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 Glossary   >   T   >   "Temporal method" Definition   

        Temporal method

Under this currency translation method, the choice of exchange rate depends on the underlying method of valuation. Assets and liabilities valued at historical cost (market cost) are translated at the historical (current market) rate.

Temporal method


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Temporal method - Under this currency translation method, the choice of exchange rate depends on the underlying method of valuation. Assets and liabilities valued at historical cost (market cost) are translated at the historical (current market) rate.


Temporal method : under this currency translation method, the choice of exchange rate depends on the underlying method of valuation. assets and liabilities valued at historical cost (market cost) are translated at the historical (current market) rate.