Definitions for "Cross Rate"
Related Terms:
Cross rates, Cross-rate, Dollar rate, Exchange rate, Exchange rates, Rate of exchange, European terms, Currency pair, Fixed exchange rate, Foreign exchange rate, Base currency, Soft currency, Exchange risk, Effective exchange rate, Hard currency, Currency swap, Floating exchange rates, Peg, Foreign exchange risk, Currency board, Direct quote, Currency converter, Convertible currency, Currency risk, Flexible exchange rate, Swap , Foreign exchange, Devaluation, Transaction exposure, Indirect quote, Foreign currency, Spot rate, Floating exchange rate, Cambist, Forward foreign exchange contract, Foreign exchange contract, Usd, Currency, Swap rate, Exchange rate risk, Foreign exchange swap, Swaps, Central bank intervention, Dirty float, Back-to-back loan, Foreign currency surcharge, Rate, Convertibility, Adjustable peg
An exchange rate between two currencies. Currency The type of money that a country uses. It can be traded against other currencies on the foreign exchange market, so each currency has a value relative to another.
The current exchange rate of a combination of currencies (i.e., Japanese Yen/British Pound).
An exchange rate between two currencies, constructed from the individual exchange rates of the two countries against a third -- usually the $US -- to arrive at the relationship of the two currencies with each other; ( ie if one $US=1.5 deutschmarks and 97 yen, then one deutschmark = 65 yen).
The rate of exchange between two currencies calculated by referring to the rates between each and a third currency.
an exchange rate between the currencies of two countries that are not quoted against each other, but are quoted against one common currency
an exchange rate derived from two other exchange rates (and not the local currency)
The exchange rate between two currencies, in which the home country's currency is not included. In the U.S. the euro/yen rate would be considered a cross rate, while in Europe or Japan it would be considered a primary pair.
The exchange rate between two currencies considered non-standard in the country where the currency pair is being quoted. For example, in the U.S., a GBP/JPY quote is considered a cross rate, whereas in UK or Japan it is one of the primary currency pairs traded.
In calculating a spot or forward rate between two non-US currencies, reference to their respective quotations in a third currency determines the cross rate eg. "crossing" the USD/JPY and USD/DEM rates gives the DEM/JPY rate.
The exchange rate between two currencies (other than those that form a market's principal rates). Thus, in London, the D- Mark/franc rate is a cross rate.
Refers+ to an exchange rate between two non-US dollar currencies. Trading between two non-US dollar currencies usually occurs by first trading one currency against the US Dollar and then trading the US Dollar against the second non-US dollar currency.
An exchange rate between two currencies. The cross rate is said to be non-standard in the country where the currency pair is quoted. For example, in the US, a GBP/CHF quote would be considered a cross rate, whereas in the UK or Switzerland it would be one of the primary currency pairs traded.
An exchange rate between two currencies, usually constructed from the individual exchange rates of the two currencies, measured against the United States dollar.
An exchange rate between two non-U.S. Dollar currencies. Popular cross rate currency pairs include EUR/GBP, EUR/JPY and AUD/CAD.
A cross currency rate is an exchange rate between two currencies, neither of which is the USD. For e.g. EUR/JPY, GBP/CHF. In the Indian forex market, the cross rate is loosely referred to the rate for any currency pair which excludes the Indian rupee. For e.g. USD/JPY
An exchange rate between two currencies, usually constructed from the individual exchange rates of the two currencies, as most currencies are quoted against the dollar.
A cross rate is one which does not include the US Dollar, using only other currencies instead.
A) The exchange rate between two currencies, especially between other currencies against dollars outside the United States. B) The ratio between the exchange rates of two currencies compared to a third foreign currency.
Exchange rate that does not involve the US dollar
The exchange rate between any two currencies that are considered non-standard in the country where the currency pair is quoted. For example, in the US, a GBP/JPY quote would be considered a cross rate, whereas in UK or Japan it would be one of the primary currency pairs traded.
An exchange rate that is calculated from two other exchange rates.
A common foreign exchange term describing the value of one foreign currency relative to another foreign currency, ignoring the local currency. An example is the value of the Japanese yen in U.S. dollars as opposed to the value of the Japanese yen in Australian dollars.
is used to convey the proportional values between the two currencies when it’s not across the USD. For instance, if the quote is DEM/SFR at .7000, this means that on German Mark can be exchanged for only .7 Swiss Francs.
In foreign exchange, the price of one currency in terms of another currency in the market of a third country. For example, the exchange rate between Japanese yen and Euros would be considered a cross rate in the US market.
Always refers to the exchange rate between two countries' currencies. This rate usually refers to the quotation of currency pairs that do not include the domestic currency. In FX market, however, the quotations of currency pairs that do not include US dollars often refer to as cross rate. For example: GBP/JPY, EUR/JPY or GBP/CHF…etc.
the exchange rate between two currencies measured against the US dollar
Refers to the exchange rate between two countries' currencies. Cross rates usually refer to pairs quoted that do not include the domestic currency. For example, in the US, the EUR/JPY rate would be called a cross rate.