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Calculation of foreign exchange rate
The exchange rate of USD /NLG indicates how much NLG 1 USD can be exchanged.

The value of 1.364 1/5 1 indicates that the buying price is 1.364 1 and the selling price is 1.3655438+0.

The bid price is the exchange rate used by customers to sell the former currency (US dollars) and buy the latter currency (Dutch guilders), also known as the bank bid price.

Asking price is the exchange rate used by customers to buy the currency against the former currency and sell the currency against the latter currency, also known as bank selling price.

Buying Dutch guilders with $300,000 means selling dollars to buy Dutch guilders, and the exchange rate adopted is 1.438+0.

1 USD = 1.34 1 NLG, USD 300,000 = 409230 NLG.