answersLogoWhite

0

The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

Explain the difference between direct light and indirect light?

Indirect light would be larger than direct light, because indirect light is from an angle, and it is usually dimmer.


What is the difference between direct and indirect transmission of information?

Direct transmission of information involves the immediate exchange of information between two parties, while indirect transmission involves the passing of information through an intermediary or a medium.


Differentiate between direct marketing and indirect marketing?

The difference between direct marketing and indirect marketing.


Difference between direct and indirect address instruction?

the different between direct and indirect adress instruction


What is the difference between indirect and direct quote life insurance?

The difference between indirect and direct quote life insurance is that the insurance level will differ. Direct is when someone dies, indirect involves other factors.


Difference between bill of exchange and promissory note?

difference between bill of exchange and promissory note?


How do you explain the difference between the vassals and serfs?

Explain the difference between the vassals and the serfs


What is the difference between direct and indirect correlation in statistics?

GJVG


What is indirect challenge of outhority?

Social movements challenge systems or structures of authority. Explain, in your own words and using textual evidence for support, the difference between Direct Collective Challenges and Indirect Collective Challenges. Give an example of each.


What is the difference between direct and indirect supervisor?

The difference between direct and indirect supervisor is the presence of the supervisor. Direct supervision means a supervisor is psychically present. Indirect supervision means doing work without the physical presence of the supervisor.


Explain the difference between young and mature mountains?

Explain the difference between young and mature mountains?


What is the Difference between exchange and serving?

The difference between exchange and serving is that a serving is a predetermined portion of food. An exchange is when you exchange one food for another food of equal nutrients, calories, or price.