# Top 11 Forex Quotation Questions You Need To Solve

Q.1) EUR USD 1.5150/1.5280

(Ans: Mid Rate EUR USD 1.5215; Spread USD 0.0130 and % Spread = 0.85%)

Q.2) AUD USD 0.8940 Mid Rate

(Ans: AUD USD 0.8815/0.9065)

Q.3) USD EUR 0.7750 / 80

EUR USD?

(Ans: EUR USD 1.2853/1.2903)

Q.4) Study following quotes:

GBP INR 75 and SGD INR 26.52

What is GBP SGD rate?

(Ans: GBP SGD 2.8281)

Q.5) From the following rates, find out AED INR Rate:

USD INR 47.9710 / 48.0101

USD AED 3.6701 / 6859.

(Ans: AED INR 13.0147 – 13.0814)

Q.6) Quotation for Pound Sterling in Indian Rupees is GBP INR 68.87/70.24. Calculate percentage spread.

Q.7) From the following rates, find out JPY INR Rate: [Note: Switzerland Franks denoted as CHF]

CHF INR 32.7730 / 32.7750

CHF JPY 83.5540 / 83.5600

(Ans: JPY INR 0.3922/0.3923)

Q.8) Study following quotes:

EUR INR 47.95 and AED INR 12.93 [AED is Arab Emirates Dirham].What is EUR AED rate?

(Ans: EUR AED 2.8281)

Q.9) Consider the following quotes:

Spot (Euro/Pound) = 1.6543/1.6557

Spot (Pound/NZ \$) = 0.2786/0.2800

i.   Calculate the percentage spread on the Euro/Pound rate.

ii.   Calculate the percentage spread on the Pound/NZ \$ rate.

iii.   The maximum possible percentage spread on the cross rate between the Euro and the NZ \$.

(Ans:   (i) % Spread (Euro/Pound) 0.0846%

(ii)      % Spread (Pound/NZ \$) 0.50%

Q.10) The following quote is given.

Identify the country in which this is a direct quote.

Calculate the inverse quote.

Mid Rate 1.1640

Inverse quote is CAD 1 = USD 0.8584/0.8598)

Q.11) The following quote is given in New York:

EUR 1 = USD 1.2596 / 1.2620

Is it a direct or indirect quote?

Find the mid rate, spread and the % spread. Calculate inverse quote.

(Ans:   It is direct quote

Mid Rate 1.2608

Inverse quote is USD 1 = EUR 0.7924/0.7939)

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