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Exchange rates

This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.

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March 14, 2015 at 5:49 pm #232396
sogan0
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How do i know when to multiply or divide. Am i correct by selling if im calculation the first currency i multiply and if im calcuting the second currency i divide?
March 14, 2015 at 6:38 pm #232405
John Moffat
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- Topics: 57
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Yes, you are correct, but I do suggest that you watch the free lectures on Foreign Exchange Risk Management. The first part of the first lecture does spend time explaining how to use exchange rates to convert.
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