Exchange rate
From ACT Wiki
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
