1. An exchange rate between two currencies that is set and maintained at a constant level by government or central bank intervention, rather than fluctuating based on market forces
The country adopted a fixed change policy to stabilize its economy.
O país adotou uma política de câmbio fixo para estabilizar sua economia.
2. A predetermined amount of currency exchanged in a transaction
With fixed change, travelers know exactly how much foreign currency they will receive.
Com câmbio fixo, os viajantes sabem exatamente quanto de moeda estrangeira receberão.