(1) Direct quotation
The direct quotation method, also known as the price tax payable method, is to calculate how many units should pay the local currency according to a unit's foreign currency (1, 100, 10000,10000). It is equivalent to buying a certain number of units to cope with the calculation of currency and foreign currency, so it is called processing quotation. Most countries, including China, use direct speech. In the international foreign exchange market, Japanese yen, Swiss franc and Canadian dollar are all quoted directly, that is, as a pair of 1 19.05 yen and USD 1 19.05 yen. Click to view the details. In the direct quotation, if the foreign currency unit is equivalent to a certain amount at the beginning of the year, then the foreign exchange value of the currency rises or falls, which is called exchange rate rise; On the contrary, if the same amount of foreign currency can be converted into foreign currency, it means that less currency is used in the process of currency decline or rise, which is called the decline of foreign exchange rate. The decline of foreign exchange rate is directly proportional to the value of foreign currency and the rise and fall of exchange rate.
(2) Indirect pricing
Indirect pricing method, also known as accounts receivable. It calculates a digital foreign currency account based on the national currency of some units (for example, as a unit). In the international foreign exchange market, euro, pound and Australian dollar are all indirectly priced. Make the euro against 0.97050.9705 dollars. Click to view the details. In the indirect pricing method, the amount in the local currency is constant, and the amount in the foreign currency fluctuates with the local currency. If the convertibility of a certain amount of foreign currency in the local currency is lower than that of the previous year, it indicates that the foreign exchange increases and the currency declines, that is, the foreign exchange rate declines; On the contrary, if a certain amount of local currency has more foreign currency than before, then foreign currency exchange will fall more, and the rising currency, that is, the foreign exchange rate, will rise, that is, the rising currency is inversely proportional to the autumn foreign exchange and exchange rate.