Why is the Euro stronger if rate is 1.4 Euro per usd?

1 answer

Answer

1270881

2026-04-05 17:20

+ Follow

The Euro is quoted Indirect Vs the US Dollar, so 1.4 is actually

USD1.4 per Euro

Typically, currencies are quoted Directly which is the inverse of the above relationship, e.g.

USD1 = JPY100

The Indirect currencies,by convention, are Euro, British Pound, Australian Dollar and New Zealand Dollar. Gold is also quted Indirectly.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.