank's purchasing or selling price), unless an individual foreign exchange trade has been entered into. These exchange rates will not be updated during the course of the day.

Selection of a specific currency pair (f.i. EUR/USD) and a date will generate a chart showing intraday mid rates of the respective currency pair.

The rates returned in the enquiry response are presented in 'Candlestick' representation showing the standard Open-Hi-Lo-Close (OHLC) rate information. Throughout the 17 hour period displayed, rates are shown for each 30 minute period represented by a candlestick and for each one:

  • If the candlestick is green, it indicates an upward trend in the exchange rate, i.e. the opening rate is lower than the closing rate.
  • If the candlestick is red, it indicates a downward trend in the exchange rate, i.e. the opening rate is higher than the closing rate.
  • The Highest rate is indicated by a thin line extending from the top of the candlestick and represents the highest rate a client would expect to pay when buying Euros during this interval. Note: This may be equal to the rate at the top of the candlestick 'body' if it is coloured red as the exchange rate has dropped during this period.
  • The Lowest rate is indicated by a thin line extending from the candlestick and represents the lowest rate a client would expect to receive when selling Euros during this interval. Note: This may be equal to the rate at the bottom of the candlestick 'body' if it is coloured green as the exchange rate has increased during this period.