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Cross Currency Rates using Excel's Stock Data Types

Thread starter DRSteele
Start date Oct 23, 2021

Overview Discussion

DRSteele

Well-known Member

Oct 23, 2021

DRSteele submitted a new Excel article:

Cross Currency Rates using Excel's Stock Data Types - Using Excel's stock data types, we can calculate the cross currency rates from a few currencies.

Excel allows us to retrieve currency quotes from Rifinitiv's database and populate a spreadsheet with the quotes. Using function XLOOKUP and some smartly laid-out tables, we can calculate all the cross-rates and their changes from the prior day's quotes. It's a simple process of refreshing the data when you need to, or let it do so every five minutes.

In this setup, there are just seven currency pairs. Thus there are 56 derived cross-rates that can be calculated by inference. What is...