currency rate vs currency rates

Both "currency rate" and "currency rates" are correct, but they are used in different contexts. "Currency rate" refers to a particular rate of exchange and "currency rates" refers to exchange rates overall.

Explained by Gregg
Editor at TextRanch

Last updated: June 15, 2024 • 788 views

This phrase is correct when referring to a specific exchange rate.

"currency rate"

Use "currency rate" when talking about a specific exchange rate, such as the rate between two currencies.

Examples:

The currency rate between the US dollar and the Euro is 1.2.
What is the current currency rate for Japanese Yen to US dollars?

Show examples from the web [+]

Domestic sale prices from the analogue country were used to establish an average normal value, using the average currency rate for the RIP between euro and Peso in order to obtain a weighted average ex-works price in euro.
IRS stands for Interest Rate Swaps, whereas CRS stands for Currency Rate Swaps.
The second achievement relates to currency rates.
In addition, the on spot investigation did not gather any element pointing to any distortion of currency rates between regions.
The rates mentioned are those on the date of adoption of the Decision; they reflect the current currency rates.
The change in overall exchange rate differences between 2008 and 2009 from a net loss to a net gain is a result of the significant change in currency rates in the course of those two years.
They may cease to apply such a method where, during a given fiscal year or a shorter representative period of no less than three months, they record that the fluctuations in costs or currency rates which justified the use of such a method have ceased.
I believe that we should proceed on the basis that we will use the Euro from the day that the currency rates are fixed.
All forward rate agreements shall be individually revalued and, if necessary, translated into euro at the currency spot rate.
Unrealised gains and losses arising from changes in foreign currency exchange rates are not cash flows.
At the provisional stage, the Commission used three-year average currency exchange rates for this conversion.
The Langen report deals with derivatives, i.e. financial instruments that allow investors to profit from movements in stock and bond prices, interest rates and currency exchange rates.
In such a situation an entity may enter into a 10-year fixed-to-floating cross-currency interest rate swap that swaps the fixed-rate foreign currency debt into a variable-rate functional currency exposure.
Derivatives include cross currency swaps and cross currency interest rate swaps.
1] that changes value when converted into national currency due to changes in currency exchange rates.
Apparently this will happen through cuts in base rates of interest, to prevent exports from being affected by currency exchange rates.
currency exchange-rate conversions are carried out at market rates.
Interest rate swaps that are not cleared through a central clearing counterparty shall be individually revalued and, if necessary, translated into euro at the currency spot rate.
Since all fines are imposed and paid in EUR, the Commission is not exposed to any risk of fluctuations in foreign currency exchange rates.
The table below summarises the ECSC in liquidation's exposure to foreign currency exchange rate risk at 31 December 2007.

Alternatives:

exchange rate
foreign exchange rate
conversion rate
rate of exchange
monetary rate

This phrase is correct when referring to exchange rates in general.

"currency rates"

Use "currency rates" when discussing exchange rates in a broader sense, such as comparing rates between different currencies.

Examples:

I keep track of currency rates to know when to exchange my money.
The website provides real-time updates on currency rates.

Show examples from the web [+]

In addition, the on spot investigation did not gather any element pointing to any distortion of currency rates between regions.
The rates mentioned are those on the date of adoption of the Decision; they reflect the current currency rates.
The change in overall exchange rate differences between 2008 and 2009 from a net loss to a net gain is a result of the significant change in currency rates in the course of those two years.
They may cease to apply such a method where, during a given fiscal year or a shorter representative period of no less than three months, they record that the fluctuations in costs or currency rates which justified the use of such a method have ceased.
The second achievement relates to currency rates.
I believe that we should proceed on the basis that we will use the Euro from the day that the currency rates are fixed.

Alternatives:

exchange rates
foreign exchange rates
conversion rates
rates of exchange
monetary rates

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currency rate vs currency rates

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