
Direct Quotation What 100%cashbackforex Direct Quotation The direct quotation method is also known as the payable quotation method, which is based on a certain unit (1, 100, 1000, 10000) of cashbackforex forex cashback easy as the standard to calculate how many units of domestic currency payable is equivalent to calculating how much cashbackforexpip currency payable for the purchase of a certain unit of foreign currency, so it is called the payable quotation method, including China In the vast majority of countries in the world are currently using the direct markup method in the international foreign forexcashbackeasy market, the yen, Swiss franc, Canadian dollar, etc. are direct markup method, such as the yen 119.05 that a dollar to 119.05 yen Under the direct markup method, if a certain unit of foreign currency converted into the cashback forex of local currency more than the previous period, it means that the value of foreign currency rose or the value of the local currency fell, called the foreign exchange rate rose; conversely, the If you want to use less than the original local currency that can be exchanged for the same amount of foreign currency, which means that the value of foreign currency fell or the value of the local currency rose, called the foreign exchange rate fell, that is, the value of foreign currency and the exchange rate is directly proportional to the rise and fall of the characteristics of the direct valuation method (1) the amount of foreign currency is fixed, the amount of local currency is converted with the value of foreign currency and the value of the local currency changes and changes (2) the rise and fall of the exchange rate are to the change in the amount of local currency and If a certain unit of foreign currency is converted to the amount of the local currency than the original, the foreign exchange rate rose, the local currency exchange rate fell in this way, the rise and fall of the foreign exchange rate and the amount of the local currency markup is consistent, more precisely, the amount of the local currency markup increase or decrease "directly" to show the rise or fall of the foreign exchange rate