Cross-Rate (U.S)
The exchange rate between currencies A and C which is derived from the rate between A and B and the rate between B and C. Thus if $ 1 = DM 2.50 and $1=Yen 250, the cross rate between the DM and Yen is DM 1= Yen 100.
Originally written on
November 29, 2010
and last modified on
January 19, 2018.
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