Calculation help!

Can anyone please help…

I have bid and offer rates for EUR/CZK and EUR/USD.

How do I calculate USD/CZK bid and offer?

I’m going cross-eyed!

Thanks in appreciation.

The reciprocal of EUR/CZK ( 1/EUR/CZK ) multiplied by EUR/USD.

Using EUR/GBP & EUR/USD as an example:-

1/0.93861 (1.0654) x 1.3577 = 1.4465 (GBP/USD rate)

Thanks Daydreamer, however I’m still having problems with the calculation.

Here are my numbers: -

Bid Offer Bid Offer
EURCZK EURUSD
26.755 26.817 1.3642 1.3644

and I need to calculate USDCZK Bid and Offer, which should come out as:-

Bid Offer
USDCZK
19.612 19.655

I’m a complete dunce! I got it now :slight_smile: