Exchange Rate Agreement

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Definition: Exchange Rate Agreement

Exchange Rate Agreement
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Full Definition of Exchange Rate Agreement

A foreign exchange derivative based upon the difference between two forward exchange rates. This could be the difference between the projected currency exchange rates within 3 month and 6 month contracts. Unlike other forward exchange agreements, the spot rate does not directly factor into the value.

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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/exchange-rate-agreement/
Modern Language Association (MLA):
Exchange Rate Agreement. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/exchange-rate-agreement/.
Chicago Manual of Style (CMS):
Exchange Rate Agreement. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/exchange-rate-agreement/ (accessed: April 19, 2024).
American Psychological Association (APA):
Exchange Rate Agreement. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/exchange-rate-agreement/

Definition Sources

Definitions for Exchange Rate Agreement 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.