cross rate

简明释义

套价

英英释义

A cross rate is the exchange rate between two currencies that are not the official currency of the country in which the exchange rate quote is given.

交叉汇率是指两种货币之间的汇率,而这两种货币都不是报价国家的官方货币。

例句

1.The bank provided the latest cross rate for USD to EUR conversions.

银行提供了最新的交叉汇率用于美元到欧元的转换。

2.Currency traders often use the cross rate as a benchmark for their trades.

货币交易者通常将交叉汇率作为他们交易的基准。

3.When traveling abroad, it's important to check the cross rate to get the best exchange deal.

在国外旅行时,检查交叉汇率以获得最佳兑换交易是很重要的。

4.The cross rate between GBP and JPY has been fluctuating due to market volatility.

由于市场波动,英镑与日元之间的交叉汇率一直在波动。

5.Investors often look at the cross rate between two currencies to make informed trading decisions.

投资者通常查看两种货币之间的交叉汇率以做出明智的交易决策。

作文

In the world of finance and foreign exchange, understanding various terms is crucial for making informed decisions. One such term is cross rate, which refers to the exchange rate between two currencies that are not the official currencies of the country in which the exchange is being made. For example, if an investor in the United States wants to know the exchange rate between the Euro and the British Pound, they would look at the cross rate between these two currencies since the US Dollar is not involved in this transaction.The cross rate can be incredibly useful for traders and investors who operate in multiple currency markets. By knowing the cross rate, they can make better decisions about when to buy or sell a particular currency. This is particularly important in today's global economy, where currency values can fluctuate rapidly due to various factors, including economic indicators, political events, and market sentiment.For instance, let’s consider a scenario where the Euro is strong against the US Dollar, but the British Pound is weak against the Euro. A trader might analyze the cross rate between the Euro and the British Pound to determine whether it is a good time to exchange Euros for Pounds. If the cross rate indicates that the Euro is likely to strengthen further against the Pound, the trader may decide to hold off on the exchange, anticipating a more favorable rate in the future.Additionally, the cross rate is significant for companies that engage in international trade. Businesses that import or export goods need to manage their currency exposure effectively. By understanding the cross rate, these companies can hedge against unfavorable movements in currency values, thereby protecting their profit margins. For example, if a company based in Japan is importing goods from Europe, it will need to understand the cross rate between the Japanese Yen and the Euro to ensure that they are not overpaying due to adverse exchange rates.Moreover, the cross rate is also essential for tourists and travelers. When planning a trip abroad, individuals often need to convert their home currency into the local currency of their destination. Understanding the cross rate can help travelers get a better deal when exchanging their money, ensuring they do not lose out on value due to unfavorable rates offered by banks or currency exchange services.In conclusion, the concept of cross rate is vital in the realm of foreign exchange and international finance. Whether for traders, businesses, or travelers, having a firm grasp of what the cross rate entails can lead to more informed financial decisions and better outcomes. As the world becomes increasingly interconnected, the importance of understanding such financial terms will only continue to grow, making it essential for anyone involved in international transactions to familiarize themselves with the cross rate and its implications.

在金融和外汇的世界中,理解各种术语对于做出明智的决策至关重要。其中一个术语是交叉汇率,它指的是两种货币之间的汇率,而这两种货币不是进行交易的国家的官方货币。例如,如果美国的投资者想了解欧元和英镑之间的汇率,他们会查看这两种货币之间的交叉汇率,因为美元与这笔交易无关。交叉汇率对在多个货币市场运营的交易员和投资者极为有用。通过了解交叉汇率,他们可以更好地决定何时购买或出售特定货币。在当今全球经济中,这一点尤为重要,因为由于经济指标、政治事件和市场情绪等各种因素,货币价值可能迅速波动。例如,假设欧元对美元强势,而英镑对欧元疲软。交易员可能会分析欧元与英镑之间的交叉汇率,以判断是否是将欧元兑换成英镑的好时机。如果交叉汇率表明欧元可能进一步升值对英镑,交易员可能会决定推迟兑换,期待未来能获得更有利的汇率。此外,交叉汇率对从事国际贸易的公司也很重要。需要有效管理货币风险的进出口企业,通过了解交叉汇率,这些公司可以对抗不利的货币价值变动,从而保护其利润率。例如,若一家位于日本的公司从欧洲进口商品,它需要了解日元与欧元之间的交叉汇率,以确保不会因不利的汇率而支付过高的费用。此外,交叉汇率对游客和旅行者也至关重要。在计划国外旅行时,个人通常需要将本国货币兑换为目的地的当地货币。了解交叉汇率可以帮助旅行者在兑换货币时获得更好的交易,确保他们不会因银行或货币兑换服务提供的不利汇率而失去价值。总之,交叉汇率的概念在外汇和国际金融领域至关重要。无论是对交易员、企业还是旅行者,牢牢掌握交叉汇率的含义都可以导致更明智的财务决策和更好的结果。随着世界的日益互联,理解此类金融术语的重要性只会继续增长,这使得参与国际交易的任何人都必须熟悉交叉汇率及其影响。