UWB signal with high resolution capability can be used to estimate ranging and positioning in wireless personal area network. The node works on its local clock and the frequency differences of nodes have serious affects on ranging algorithms estimating locations of mobile nodes. The low rate UWB, IEEE802.15.4a, describes asynchronous two way ranging methods such as TWR and SDS-TWR working without any additional network synchronization, but the algorithms can not eliminate the effect of clock frequency differences. Therefore, the mechanisms to characterize the crystal difference is essential in typical UWB PHY implementations. In high rate UWB, characterizing of crystal offset with tracking loop is not required. But, detection of the clock frequency offset between the local clock and remote clock can be performed if there is little noise induced jitter. In this paper, we complete related ranging equations of high rate UWB based on TWR with relative frequency offset, and analyze a residual error in the ideal equations. We also evaluate the performance of the relative frequency offset algorithm by simulation and analyze the ranging errors according to the number of TWR to compensate coarse clock resolution. The results show that the relative frequency offset compensation and many times of TWR enhance the performance to converge to a limited ranging errors even with coarse clock resolutions.