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Glossary   >   H   >   "Historical exchange rate" Definition            Historical exchange rate An accounting term that refers to the exchange rate in effect when an asset or liability was acquired. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Historical exchange rate - An accounting term that refers to the exchange rate in effect when an asset or liability was acquired.