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этимология

Что (кто) такое European Currency Unit, Exchange Rate Mechanism - определение

EUROPEAN SYSTEM TO REDUCE EXCHANGE RATE VARIABILITY PRIOR TO THE EURO

Exchange Rate Mechanism; ERMII; ERM II; Exchange Rate Mechanism II; European Rate Mechanism; Exchange rate mechanism; ERM 2; ERM2

Exchange rate

RATE AT WHICH ONE CURRENCY WILL BE EXCHANGED FOR ANOTHER

Exchange rates; Currency exchange rate; Foreign exchange rate; Exchange Rate; Unit currency; Currency exchanges; USD exchange-rate; Currency conversion; Currency Trading; Rate of exchange; Currency converter; Real exchange rate; Nominal exchange rate; USD-exchange rate; Exchange-rate; Declining dollar; Conversion (exchange); Dollar in yen; FX rate; Market exchange rate; Currency trader; Forex rate; Parallel exchange rate

In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro.

https://en.wikipedia.org/wiki/Exchange_rate

exchange rate

RATE AT WHICH ONE CURRENCY WILL BE EXCHANGED FOR ANOTHER

Exchange rates; Currency exchange rate; Foreign exchange rate; Exchange Rate; Unit currency; Currency exchanges; USD exchange-rate; Currency conversion; Currency Trading; Rate of exchange; Currency converter; Real exchange rate; Nominal exchange rate; USD-exchange rate; Exchange-rate; Declining dollar; Conversion (exchange); Dollar in yen; FX rate; Market exchange rate; Currency trader; Forex rate; Parallel exchange rate

n.

1) to set an exchange rate

2) to apply an exchange rate

Exchange Rate

RATE AT WHICH ONE CURRENCY WILL BE EXCHANGED FOR ANOTHER

Exchange rates; Currency exchange rate; Foreign exchange rate; Exchange Rate; Unit currency; Currency exchanges; USD exchange-rate; Currency conversion; Currency Trading; Rate of exchange; Currency converter; Real exchange rate; Nominal exchange rate; USD-exchange rate; Exchange-rate; Declining dollar; Conversion (exchange); Dollar in yen; FX rate; Market exchange rate; Currency trader; Forex rate; Parallel exchange rate

· The price of one currency expressed in terms of another, i.e., the number of units of one currency that may be exchanged for one unit of another currency. Influences on exchange rates include differences between interest rates and other asset yields between countries; investor expectations about future changes in a currency's value; investors' views on the overall quantity of dollar-denominated assets in circulation; arbitrage; and central bank exchange rate support. See: Exchange Rate Classifications

· The rate of currency conversion between countries. For example, one American dollar can be hypothetically exchanged for six French francs.

Википедия

European Exchange Rate Mechanism

The European Exchange Rate Mechanism (ERM II) is a system introduced by the European Economic Community on 1 January 1999 alongside the introduction of a single currency, the euro (replacing ERM 1 and the euro's predecessor, the ECU) as part of the European Monetary System (EMS), to reduce exchange rate variability and achieve monetary stability in Europe.

After the adoption of the euro, policy changed to linking currencies of EU countries outside the eurozone to the euro (having the common currency as a central point). The goal was to improve the stability of those currencies, as well as to gain an evaluation mechanism for potential eurozone members. As of January 2023, two currencies participate in ERM II: the Danish krone and the Bulgarian lev.

https://en.wikipedia.org/wiki/European Exchange Rate Mechanism