Crawling Peg

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Crawling Peg

Definition: Crawling Peg

Crawling Peg
Cite Term
Sources

Full Definition of Crawling Peg

An exchange rate adjustment technique in which the par value of a fixed exchange rate is allowed to fluctuate within a certain range of values. The par value is adjusted for inflation and other market factors. A crawling peg allows the exchange rate to adjust over time, hence “crawl,” rather than be adjusted by a sudden or dramatic currency devaluation, which would create instability.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/crawling-peg/
Modern Language Association (MLA):
Crawling Peg. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 03, 2025 https://payrollheaven.com/define/crawling-peg/.
Chicago Manual of Style (CMS):
Crawling Peg. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/crawling-peg/ (accessed: March 03, 2025).
American Psychological Association (APA):
Crawling Peg. PayrollHeaven.com. Retrieved March 03, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/crawling-peg/

Definition Sources

Definitions for Crawling Peg are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.