Based on the next table, calculate the EUR/NZD quote. EUR/USD 1.15829 USD/JPY 105.790 GBP/USD 1.31236 USD/CHF 0.95387 AUD/USD 0.77200 USD/CAD 1.25622 NZD/USD 0.65938   Report 5 digits after the decimal point (X.XXXXX)

Q: A set of tools is worth P3,000.00 subject to 10%, 5% and 2% trade discounts. Determine the: a.…

A: Trade discount:   It is the discount that a supplier gives to its clients when they buy in bulk.…

Q: which one is correct please confirm? Q7: If GBP/USD 1.4462/67 and USD/CHF 1.6688/93, what is the…

A: GBP/USD =  1.4462-1.4467 USD/CHF =  1.6688-1.6693

Q: .If the direct price of the USD is DM2.7 in 1990 Frankfurt and transaction costs were 0.43% of the…

A: In the given question we require to calculate the minimum- maximum direct quotes for the DM in New…

Q: or the following practice questions use these rates that your bank has quoted you:   EUR/USD:…

A: Given information from question   EUR/USD:        1.0175 – 1.0180 GBP/USD:        1.2065 – 1.2070…

Q: f the spot rate is USD1.45 per SGD and the AUD is 0.90 per USD, how much is S$1,000 worth in AUD (to…

A: In the International financial and foreign exchange market, the value of currencies is…

Q: Fill in the blanks based on direct and indirect quotes. Currency US $ Equivalent JPY (Yen) EUR…

A: While doing business international level we have convert from one currency to other but it may be…

Q: Complete the cross rates table (matrix) below by using only the exchange rates given in the matrix…

A: CROSS RATE = 1/ EXCHANGE RATE FOR EXAMPLE, 1 CNH = 0.1545 USD THEREFORE,  1 USD = 1/0.1545 CNH…

Q: Coffenicy CDEE RIN Pen CS Per USS Per EUR Canadian dollar (CS) U.S. dollar (USS) Euro (EUR) 1.00…

A: Particulars  C $   US $  € Canadian $ 1 1.0889 1.3051 USA $ 0.9184 1 1.1986 Euro (EUR) 0.7662…

Q: USD/AUD 0.5300 AUD/EUR 1.6428 USD/EUR 0.8782

A: Arbitrage profitIt occurs when financial instruments that are being traded in 2 different financial…

Q: If $1 = 106.45 Japanese yen, 1 Japanese yen = 0.00966 euro, and 1 euro = 9.0606 Mexican pesos, then…

A: Currency exchange refers to the amount of currency it would be required to acquire another currency.…

Q: An Indian bank displayed the spot rate, 30 days and 60 days forward rates for INR/USD as follows:…

A: The forward rate will be the spot rate plus the 60-day forward premium

Q: Hello, please help with letter a. Thank you 1) ABC Corp has Accounts Receivable of FC 400,000 and…

A: Accounts receivables are the sum of money entitled to be received by the company for supply of goods…

Q: Below are the spot and 3-month quotation for RM/EUR and RM/JPY Kuala Lumpur Quotations: 100 unit of…

A:

Q: Refer to the following closing prices of USDTWC and XYZUSD. Compute for the corresponding %MTD…

A: Hi there, Since you have asked multiple question, we will solve the first question for you. If…

Q: Dealer 1 offers the following exchange rates: 1 USD = 1.195 CAD1 USD = 0.637 GBPDealer 2 offers the…

A: In order to generate arbitrage profit, first USD will be sold to but CAD, then through dealer 2,…

Q: ABC LTD's average trade receivables and trade payables for an accounting period are R12.5m and R18m…

A: Trade receivables collection period = 365 / (Credit sales / average trade receivables) = 365 /…

Q: 1. Based on the following information, answer the problems showing procedure for each problem.…

A: In the foreign exchange market, a currency forward is a legally binding contract that locks in the…

Q: USD/AUD 0.5300 AUD/EUR 1.6428 USD/EUR 0.8782

A: Starting with 1 USD, converting USD to AUD , AUD to EUR and EUR to USD

Q: Calculate the quarterly compounded rate (j4) equivalent to a monthly compounded rate of 8.70% (j12).…

A: Given: Monthly compounded rate =8.70% Effective annual rate = (1+ rm/ n)n -1 where rm = rate for…

Q: The following are quotes for four currencies with the quote in terms of US dollars per unit.…

A: Foreign Currency Exchange: The price of the domestic currency relative to another currency is…

Q: Use the following chart to answer the next two questions. 2/17 2/18 2/19 £.8/S $1.30/£ £9/S V125/S…

A: The appreciation or depreciation in a currency can be identified by comparing the exchange rates of…

Q: elp me understand how to interpret the following currency pairs(in a much simplified way)…

A: The currency pair is a relationship between the two foreign currencies of the different countries.…

Q: Suppose that on the statement for a money market account, the initial balance was $7744.70, the…

A: Annual Percentage Yield (APY) is the interest rate at which the money is invested in savings account…

Q: Use the following exchange rates to calculate the cross rates:              EURUSD = 1.0500…

A: Solution:- Exchange rate means the rate of one currency in terms of other.

Q: Suppose you have the following information:1 USD= 67.265  INR1 GBP= 1.114 USDWhat is the INR/GBP…

A: First determine, how much is 1 USD in GBP Now,

Q: 2. Complete the following table specifying the under and over valuation for each set of currencies.…

A: Here,

Q: Question Items EUR/USD USD/MYR USD/SGD Spot (28 October 2018) 1.1017/18 4.2200/699 1.3917/87…

A:

Q: 1 - Enterprise A's FX safe balance is 1000 $ and the registered exchange rate is 4.60 TL. The entity…

A: Answer In the given question enterprise A has a safe balance of $ 1000 and the registered rate is 1$…

Q: 15. Calculate the current exchange rate AUD/GBP, given these two quotes: AUD/USD 0.5640-50 GBP/USD…

A: AUD/USD 0.5640-50 GBP/USD 1.5850-60   USD/GBP 1/1.586 : 1/1.585 USD/GBP 0.6305-0.6309   AUD / GBP =…

Q: You observed the following quotes between Canadian dollars (C$), euros (€) and Swiss francs (CHF) on…

A: We can convert our currency into another currency by using the exchange rates for two currencies in…

Q: For the below questions use these rates that your bank has quoted you: EUR/USD:        1.0175 –…

A: As per our guidelines, we are supposed to answer only 3 sub-parts (if there are multiple sub-parts…

Q: The forward rate is 0.8500-0.8650 euros to the 1$ What will a euro 2,000 receipt be converted to at…

A: As per forward rate, the sell rate is 0.865 If 2000 euros converted to $ at forward rate then it…

Q: Items EUR/USD USD/MYR USD/SGD SPOT (2018) 1.1017/18 4.2200/699 1.3917/87 1 MONTH 437/492 74/119…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: Suppose that the quote for Euro is 1.1120-44/EUR. If you want to buy 259, which of the following is…

A: The quote for Euro 1.1120-44/EUR  represents the bid-ask spread whereby the bid is 1.1120 and the…

Q: Use the following exchange rates to calculate the cross rates:                EURUSD = 1.0500…

A: EUR/USD = 1.0500 GBP/USD = 1.2505 AUD/USD = 0.7050 USD/JPY = 134.75 USD/MXN = 19.2585 USD/CAD =…

Q: For the below questions use these rates that your bank has quoted you: EUR/USD:        1.0175 –…

A: Solution:- Cross rate means the rate of two foreign currencies of which direct quote is not given.

Q: Use the following chart to answer the next two questions. 2/17 2/18 2/19 £.8/S $1.30/£ £9/S ¥125/S…

A: 2/17= €1.1/$

Q: Q4: How much interest is earned on a euroJPY deposit of JPY3 billion paying 0.58%pa for 273 days?…

A: Interest Earned = Principal * Rate * Time

Q: . Sav whether the stated currency has appreciated or depreciated. Ex rate at t=1 Ex rate at t=2…

A: Currency appreciation and depreciation: Foreign exchange rates are quoted for currency pairs like…

Q: You observed the following quotes between Canadian dollars (CS), euros (€) and Swiss francs (CHF) on…

A: The exchange rates between two currencies can be computed by using the rates for those two…

Q: Masters Corp has a 100,000 foreign currency denominated accounts receivable on its books that is due…

A: Formula: Gain / ( loss ) = Ending date dollar value - Beginning date dollar value. Beginning date…

Q: What total amount should be reported as current trade and other receivables? a. 2,200,000 b.…

A: Trade receivables can be defined as a form of current assets which represents the amount that is…

Q: poods are to be insured at 110% CIP value. Total invoice value for the goods is US $26.000.00 The…

A: CIP is Carriage and Insurance Paid.  In this type the seller is…

Q: 1. Based on the latest exchange rates, how much does one USS, Euro, British Pound, Mexican Peso, and…

A: As per the latest exchange rates, a. 1 US$ would cost 1.2738 CAD$ b. 1 Euro would cost 1.5380 CAD$…

Q: Assume that USD 1 is equal to JPY 98.56 and also equal to CAD 1.22. Based on this, the CROSS-RATE…

A: The Cross rate is the foreign rate that tells us the exchange rate between the two currencies,…

Q: If GBP/USD 1.4462/67 and USD/CHF 1.6688/93, what is the GBP/CHF rate?

A: Cross rate- When the exchange rate between 2 currencies is calculated with the help of a mediator…

Instruments of Foreign Exchange Market

Foreign exchange is a worldwide market in which one nation’s currency is converted into another nation’s currency. In further terms, exchanging of nations currency with foreign currencies. Foreign exchange happens at a specified rate which is termed the foreign exchange rate. The exchange rates are not constant continuously changing as they are derived by market forces of supply and demand. Widely used foreign currencies are the United States- dollar, Euro, Japanese Yen, British pound, and Australian dollar. US- dollar is the most denominated foreign currency. The Euro to US dollar is a widely used currency pair in the forex market as these two currencies represent the world’s enormous economy. Forex trade is simple as exchanging currencies at the bank. The main players of forex markets are the central banks, financial institutions, intermediaries, investments banks, and other banks. Central Bank is the supreme player who decides the currency value of their own nation on the forex market. Mostly foreign exchange-traded at FX market (forex market) when tourists’ visits a foreign country, import, and export happens between two countries.