How to calculate inverse currency exchange rate ? |
I would like ask how to calculate the exchange rate of the second currency in a pair (inverse currency rate).
For example:
If I know the exchange rate of currency pair USD/EUR, how do I get the exchange rate of EUR/USD ? |
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posted on 25.05.2019 at 17:33 |
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The calculation of inverse currency exchange rate is quite simply. It is needed to divide 1 by the current exchange rate.
If exchange rate of USD/EUR is 0,892343 then the exchange rate of EUR/USD is 1 / 0,892343 = 1,12065 |
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posted on 26.05.2019 at 13:55 |
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