TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

EXCHANGE RATE PARITY [1 record]

Record 1 2001-11-23

English

Subject field(s)
  • Currency and Foreign Exchange
  • National and International Economics
DEF

The market price of money in one national currency that is exchanged at the official rate for a specific amount in another national currency or for another commodity of value (gold, silver, etc.).

CONT

Within any one year the exchange-rate parity is to be permitted to move some maximum stipulated amount, say, 1 or 1 1/2 per cent.

Key term(s)
  • exchange rate parity

French

Domaine(s)
  • Politique monétaire et marché des changes
  • Économie nationale et internationale

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
  • Economía nacional e internacional
DEF

Tipo de cambio de la moneda interna frente al valor de las divisas.

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