Exchange Rate

From Open Risk Manual

Definition

Exchange Rate. A rate at which one currency can be exchanged for another


Example

The exchange rate between the U.S. dollar and British pound is distinct from the exchange rate between the U.S. dollar and the euro.

See Also

  • Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014.


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.