In this example, it is USD.Ĭheck the order of the currencies. You want to calculate the EUR/GBP cross rate.įind your common currency - the currency that occurs in both pairs.You also know the dollar-pound rate, and it is 0.8 USD/GBP.Let's say you know the euro-dollar rate, and it is 1.1 EUR/USD.Let's see how to use it in practice with numbers. Now that you know the cross currency conversion formula. Enter the quotations and we will take of care of calculating the cross rates properly. For example, "A" could be EUR, "B" - GBP, and "C" - USD. As you can see the letter "C" is present in both pairs and represents the common currency. The capital letters "A", "B", and "C" each represent different currencies. Alternatively, you can use our calculator instead.Once you've done this, line your quotes up and do the same as before, diving the first rate by the second: ![]() In other words, you need to find the reciprocal of a fraction: `1 ÷ USD/EUR = EUR/USD`. In simple terms, you need to "flip" one of the pairs. You want the common currency - USD - to be the denominator in both quotes. ![]() This time you have quotes for USD/EUR and GBP/USD. Let's stay with the currencies from the previous example.
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