fixed exchange rate

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

vaste wisselkoers

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.
Veel landen verlieten het vaste wisselkoerssysteem ten gunste van zwevende koersen.
A fixed exchange rate can provide stability for international trade.
Een vaste wisselkoers kan stabiliteit bieden voor internationale handel.