fixed exchange rate

US /ˌfɪkst ɪksˈtʃeɪndʒ reɪt/
UK /ˌfɪkst ɪksˈtʃeɪndʒ reɪt/
"fixed exchange rate" picture
1.

고정 환율

a type of exchange rate regime where a currency's value is fixed against the value of another single currency, a basket of other currencies, or a unit of account

:
Many countries abandoned the fixed exchange rate system in favor of floating rates.
많은 국가들이 변동 환율을 선호하여 고정 환율 제도를 포기했다.
A fixed exchange rate can provide stability for international trade.
고정 환율은 국제 무역에 안정성을 제공할 수 있다.