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  • Monday, April 28, 2025
  • The Financial Encyclopedia
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Forex

  Forex   |   Terms
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  • February 2, 2023
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Average Rate

An exchange rate that is calculated as a simple or weighted average of either current (spot) or historical exchange rate. It may be measured as the 12 month average of exchange rates observed at month-end.

Average rates may be confined to a specific period, in which case, a period average exchange rate, being the arithmetic average of the reported monthly exchange rates during the defined period.


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