1.4 100/ 10 here is: 1 USD =1.411.4/kloc-0. Because foreign exchange quotation is a two-way quotation, not just a quotation. That is, the number of quoted currencies (Swiss francs here) paid for buying the unit benchmark currency (US dollars here), and the latter 1.4 1 10 is the selling price of the unit benchmark currency, that is, the number of quoted currencies received for selling the unit benchmark currency. The difference between the two is the income of the offeror in foreign exchange transactions.