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  • How do you calculate exchange rates?

    If you don't know the exchange rate, you can use the following simple currency conversion calculation to find it: take your starting amount (original currency) and divide it by ending amount (new currency) = exchange rate.

  • What is customs exchange rate?

    The core equation is RER = eP*/P, where, in our example, e is the nominal dollar/euro exchange rate, P* is the average price of a good in the euro area, and P is the average price of the good in the United States.

  • How do you calculate real exchange rate?

    Simple to use
    For example, if you want to know how many Indian rupees one US dollar can buy, simply use the formula: x = USD/INR.
    This calculation will be performed for you by an online currency converter using publicly available data from FOREX markets.

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