Financial Terminology : Currency Quotation

Financial Terminology : Currency Quotation

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Currency Quotation

Currency Quotation, forex trading mein currencies ki keemat ko darj karne ka tareeqa hai. Yeh tareeqa forex market mein currencies ke pairs ko represent karta hai aur traders ko ek currency ko doosri currency ke sath compare karne ka mauqa deta hai. Currency quotation mein do tarah ke quotations istemal hoti hain: direct quotation aur indirect quotation.

Direct Currency Quotation

1. Direct Currency Quotation Definition: Direct quotation mein currency pair mein base currency ke value mein dusri currency ko darj kiya jata hai. Yani, kitni units of quote currency base currency ke equal hai.
2. Example: Agar hum USD/EUR currency pair ki baat karein toh, direct quotation mein USD base currency hai aur EUR quote currency hai. Agar direct quotation 1.2 hai, toh iska matlab hai ki 1 USD ke barabar 1.2 EUR hai.
3. Direct Quotation Calculation: Direct quotation mein exchange rate base currency ke units ke taur par darja jata hai. Agar exchange rate 1.2 hai aur aap 100 USD exchange karna chahte hain, toh aapko 120 EUR milega.

Indirect Currency Quotation

1. Indirect Currency Quotation Definition: Indirect quotation mein currency pair mein base currency ke value mein ek unit dusri currency ko darj kiya jata hai. Yani, kitni units of base currency quote currency ke equal hai.
2. Example: Agar hum USD/JPY currency pair ki baat karein toh, indirect quotation mein USD base currency hai aur JPY quote currency hai. Agar indirect quotation 110 hai, toh iska matlab hai ki 1 USD ke barabar 110 JPY hai.
3. Indirect Quotation Calculation: Indirect quotation mein exchange rate quote currency ke units ke taur par darja jata hai. Agar exchange rate 110 hai aur aap 100 USD exchange karna chahte hain, toh aapko 11,000 JPY milega.

Cross Currency Quotation

1. Cross Currency Quotation Definition: Cross currency quotation mein koi bhi currency pair mein USD shamil nahi hota. Yeh tareeqa traders ko non-USD currencies ke beech comparison karne ka mauqa deta hai.
2. Example: Agar hum EUR/GBP currency pair ki baat karein toh, cross currency quotation mein direct ya indirect quotation istemal kiya jata hai. Agar EUR/USD quotation 1.2 hai aur GBP/USD quotation 1.4 hai, toh cross currency quotation se aap EUR/GBP exchange rate tay kar sakte hain.
3. Cross Currency Quotation Calculation: Cross currency quotation calculation mein aap direct aur indirect quotations ka istemal kar sakte hain. Ismein aap base currency aur quote currency ke values ke comparison se exchange rate tay kar sakte hain.

Currency quotation forex trading mein currency pairs ke values ko represent karne ka ek crucial tareeqa hai. Direct quotation mein base currency ki value dusri currency ke units ke taur par darj hoti hai, jabki indirect quotation mein dusri currency ki value base currency ke units ke taur par darj hoti hai. Cross currency quotation non-USD currencies ke beech comparison karne ka mauqa deta hai. Currency quotation ke sahi tareeqe aur calculation ko samajhna zaroori hai, taaki traders currency pairs ki values aur exchange rates ko sahi tareeqe se interpret kar sakein.