Indirect Exchange Rate

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Definition: Indirect Exchange Rate

Indirect Exchange Rate
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Full Definition of Indirect Exchange Rate

Reciprocal exchange rate. For example, if one euro’s exchange value is expressed in dollars the indirect exchange rate will express one dollar’s value in terms of euro.

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

Definition Sources

Definitions for Indirect 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: 20th November, 2021 | 0 Views.