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The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.
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∙ 14y ago
To calculate the spot exchange rate, you need to compare the value of one currency to another currency in the current market. This can be done by researching the currency pairs on financial websites or consulting with a forex broker. The spot exchange rate represents the current rate at which one currency can be exchanged for another without any delay or added cost.
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How do you calculate exchange rate?
The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.
How do you calculate the currency futures?
By Exchange : Forward rate = Spot price * (1/ int rate * Tenor(Time:90/360))
Difference between Spot Exchange Rate and Exchange rate?
An exchange rate, which is also called the foreign-foreign exchange rate, is the rate that currency will be exchanged for another currency and may have a forward contract. The spot exchange rate is the current exchange rate today with immediate delivery and it is also called benchmark rates and outright rates.
How a forward premium or discount is computed?
forward exchange rate can be computed from spot exchange by adding or subtracting premium ir discount. also forward rate can be at forward premiun of discount when comapred to spot exchange rate.
What is the difference between spot and forward exchange rate?
In forward exchange rate, the rate is booked in advance for a fixed amount and period,which will remain unchanged in case of any market fluctuation or deceleration.In fact forward exchange rate booking is done to protect or guard against volatile market condition. In spot exchange rate, the exchange rate prevalent on a particular date is booked for immediate effect.
What is a foreign exchange spot rate?
The foreign exchange market is the made up of 2 components. First the Spot rate. This is the exchange rate at the present time. The spot rate on FX changes every second and is constantly updating. Second is the Future rate. This is the rate for the currency at a predetermined time in the future. This could be hours, days, month, years, etc. Some traders use the futures rates as an indication of future trends in the currency's price.
What was the highest rate the Euro has traded against Pakistan Rupee?
The highest exchange rate of Euro against Pak Rupee was Rs.125.81 in spot exchange rates on 8th August 2011.
What is the exchange rate in US?
The real time exchange rate for us dollar http://usd.exchangerates24.com/
How could a 5M DDR33 of 500DEM denomination how to exchange and how much is the Euro spot rate today?
500
How frequently do exchange rates update?
The rates change constantly. Certain organizations and businesses specify the exchange rate at a certain time to be effective for their transactions. They may say the spot price at the New York exchange at noon will be the rate for the day.
What is the exchange rate of Slovakia?
The rates change every day. Use this currency converter to calculate it.
What is the exchange rate in montenegro?
The rates change every day. Use this currency converter to calculate it.
