Description
Require positive quote and return its reciprocal when reverse, otherwise the supplied quote.
An exchange quote states how much of one currency corresponds to another. Reciprocals, price-level factors, valuation bridges, and pass-through models require consistent orientation.
Require positive quote and return its reciprocal when reverse, otherwise the supplied quote.
When to use this tool
Use Contract Currency Quote Orientation when you need one supplied exchange-factor or valuation calculation.
How to use the tool and how it works
- Enter quote, reverse. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read factor. Use the output convention below.
Require positive quote and return its reciprocal when reverse, otherwise the supplied quote.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| quote | Quote | Required. Finite number; strictly above 0. |
| reverse | Reverse | Required. Boolean. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| factor | Factor | Required. Finite number. |
{
"input": {
"quote": 2,
"reverse": true
},
"output": {
"factor": 0.5
}
}Limitations and assumptions
- The quote's currency pair and direction must be known; no exchange rate, spread, or fee is fetched.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Check currency direction, quote date, bid/ask conventions, and the full transaction or model before interpreting the result.
References
Similar or alternative tools
- Exchange Quote Reciprocal Gap
Return 1/forwardQuote for expectedReverse and subtract it from positive reverseQuote for gap.
- Exchange Index Quote Inversion Token
Return 100 × currentQuote/baseQuote, or 100 × baseQuote/currentQuote when invertQuote is true.