How to calculate the bank exchange rate?

Direct quotation or indirect pricing method.

According to Cai Xi's inquiry. There are usually two ways to calculate the exchange rate. Direct quotation: exchange rate depreciation rate = (old exchange rate/new exchange rate-1) *100; Indirect pricing method: exchange rate depreciation rate = (new exchange rate/old exchange rate-1) *100; The result is that a positive value indicates the appreciation of the local currency, and a negative value indicates the depreciation of the local currency. There are usually two expressions of exchange rate, local currency exchange rate and foreign currency exchange rate, which are relative concepts, and the economic phenomena caused by their ups and downs are just the opposite.

Exchange rate refers to the exchange rate between two currencies, and can also be regarded as the value of one country's currency against another's currency. Specifically, it refers to the ratio or parity between one country's currency and another country's currency, or the price of another country's currency expressed in one country's currency.