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Is there a standard for FX rate values

Is there an international standard which determines the foreign exchange rate convention?  For example, euro-dollar is always expressed in USD per EUR like 1.2768;  dollar-yen exchange rate is expressed in JPY per USD like 111.75.  However, what is the convention for Sweden Kronor and Norway Kroner would it be expressed as SEK/NOK or NOK/SEK?  Same goes for Hungarian Forints and Polish Zlotych would the exchange rate be expressed as HUF/PLN or PLN/HUF?


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According to Wikipedia, there is a defined hierarchy for some currencies, but for combinations for other currencies there isn't.

Posted 2006-06-08T11:30:54Z
hulio was invited by Yedda to answer this question.

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