Exchange rate: Difference between revisions
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The price of one currency in terms of another. | The price of one currency in terms of another. | ||
For example £1 = $1.85, so £1 is the equivalent of $1.85 or $1 is the equivalent of £0.54. | For example £1 = $1.85, so £1 is the equivalent of $1.85 or $1 is the equivalent of £0.54. | ||
Revision as of 11:45, 11 May 2016
The price of one currency in terms of another.
For example £1 = $1.85, so £1 is the equivalent of $1.85 or $1 is the equivalent of £0.54.
See also
- Absolute purchasing power parity
- All-current rate method
- Cable
- Clean float
- Closing exchange rate
- Crawling peg system
- Currency basket
- Current/non-current method
- Devaluation
- Economic risk
- Foreign exchange
- Historical exchange rate
- International Monetary Fund
- Managed float
- Monetary/non-monetary method
- Nominal exchange rate
- Parity
- Real exchange rate
