subject to currency - USD exchange rate - Oecd exchange rate

Currency fluctuations and why they matter

Currencies fluctuate daily and there are many reasons for this, including economic, social, and political factors.

A. Foreign currency considerations

IAS 21 requires each individual entity to determine its functional currency and measure its results and financial position in that currency.

Subject Currency Definition

More Definitions of Subject Currency. Subject Currency means, in relation to an FX Rate, the currency specified as such in the applicable Pricing Supplement.

Exchange rate

In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, 

Yearly average currency exchange rates

To convert from foreign currency to US dollars, divide the foreign currency amount by the applicable yearly average exchange rate in the table below.

Currency Substitution

Currency mismatch. A firm is subject to a currency mismatch when the currency composition of its assets differs from that of its liabilities.