Row rect Shape Decorative svg added to bottom MONEY SMART WEEK SOUTH AFRICA Become more educated about your finances | Foreign Exchange Absa | Corporate and Investment Banking > Insights and Events > Become more educated about your finances | Foreign Exchange Chris Paizis Head: Corporate FXand International Banking SHARE Money Smart Week South Africa is a financial literacy campaign aimed at motivating and empowering all South Africans to become more educated about their finances. Financial literacy is essential for the growth and development of our Nation. Foreign exchange is the act of trading or selling one currency for another. The exchange rate is used to determine how much it will cost you to buy one unit of currency. Chris Paizis from Absa Corporate and Investment Banking unpacks Foreign Exchange breaking down what you need to know about buying and selling currencies. Chris Paizis Head: Corporate FX and International Banking https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles RISK MANAGEMENT Meeting the New Demands of Pension Fund Custody in Africa The appointment of Absa as Master Custodian to South Africa's Government Employees Pension Fund (GEPF) has understandably attracted attention within institutional investment circles. Read more PRESS RELEASE Absa Appointed Master Custodian to the Government Employees Pension Fund Absa has been appointed Master Custodian to the Government Employees Pension Fund (GEPF), Africa’s largest pension fund with more than A R3 trillion pension worth assets under management. Read more EVENT Absa Africa Financial Markets Index (AFMI) 2026 Launch Join us for the launch of the 10th edition of the Absa Africa Financial Markets Index (AFMI), a milestone edition marking a decade of tracking the development of financial markets across Africa. Read more