Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “fixed currency”

fixed currency

noun [C]     (plural fixed currencies)
ECONOMICS, MONEY a currency whose value in relation to another currency or other currencies is kept at the same level by a central bank , etc.: We'll do all we can to safeguard our fixed currency link to the euro .
→ See also pegged currency
(Definition of fixed currency noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of fixed currency

Word of the Day


a good knowledge of something, or the fact that you know it so well

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More