FOREIGN EXCHANGE ARITHEMATIC
FORWARD RATES CALCULATIONS :
FORMULA METHOD :
1) Spot GBP / USD 1.8636
USD Interest rate 3.25% p.a.
GBP Interest rate 3.65% p.a.
Calculate 3 month forward GBP / USD rate
2) 78 days forward USD / CAD 1.1462
CAD interest rate 3.6250% p.a.
USD interest rate 2.8750% p.a.
Calculate Spot USD / CAD rate
3) Spot EUR / SGD 1.9483
60 days forward rate 1.9502
EUR interest rate 2.25% p.a.
Calculate SGD interest rate
4) Spot EUR / CHF 1.5081
291 days forward rate 1.5019
CHF interest rate 1.35% p.a.
Calculate EUR interest rate
5) 120 days forward 100 INR / USD 2.1759
INR interest rate : 4.25% p.a.
USD interest rate : 2.65% p.a.
Calculate spot USD / INR rate
6) Spot GBP / SEK 9.8936
6 months forward rate 10.0086
GBP interest rate 3.1250% p.a.
Calculate SEK interest rate
7) 4 month forward USD / INR rate 47.0036
include premium on USD 1165 points
USD interest rate 2.5% p.a.
Calculate INR interest rate
8) Spot USD / JPY 92.2300
JPY interest rate 0.35% p.a.
USD interest rate 2.65% p.a.
Calculate 292 days forward
USD JPY rate
9) Spot 100 INR / USD 2.2606
INR Interest rate 3.75% p.a.
USD interest rate 2.25% p.a.
Calculate 90 days forward USD / INR rate
10) Spot INR / JPY 243.36
INR interest rate 3.50% p.a.
JPY interest rate 0.25% p.a.
Calculate 6 month forward 100 JPY / INR rate ………
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