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) of the group are translated with the average exchange rates of the year of the consolidated financial statements that are 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 is calculated by retranslating current and prior period results at a consistent rate.

  • Constant currency excludes the impact of fluctuations in foreign exchange rates.

  • Constant currency effect is presented as a single amount due to the complex and interrelated nature of currency impacts on sales.

  • Definition – Constant currency Constant currency translates financial data from foreign operations for a period into U.S. dollars using the same foreign currency exchange rates as those used to translate financial data for the prior period.

  • Growth • Constant currency growth – is a measure of revenue growth before foreign currency impacts.

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

  • Constant currency is calculated by retranslating current and prior-period revenue at a consistent exchange rate rather than the actual exchange rates in effect during the respective periods.

  • Constant currency revenue growth highlights ongoing business performance excluding the impact of fluctuating foreign currencies, which is outside of management's control.

  • The majority of Sonic’s debt is drawn in foreign currencies as “natural” balance sheet hedging of Sonic’s offshore operations (see (a) Constant currency above).

  • Constant currency net sales growth, income tax rate, as adjusted, EBITDA, Adjusted EBITDA, free cash flow, net debt and Adjusted net income should not be considered as alternatives to net sales, net income (loss), income (loss) before operations or any other performance measures derived in accordance with GAAP as measures of operating performance or operating cash flows or as measures of liquidity.

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 currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;

  • 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).

  • Affected Currency has the meaning assigned to such term in Section 2.13.

  • Termination Currency means United States Dollars.

  • Approved Currency means each of Dollars and each Alternative 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.

  • 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”