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How to calculate the value of a currency?
We have
1 RUB to USD
1 USD to EURO
how to find out 1 EURO to RUB ?
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$RUBUSD = 0.0166;
$USDEURO = 1.2;
$USDRUB = 1 /$RUBUSD;
$EURORUB = $USDRUB * $USDEURO;
$RUBEURO = 1 / $EURORUB;
No way. In the sense that each couple lives its own life and depends on supply and demand. In other words, it is quite possible that having bought one dollar, with which we then buy one euro, we will receive an unequal amount of currency if we directly buy the euro. This is due to a huge number of reasons, ranging from huge volatility to banal commissions that prevent speculators from equalizing the proportions accurately enough.
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