<p>Since Ripple has an integrated exchange, I guess it simply places market orders in its order book, trying to get the best overall price.</p>

<p>You find the order book in Advanced/Trade, if you want to try manually.</p>

CC BY-SA 3.0
2013-04-26T09:20:56.960Z
During a payment, it's actually a bit more complicated than that because the system will consider multiple payment paths. For example, it may consider EUR->BTC->USD, or it may consider EUR->USD on more than one exchange. It's not unusual to find a better rate on a payment than you saw in the order book. (In fact, you can make a payment to *yourself* to exchange currencies, and it's usually better!)
David Schwartz
CC BY-SA 3.0
2013-04-26T06:35:38.810Z
2013-04-26T06:35:38.810Z
o0'.
<p>When A pays in USD but B receives EUR, how exactly does Ripple decide on the EUR/USD exchange rate?</p>

<transactions><ripple><exchange-rate>
How does Ripple decide on the exchange rate between different currencies?
Manish
# How does Ripple decide on the exchange rate between different currencies?

(Asked by: username_0 on 2013-04-26)

When A pays in USD but B receives EUR, how exactly does Ripple decide on the EUR/USD exchange rate?

**Tags:** transactions, ripple, exchange-rate


---

## 1 answers

### Answer by username_1 on 2013-04-26. Score: 3 | Accepted answer

Since Ripple has an integrated exchange, I guess it simply places market orders in its order book, trying to get the best overall price.

You find the order book in Advanced/Trade, if you want to try manually.

> **Comments:**
> **username_2**: During a payment, it's actually a bit more complicated than that because the system will consider multiple payment paths. For example, it may consider EUR->BTC->USD, or it may consider EUR->USD on more than one exchange. It's not unusual to find a better rate on a payment than you saw in the order book. (In fact, you can make a payment to *yourself* to exchange currencies, and it's usually better!)  

---

