Offshore Exchange Rate

Business, Legal & Accounting Glossary

Definition: Offshore Exchange Rate


Offshore Exchange Rate


Full Definition of Offshore Exchange Rate


In cases where the value of a currency is regulated by government, the exchange rate available for a currency beyond the control or jurisdiction of the government. When governments choose to artificially raise or lower the value of a currency, the offshore exchange rate can vary greatly from the government-approved exchange rate for that currency.


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April 16, 2024 https://payrollheaven.com/define/offshore-exchange-rate/.
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https://payrollheaven.com/define/offshore-exchange-rate/ (accessed: April 16, 2024).
American Psychological Association (APA):
Offshore Exchange Rate. PayrollHeaven.com. Retrieved April 16, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/offshore-exchange-rate/

Definition Sources


Definitions for Offshore 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: 16th November, 2021 | 0 Views.