conversion rate changes

deny80

Senior Member
Italian - Italy
Hello, I'm having trouble in understanding this sentence (it's about using tests in a corporate environment):

"Sales and conversion-rate changes are frequently used as dependent variables in tests and are reliably measured for separate purposes".

What are conversion-rate changes? Could you provide a similar expression for me to understand?
 
  • Dimcl

    Senior Member
    Canadian English
    I take the phrase to mean changes in the daily ebb and flow of monetary conversion rates ie. U.S. dollar/Yen, Canadian dollar/U.S. dollar, etc. Having said that, economics is not anywhere close to being my forte. If you Google "conversion-rate changes", you will get many hits.
     

    dermott

    Senior Member
    B.E. via Australian English
    Dimcl is spot on. National currencies are converted into other national currencies at rates that are called conversion rates. These rates fluctuate on a daily - hourly, minute-by-minute - basis.
     
    < Previous | Next >
    Top