How do you calculate Swap rates for pairs that aren’t USD?
Hi @B-ryant, the easiest is by using swap calculator.
Example is here
https://www.fxpro.com/trading-tools/calculators/swap
If you are really want to learn, the formula is here
If the account base currency isn’t USD, for example EUR, look for EURUSD. You need to divide it to convert it to EUR.
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To calculate swap rates for currency pairs not involving USD, find the interest rates for both currencies and determine the interest rate differential. Multiply this differential by your position size and adjust for the number of days held, while checking your broker’s specific swap rates for accuracy.
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