Friday 8 July 2011

Quotations in Exchange Rates

It is well known quotes using the currency unit of the host currency and the direct quotation or price, used in most other countries.

* Direct quotation: the currency / currencies
* Indirect quotation: Foreign Currency / Home Currency

Note If the unit is to strengthen the currency / estimation (ie if the currency converter became more valuable), then increase the rate of exchange number. On the contrary, if the price is the strengthening of the currency, and the low exchange rate of the currency and the unit is off.

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