exchange rate mechanism

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Definitions of exchange rate mechanism words

noun exchange rate mechanism European financial system 1
noun exchange rate mechanism the mechanism formerly used in the European Monetary System in which participating governments committed themselves to maintain the values of their currencies in relation to the ECU 0
noun exchange rate mechanism the mechanism used to stabilize the currencies of European Union states that have not adopted the euro but wish to maintain the value of their currency in relation to it 0

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adjective

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preposition

conjunction

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exclamation

A common word. It’s meaning is known to most children of preschool age. About 91% of English native speakers know the meaning and use the word.

Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

This diagram is provided by Google Ngram Viewer

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