1) Identify the locations where the following quotations are Direct and calculation the
Indirect form :
(a) 1 GBP = SGP 4.9572 – 95
(b) CHF 2.6925 – 42 per USD
(c) INR 62.2962 – 35 = 2 USD
(d) 100 INR = JPY 198.5023 – 60
(e) 1 AUD = EUR 1.6743 – 33
2) Identify the counties where the following quotations, would be classified as ‘Indirect’
and convert them to ‘Direct’ format :
(a) 1 EUR = CAD 2.6217 – 37
(b) 100 INR = CHF 4.4326 – 52
(c) 1 AUD = SEK 3.3905 – 20
(d) USD 1.1626 – 32 per SEK
(e) USD 1.8000 – 20 / SGD
3) Calculate the Reciprocal (Inverse)
(a) USD / DKK 7.2407 – 70
(b) GBP / NZD 3.3097 – 05
(c) USD / INR 33.4445 – 75
(d) EUR / AUD 2.7501 – 06
(e) EUR / SEK 8.0015 – 07
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