Außenwert
German
Etymology
außen (“outside/external”) + Wert (“value”)
Pronunciation
- IPA(key): [ˈaʊ̯sn̩ˌveːɐ̯t]
- Hyphenation: Au‧ßen‧wert
Noun
Außenwert m (strong, genitive Außenwerts, plural Außenwerte)
- (economics) external value, exchange rate value (the value of a currency expressed in terms of another currency or a basket of currencies; the international purchasing power of a currency)
- Ein steigender Außenwert der Währung macht Importe billiger, erschwert aber den Export.
- A rising external value of the currency makes imports cheaper but complicates exports.
- Die Zentralbank intervenierte am Devisenmarkt, um den sinkenden Außenwert zu stützen.
- The central bank intervened in the foreign exchange market to support the falling external value.
Declension
Declension of Außenwert [masculine, strong]
Synonyms
- Wechselkurs (exchange rate)
- Devisenkurs (foreign exchange rate)
Antonyms
- Binnenwert (internal value; domestic purchasing power)
Coordinate terms
- Aufwertung (appreciation/revaluation)
- Abwertung (depreciation/devaluation)
- Kaufkraftparität (purchasing power parity)
- Handelsbilanz (trade balance; which is influenced by the external value)
Related terms
- Außenhandel (foreign trade)
- wertbeständig (stable in value)