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    Cross rate

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    3. Suppose an Austrian schilling is selling for $0.0613 and an Irish punt is selling for $1.0541. What is the exchange rate (cross rate) of the Austrian schilling to the Irish punt? That is, how many Austrian schillings are equal to an Irish punt?

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    https://brainmass.com/business/foreign-exchange-rates/cross-rate-exchanges-20136

    Solution Summary

    The expert calculates the exchange rate (cross rate) of the Austrian schilling to the Irish punt, when the exchange rates of Austrian schilling and Irish punt are given in terms of US dollar.

    $2.49

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