Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

CFA Events Calendar

View full calendar

Recommended Discussions

See how our partners can help you ace your CFA exams.

Inverting exchange rate bid-offer quotes


Got a silly question but I just need something clarified - if you are given a CHF/USD bid-quote offer and you need to invert it to get the USD bid-quote;

  • Is it as simple as 1/bid is the new bid, and 1/offer is the new offer


  • 1/bid is now the offer, and 1/offer is now the bid?


Sign In or Register to comment.