Constant currency definition

Constant currency means translating current period financial data at the prior year average exchange rates applicable to the local currency in which the transactions are denominated.
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Constant currency means that for the purpose of this Plan the calculation of the figures stated under IFRS denominated in Euro shall be adjusted for currency effects. For the ascertainment of the currency adjustment all line items of the profit and loss statements of the companies that are included in the consolidated financial statements and which have a functional currency other than the reporting currency (Euro) are translated with the average exchange rates effectively established in the year of the consolidated financial statements that is the basis for the comparison.
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Constant currency means results excluding the effects of foreign currency fluctuations and is calculated by translating the current period and prior period’s results using the annual average exchange rates for the prior period.
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Examples of Constant currency in a sentence

  • Constant currency results exclude any benefit or loss caused by foreign exchange fluctuations between foreign currencies and the United States dollar, net of foreign currency hedges, which would not have occurred if there had been a constant exchange rate.

  • Constant currency revenue results are calculated by translating current period revenue in local currency using the prior period’s currency conversion rate.

  • Constant currency is calculated by retranslating current and prior period results at a consistent rate.

  • Constant currency removes effect of exchange rate movements on the translation of the results of our overseas operations.

  • Constant currency financial measures are computed as if foreign currency exchange rates did not change from the prior period.

  • Constant currency removes the impact of exchange rate movements to facilitate comparability of operational performance.

  • Constant currency removes the impact of exchange rate movements to facilitate comparability.

  • Constant currency results exclude any estimated benefit or loss caused by foreign exchange fluctuations between foreign currencies and the United States dollar, net of foreign currency hedges, which would not have occurred if there had been a constant exchange rate.

  • Constant currency eliminates the translational effect that arises from changes in foreign currency year-on-year.

  • Constant currency growth, a non-GAAP financial measure, measures the change in revenue between current and prior year periods using average exchange rates in effect during the applicable prior year period.

Related to Constant currency

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Fiat Currency means a currency issued by a country's government or central bank.

  • First Currency has the meaning specified in Section 1.15.

  • Payment Currency has the meaning given in Clause 21.4;

  • Component Currency means any currency which, on the Conversion Date, was a component currency of the relevant currency unit.

  • Settlement Currency means Pounds sterling ("GBP").

  • Judgment Currency has the meaning specified in Section 10.19.

  • Agreement Currency has the meaning specified in Section 10.19.

  • Judgment Currency Conversion Date shall have the meaning assigned to such term in Section 11.18(a).

  • Other Currency has the meaning specified in Section 1.15.

  • Second Currency has the meaning specified in Section 14.19.

  • Denomination Currency has the meaning specified in Section 14(b).

  • Index Currency means USD.

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Designated Currency shall have the same meaning assigned to it in Section 3.12.

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Termination Currency means United States Dollars.

  • Approved Currency means each of Dollars and each Alternate Currency.

  • Specified Currency means the currency specified as such hereon or, if none is specified, the currency in which the Notes are denominated.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no currency is specified on the face hereof, United States dollars. “LIBOR Page”