Dollar Rate

The exchange rate of a currency against the U.S. dollar (USD). Most currencies that are traded in international markets are quoted in terms of number of units of foreign currency per USD. However, some currencies, such as the euro, British pound and Australian dollar, are quoted in terms of U.S. dollars per foreign currency.

Since practically all currencies use the USD as the base currency, it is easy to calculate cross currency rates - which are exchange rates for one currency in terms of another currency that is not the US dollar. However, particular care must be taken when calculating such rates, especially if the currencies involved include those that are quoted in terms of USD per foreign currency.

Investment dictionary. . 2012.

Look at other dictionaries:

  • Dollar Academy — Motto Juventutis Veho Fortunas (Latin: I bear the fortunes of youth ) Established 1818 Type …   Wikipedia

  • Dollar néo-zélandais — Unité monétaire moderne actuelle Pays officiellement utilisateur(s)  Nouvelle Zelande !Nouvelle Zélande et 5 territoires ( …   Wikipédia en Français

  • Dollar Néo-Zélandais — Unité monétaire moderne actuelle Dollar néo zélandais Pays officiellement utilisateur(s) …   Wikipédia en Français

  • Dollar néozélandais — Dollar néo zélandais Unité monétaire moderne actuelle Dollar néo zélandais Pays officiellement utilisateur(s) …   Wikipédia en Français

  • Dollar Duration — measures the dollar change in a bond s value to a change in the market interest rate. The dollar duration is generally used by professional bond fund managers as a way of approximating the portfolio s interest rate risk. Dollar duration is one of …   Investment dictionary

  • Dollar Point, California — Dollar Point   census designated place   …   Wikipedia

  • Dollar Bank — Type Mutual Society Industry Financial Services Founded 1855 Headquart …   Wikipedia

  • dollar bill — A paper note printed by the Treasury, or by one of the Federal Reserve Banks under authority of the treasury, having the value of one dollar. Also five dollar bill, ten dollar bill, etc.: notes with the value of five, ten, etc. dollars. Prior to… …   The Collaborative International Dictionary of English

  • Rate of return — In finance, rate of return (ROR), also known as return on investment (ROI), rate of profit or sometimes just return, is the ratio of money gained or lost (whether realized or unrealized) on an investment relative to the amount of money invested.… …   Wikipedia

  • Dollar Bond Index-Linked Securities - Dollar BILS — A zero coupon floating rate debt instrument with an interest rate that is determined by the return performance of a specified index over a given time period. The interest rate for dollar BILS is determined at maturity, once the change in the… …   Investment dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.