Indirect quote - Revision history

imported>Doug Williamson: Classify page.

2022-07-01T16:44:56Z

Classify page.

← Older revision		Revision as of 16:44, 1 July 2022
Line 57:		Line 57:
	== Other resource ==		== Other resource ==
	[[Media:June_16_TT_Base_jumper.pdf\| Base jumper - applying direct and indirect exchange rate quotes, The Treasurer]]		[[Media:June_16_TT_Base_jumper.pdf\| Base jumper - applying direct and indirect exchange rate quotes, The Treasurer]]

			[[Category:Financial_products_and_markets]]

2022-07-01T14:48:03Z

Remove surplus link.

← Older revision		Revision as of 14:48, 1 July 2022
Line 49:		Line 49:

	== See also ==		== See also ==
	*[[Base currency]]		*[[Base currency]] = fixed currency
	*[[Direct quote]]		*[[Direct quote]]
	*[[Fixed currency]]
	*[[USD]]		*[[USD]]
	*[[Variable currency]]		*[[Variable currency]]


	== Other ~~resources~~ ==		== Other resource ==
	[[Media:June_16_TT_Base_jumper.pdf\| Base jumper - applying direct and indirect exchange rate quotes, The Treasurer]]		[[Media:June_16_TT_Base_jumper.pdf\| Base jumper - applying direct and indirect exchange rate quotes, The Treasurer]]

2016-12-13T15:59:30Z

Add link.

← Older revision		Revision as of 15:59, 13 December 2016
Line 54:		Line 54:
	*[[USD]]		*[[USD]]
	*[[Variable currency]]		*[[Variable currency]]


			== Other resources ==
			[[Media:June_16_TT_Base_jumper.pdf\| Base jumper - applying direct and indirect exchange rate quotes, The Treasurer]]

2015-05-30T12:04:39Z

Added missing 'a' to first line

← Older revision		Revision as of 12:04, 30 May 2015
Line 1:		Line 1:
	An 'indirect' quote is foreign exchange rate quotation where fixed amounts of the domestic currency are expressed as variable amounts of the domestic currency.<br />		An 'indirect' quote is a foreign exchange rate quotation where fixed amounts of the domestic currency are expressed as variable amounts of the domestic currency.<br />
	This means that the amount of foreign currency is <u>divided</u> by the given exchange rate, to obtain the domestic currency equivalent.		This means that the amount of foreign currency is <u>divided</u> by the given exchange rate, to obtain the domestic currency equivalent.

2015-05-30T11:38:27Z

Align with qualifications material.

@@ Line 1: / Line 1: @@
-A foreign exchange rate quotation where the foreign currency amount is divided by the quoted rate, in order to calculate the domestic currency equivalent.
+An 'indirect' quote is foreign exchange rate quotation where fixed amounts of the domestic currency are expressed as variable amounts of the domestic currency.<br />
-'''Example'''
+<b>Example 1</b><br />
-USD 100m would be worth:
+From the perspective of USD, this is a indirect quote.<br />
-= EUR 80m.
+As a USD-domiciled person, we divide by the quoted rate of 124.15, to work out our domestic currency (USD) equivalent.
 == See also ==
-* [[Base currency]]
+*[[Base currency]]
-* [[Direct quote]]
+*[[Direct quote]]
-* [[USD]]
+*[[Fixed currency]]

2015-03-21T23:00:02Z

Add example.

← Older revision		Revision as of 23:00, 21 March 2015
Line 1:		Line 1:
	A foreign exchange rate quotation where the foreign currency amount is divided by the quoted rate, in order to calculate the domestic currency equivalent.		A foreign exchange rate quotation where the foreign currency amount is divided by the quoted rate, in order to calculate the domestic currency equivalent.


			'''Example'''

			From the perspective of a EUR-based entity, the exchange rate EUR 1 = 1.25 USD would be an indirect quote.

			USD 100m would be worth:

			100 / 1.25

			= EUR 80m.

2015-03-21T20:37:00Z

← Older revision		Revision as of 20:37, 21 March 2015
Line 1:		Line 1:
	A foreign exchange rate quotation where the foreign currency amount is divided by the quoted rate, in order to calculate the domestic currency equivalent.		A foreign exchange rate quotation where the foreign currency amount is divided by the quoted rate, in order to calculate the domestic currency equivalent.


	== See also ==		== See also ==

2015-03-21T20:35:54Z

Generalise, from the USD only case.

← Older revision		Revision as of 20:35, 21 March 2015
Line 1:		Line 1:
	A foreign exchange rate quotation where the ~~USD~~ is the ~~base~~ currency.		A foreign exchange rate quotation where the foreign currency amount is divided by the quoted rate, in order to calculate the domestic currency equivalent.

	== See also ==		== See also ==
Line 5:		Line 5:
	* [[Direct quote]]		* [[Direct quote]]
	* [[USD]]		* [[USD]]

2012-10-23T14:19:51Z

CSV import

New page

A foreign exchange rate quotation where the USD is the base currency.

== See also ==
* [[Base currency]]
* [[Direct quote]]
* [[USD]]