The European and American terms for foreign currency exchange are square roots of one another.

Name: The European and American terms for foreign currency exchange are square roots of one another.
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The European term for foreign currency exchange is the price of one euro in terms of another currency (e.g. EUR/USD), while the American term is the price of one unit of another currency in terms of the US dollar (e.g. USD/JPY). They are not square roots of each other, but rather reciprocal values.

The European and American Terms for Foreign Currency Exchange Are