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The unprecedented surge in competition has caused many exchanges to seek safety in size.
Because a trading floor costs more money, many exchanges are abandoning traders for electronic systems.
Drawing on the reach of the Internet, many exchanges include participants from around the world.
This small democracy, independent from Britain since 1981, has many exchanges with the United States.
Many exchanges, for example, have rules that require them to fill orders from retail investors before those from pros.
But in the last two years, many exchanges have had difficulty starting and many others have closed.
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Many exchange programs require students to get a written agreement.
Many exchange desks at airports and in heavily-touristed areas offer poor exchange rates.
Most drivers had no idea what caused the crisis, though many exchanged conspiracy theories.
That pitted her against many exchange members and its chief executive, Daniel Hodson.
Others wanting to buy dollars and euros found many exchange offices shut or not selling hard currencies, while several banks put a $500 limit on exchanges.
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