The meaning of EXCHANGE is the act of giving or taking one thing in return for another : trade. How to use exchange in a sentence.
The meaning of CURRENCY is circulation as a medium of exchange. How to use currency in a sentence.
- codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units. This data...- the pegged (fixed exchange rate) currencies, there are only 130 currencies that are independent or pegged to a currency basket. Dependencies...
country’s currency to another)Banks make good profits on currency exchange.the currency markets(=the financial markets where currencies are bought and sold)the dollar’s recent rise on the currency marketscurrency movements/fluctuations(=changes in the values of currencies)Global trends such as oil...
exchange rate. the amount of the difference in value between two or more currencies, or between the values of the same currency at two or more places. the checks, drafts, etc., exchanged at a clearinghouse. Chess.a reciprocal capture of pieces of equivalent value by opponents in a single ...
For conversion, the exchange rate prevailing on the day of transactions is mostly considered. Also, there are cases when companies use a standard rate, like the average or the maximum rate. When converting foreign currency into FC, a company must follow this process: ...
to express the value of (a currency) in a foreign currency by applying the exchange rate. to exalt in spiritual or emotional ecstasy; enrapture. verb (used without object) translated,translating. to provide or make atranslation; act astranslator. ...
Social Currency Exchange The process by which social value is traded, often for mutual benefit in reputation or influence.Example: “The social currency exchange between the mentor and the protégé was beneficial for both parties.” Social Currency Portfolio ...
Understanding Currency ETFs Exchange-traded funds are similar tostocksbecause they trade onexchanges, so investors can purchase shares in individual ETFs. But, they are also likemutual fundsbecause they include pooled funds that invest in a portfolio of securities, often tracking a particular asset ...
For example, if a software program using criteria the user sets identifies a currency pair trade that satisfies the predetermined parameters for profitability, it broadcasts a buy or sell alert and automatically makes the trade. A major advantage of automated forex trading software is the elimination...