1. Exchange rate quotations and cross-exchange rate movements 1. 2. 3. STEP: 1 of 3 Suppose you are given a spot rate for the euro of 1 euro = $1.25. the quote you This quote is received. This quotation. To convert it to the other type of quotation, you can simply rate of euros per dollar a direct an indirect Grade Step 1 TOTAL SCORF 1. Exchange rate quotations and cross-exchange rate movements 1. 2. 3. take the reciprocal of take the square root of STEP: 1 of 3 subtract 1 from Suppose you are given a spot rate for the euro of 1 euro = $1.25. add 1 to the quote you This quote is quotation. To convert it to the other type of quotation, you can simply received. This would yield a rate of euros per dollar Grade Step 1. Exchange rate quotations and cross-exchange rate movements 1. 2. 3. 1.125 STEP: 1 of 3 1 Suppose you are given a spot rate fo 1.5 ro of 1 euro = $1.25. 0.8 the quote you This quote is quo received. This would yield a rate of convert it to the other type of quotation, you can simply euros per dollar