Fixed Exchange Rate

Business, Legal & Accounting Glossary

Definition: Fixed Exchange Rate


Fixed Exchange Rate

Quick Summary of Fixed Exchange Rate


Usually synonymous with a pegged exchange rate. Although “fixed” seems to imply less likelihood of change, in practice countries seldom if ever achieve a truly fixed rate.



Video Guide For Fixed Exchange Rate




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Fixed Exchange Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/fixed-exchange-rate/.
Chicago Manual of Style (CMS):
Fixed Exchange Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/fixed-exchange-rate/ (accessed: March 29, 2024).
American Psychological Association (APA):
Fixed Exchange Rate. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/fixed-exchange-rate/

Definition Sources


Definitions for Fixed Exchange Rate 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: 26th November, 2021 | 0 Views.