The data are for reference only, subject to the transaction price at the bank counter. Exchange rate refers to the exchange rate and exchange rate between the currencies of two countries. RMB exchange rate is the price and exchange rate between RMB and foreign currency. The exchange rate of RMB represents the external value of RMB. On the basis of the principle of independence and unification, the State Administration of Foreign Exchange makes unified formulation and adjustment with reference to the price comparison level at home and abroad and the exchange rate fluctuation in the international financial market, and announces it to the domestic and foreign countries day by day as the exchange rate for all foreign exchange receipts and payments.
The RMB exchange rate is the official exchange rate, and there is no market exchange rate. Adopt the international direct quotation as the pricing method, that is, convert a fixed unit of foreign currency (such as 100, 10000, 10000, etc.) into a certain amount of RMB. ) to express the exchange rate of RMB against foreign currency. The amount of foreign currency in a fixed unit depends on the value of each foreign currency. Except that the exchange rate of RMB against Belgian franc and Italian lira is ten thousand (10000) units and against Japanese yen is one hundred thousand (100000) units, the exchange rates of other foreign currencies are all one hundred (10000) units.
Foreign exchange transactions are the exchange of one foreign currency into another. Quotation is the exchange rate, which is usually expressed by the conversion ratio between two currencies, such as USD/JPY and GBP/JPY. The exchange rate is the first currency (as the base currency) and the second currency (as the pricing currency) that represents the price. On the foreign exchange quotation, you can see English words, and three English letters indicate the name of the currency. USD, EUR, JPY and GBP, a standard international foreign exchange unit is 654.38+ million base currency, especially some currencies that are not commonly used in English, such as NZD NZD and AUD, which need to be understood.
Foreign exchange trading platform refers to some independent traders with certain strength and credibility in the foreign exchange market, who constantly quote the buying and selling price of currency to investors (that is, two-way quotation), and accept investors' buying and selling requirements at this price except legal holidays.