← Back to Fala2Me

fixed exchange

[FꞮKST ɪkˈtʃeɪndʒ]
nounpl: fixed exchanges
taxa de câmbio fixa
1. An exchange rate between two currencies that is set and maintained by central banks or governments, rather than being determined by market forces
The country maintained a fixed exchange rate with the US dollar for decades.
O país manteve uma taxa de câmbio fixa com o dólar americano por décadas.
2. A predetermined rate at which one currency can be exchanged for another
Under the Bretton Woods system, most currencies operated under a fixed exchange arrangement.
Sob o sistema de Bretton Woods, a maioria das moedas operava sob um arranjo de taxa de câmbio fixa.
Synonyms
fixed ratepegged exchange rateofficial exchange rate
Antonyms
floating exchange rateflexible exchange ratemarket exchange rate

Regional Variations

General Brazilian
taxa de câmbio fixa
Standard term used in Brazilian economic and financial contexts
Portugal
taxa de câmbio fixa
Standard term used in Portuguese economic discourse

Related Idioms & Phrases

peg to a currency
maintain exchange rate stability
currency peg arrangement
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →