Encyclopedia of Investment Terminology

Return to Stock Market and Investment Encyclopedia Index

Exchange Rate

The exchange rate is an important measurement in the field of currency. This relates to the values that two currencies have between one another. This involves how much one particular currency is worth to another. For example, an exchange rate between the American and Canadian dollars can work in that $1 American can be exchanged for $1.30 Canadian.

Return to Index

Copyright 2008 StockDic.com
All Rights Reserved.