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Міжнародні розрахунки та валюні операції - Savluk M.І.

10.4. Cross-curse tah rasraunook

Operation with currencies on the Forex market does not depend on the US dollar. Can takozh conduct operations with nimetskoe marcoi proti pound sterlingov, єni - proti australynyskogo dolara tochno. Cros-course (cross-rates) - tse course obmіnu mіzh EYAD currencies for vinyatkom US Dolar. Prior to the number of active international currencies in the conversion rates, there are: GBP / JPY, Japanese to GBP / JPY, Euro to Japanese / EUR / JPY, Euro to Swiss franc EUR / CHF. In Ukraine, the kroon-course is represented by the following currencies: British pound to the Ukrainian hryvnia GBP / UAH, Carbovets of Russia to the Ukrainian hryvnia RUB / UAH, EUR to UAH EUR / UAH. It is a pity that the exchange rate of the currencies before UAH is not carried out in Ukraine through those practically all trade contracts that are accounted for by the US dolars.

Cros-Currency exchange - tse vtorinny pokaznik. Wongs rozrahovuyutsya through the main currencies of currencies is visually dolar. Tobto cross-rate English pound before japanese єни розраховується виходячи з поточних курсів англійського фунта і єни відносно долара. Navlit kolly mozhno mozmolisty conduct operations with cross-rates, you can vikonati tsі opytії for dopomojju the basic courses of currencies vidnosno dolara. Acts of "exotic" currency can not be misused by mothers to cross-rates one by one and traded through the US dollar.

Ignat three ways of rozraunku kros-kursіv z urauvuvannamu chi є kotiruvannya currencies to Dolar direct chi indirect:

• Two direct quotations,
• Directly and indirectly,
• Two ringing quotations.

Rozraunok kros-rate for currencies from direct quotations to the US dollar (dolar is the base for quotation for both currencies).

For example, you must know the cross rate of the Canadian dollar and the Japanese currency - CAD / JPY, the price quotation for the Canadian Dollar and the Japanese dollar to the US dollar is USD / CAD = 1.5652 / 58 USD / JPY = 107.34 / 40.

Існує rule rozraunku chyogo cross-course:

• For the won side of the bid, cross rate, slid up the side of the bid to the rate of currency, whilst appearing in the cross-rate in the currency of the quotation, on the side of the offer to the exchange rate, but at the cross-rate to serve as the basis for the quotation;
• For the awarded side, offer the crossover rate to the side offer a rate of exchange, which appears in the cross rate in the currency of the quotation, on the side of the bid, the currency rate, at the cross-rate, serve as the basis for the quotation.

Direct quotation = bid / offer

Direct quotation = bid / offer

Otzhe, yaksho dolar US є base of quotation for both currencies, then for rozraunku їхнього крос-курсу требілити доларові курси цици валют.

Conducted rozraunok the value of the course kros-course in rounded up to the 2nd sign:

Thus, the cross-rate CAD / JPY = 68.55 / 68.62.

In case of need, rozrauvaty i cross-rate JPY / CAD for the addition of the same rules: 100 JPY / CAD = 1,4573 / 1,4587.

Розрахуннок кроско-курсу for currencies із we direct that indirect quotations to долара the USA, де долар є the base of quotation for odnієї з currencies.

On the other hand, you must know the cross rate of the pound sterling before the hryvnia in Ukraine - GBP / UAH. GBP / USD = 1.5890 / 93 is indirectly quoted, and USD / UAH = 5.4250 / 4350 is directly quoted.

Існує rule rozraunku kros-kursu z straight that indirectly quoted:

• For the sustained side of the bid, the cross rate of the slip of the multiparty side of the bid for the dollar rates;
• For the awarded legal parties offer slides of the multiples of the parties offer the dollar rates of currencies.

Direct quotation = bid / offer

Indirectly quoted = bid / offer

Carried away:

Bid GBP / UAH = bid GBP / USD • bid USD / UAH = 1.5890 • 5.4250 = = 8.6203

Offer GBP / UAH = offer GBP / USD • offer USD / UAH = 1,5893 • • 5,4350 = 8,6378.

Thus, the cross-rate GBP / UAH = 8.6203 / 8.6378.

Rozraunok kros-rate for currencies from indirect quotations to the US dollar, de dollar is the currency for quotes for both currencies.

On the other hand, the dealer needs to cross-rate the British Pound Sterling to the Australian Dollar GBP / AUD. GBP / USD = 1.5820 / 26 AUD / USD = 0.7591 / 96.

Danyu razіsnuy rule:

• For the reserved side of the bid, cross rate, rate of growth, bid side of the base currency rate to the side of the offer, currency rate quoted;
• For the side that has been offered offer the roster-rate to increase the offer side of the base currency rate to the bid side by the currency exchange rate.

Indirectly quoted = bid / offer

Indirectly quoted = bid / offer

Hatefy rosraunok:

So, the quotation of the cross rate GBP / AUD will be 2,0827 / 48.

Quoting for the main cross-rates can be found on the websites of the information systems Reuters WXWX, EURX1 =, GBPX1 =, UAHX1 = та ін.

Table for the cross-rates of the main currencies in the Reuters system is such a vigil: