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Historical exchange rateAn accounting term that refers to the exchange rate in effect at the time an asset or liability is acquired.
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Historical exchange rateDefinition In accounting, the exchange rate of a currency at the time an asset was acquired or a liability was incurred. In currency trading, the average exchange rate of a currency pair such as the d [..]
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Historical exchange rateAn accounting term that refers to the exchange rate in effect at the time an asset or liability is acquired.
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