Direct and indirect currencies
The terminology in the currency market to the euro and the pound sterling are base currencies against the dollar, and thus two of the first placed RmazihmaAs follows: EUR / USD and GBP / USD. And the price which is placed in front of any of the previous two versions is the amount required to pay the dollar for one euro or one pound.When we say: EUR / USD = .9000This means that to be paid from the dollar = 0.9000 for one euro.When we say: GBP / USD = 1.5000This means that to be paid from the dollar = 1.5000 for one pound. Be called the currency is the base currency against the U.S. dollar currencies direct.Currencies Direct is the currency symbol that is placed before the dollar sign and which is the base currency and the most important of these currencies in the international market for currencies is the Euro EUR / USD British Pound GBP / USD Australian Dollar AUD / USD
Terminology has been in the currency market to be the U.S. dollar is the base currency against the yen and Swiss franc. And thus the dollar symbol is placed first in the formula and then put the code yen or the franc.As follows: USD / JPY and USD / CHF.When we say: USD / JPY = 120This means that to be paid from the yen = 120 yen for one dollar. Where the dollar is the base currency.When we say: USD / CHF = 1.4000This means that the required payment of CHF = 1.4000 for one dollar.
Be called the currency against which the dollar is the base currencyIndirect currency.Indirect currency is the currency symbol is placed before the U.S. dollar and the dollar is the base currency and the most important of these currencies in the international market for currencies is the Japanese Yen USD / JPY CHF USD / CHF CAD USD / CAD
Why was the term that the euro and the pound sterling currency direct, while the yen and the franc currency indirect? Answer:
It's just a term ..!!Perhaps the purpose of simplification, because if we want to know how many dollars to be paid for the yen and the one it requires a lot of fractures, so the dollar against the franc and the yen is the currency basis. In fact, the differences in coding between the currencies of direct and indirect effects in many of the things that will Tkablk in the post.
The terminology in the currency market to the euro and the pound sterling are base currencies against the dollar, and thus two of the first placed RmazihmaAs follows: EUR / USD and GBP / USD. And the price which is placed in front of any of the previous two versions is the amount required to pay the dollar for one euro or one pound.When we say: EUR / USD = .9000This means that to be paid from the dollar = 0.9000 for one euro.When we say: GBP / USD = 1.5000This means that to be paid from the dollar = 1.5000 for one pound. Be called the currency is the base currency against the U.S. dollar currencies direct.Currencies Direct is the currency symbol that is placed before the dollar sign and which is the base currency and the most important of these currencies in the international market for currencies is the Euro EUR / USD British Pound GBP / USD Australian Dollar AUD / USD
Terminology has been in the currency market to be the U.S. dollar is the base currency against the yen and Swiss franc. And thus the dollar symbol is placed first in the formula and then put the code yen or the franc.As follows: USD / JPY and USD / CHF.When we say: USD / JPY = 120This means that to be paid from the yen = 120 yen for one dollar. Where the dollar is the base currency.When we say: USD / CHF = 1.4000This means that the required payment of CHF = 1.4000 for one dollar.
Be called the currency against which the dollar is the base currencyIndirect currency.Indirect currency is the currency symbol is placed before the U.S. dollar and the dollar is the base currency and the most important of these currencies in the international market for currencies is the Japanese Yen USD / JPY CHF USD / CHF CAD USD / CAD
Why was the term that the euro and the pound sterling currency direct, while the yen and the franc currency indirect? Answer:
It's just a term ..!!Perhaps the purpose of simplification, because if we want to know how many dollars to be paid for the yen and the one it requires a lot of fractures, so the dollar against the franc and the yen is the currency basis. In fact, the differences in coding between the currencies of direct and indirect effects in many of the things that will Tkablk in the post.
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