The financial definition for Historical exchange rate:
An accounting term that refers to the exchange rate in effect at the time an asset or liability is acquired.
Similar Matches
Historical cost
Historical cost Describes the accounting cost carried in the books for a current cost of the item.
Historical Cost Accounting Convention
Historical Cost Accounting Convention An accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition.
Historical trading range
Historical trading range The range of price over which a security or a commodity has traded since listing on a exchange.