break-even exchange rate
简明释义
扯平汇率
英英释义
例句
1.Understanding the break-even exchange rate helps companies hedge against currency risk.
了解盈亏平衡汇率有助于公司对冲货币风险。
2.Investors need to monitor the break-even exchange rate to make informed decisions about currency trading.
投资者需要监控盈亏平衡汇率以便做出明智的货币交易决策。
3.The break-even exchange rate is crucial for businesses that import goods from abroad.
对于从国外进口商品的企业来说，盈亏平衡汇率至关重要。
4.During the meeting, we discussed how fluctuations could affect our break-even exchange rate.
在会议中，我们讨论了波动如何影响我们的盈亏平衡汇率。
5.The company calculated its break-even exchange rate to ensure profitability in international sales.
公司计算了其盈亏平衡汇率以确保国际销售的盈利能力。
作文
In the world of international finance, understanding various economic terms is crucial for making informed decisions. One such term is the break-even exchange rate, which plays a significant role in determining the profitability of foreign investments and trade. The break-even exchange rate refers to the exchange rate at which an investor or a business neither makes a profit nor incurs a loss when converting currencies. This concept is particularly important for companies engaged in international trade, as fluctuations in exchange rates can greatly affect their bottom line.To illustrate the significance of the break-even exchange rate, consider a hypothetical scenario where a U.S.-based company exports goods to Europe. Suppose the company sells its products for €100, and the current exchange rate is 1.2 USD/EUR. This means that the company would receive $120 for each product sold in Europe. However, if the exchange rate changes to 1.5 USD/EUR, the same €100 would only convert to $150, resulting in a profit for the company. Conversely, if the exchange rate falls to 1.0 USD/EUR, the company would only receive $100 for the same product, leading to a loss.The break-even exchange rate is the rate at which the revenue from the sale of goods in a foreign currency equals the costs incurred in the domestic currency. In our example, if the company's costs in the U.S. amount to $100 per unit, the break-even exchange rate would be 1.0 USD/EUR. At this rate, the company neither gains nor loses money from its export activities.Understanding the break-even exchange rate is essential for businesses to hedge against currency risk. Companies often use financial instruments such as forward contracts or options to lock in exchange rates and protect themselves from unfavorable fluctuations. By knowing their break-even exchange rate, businesses can make strategic decisions about pricing, production, and market entry.Moreover, the break-even exchange rate is not static; it can change based on various factors, including inflation rates, interest rates, and overall economic conditions in both the home and foreign countries. For instance, if inflation increases in the U.S. while remaining stable in Europe, the break-even exchange rate may shift, requiring the company to adjust its pricing strategy accordingly.In conclusion, the break-even exchange rate is a vital concept in international finance that helps businesses navigate the complexities of currency conversion and foreign trade. By understanding this term, companies can better manage their financial risks and enhance their profitability in the global market. As the world becomes increasingly interconnected, the ability to analyze and respond to changes in the break-even exchange rate will be essential for maintaining a competitive edge in international business.
在国际金融的世界中，理解各种经济术语对于做出明智的决策至关重要。一个这样的术语是盈亏平衡汇率，它在确定外部投资和贸易的盈利能力方面起着重要作用。盈亏平衡汇率指的是投资者或企业在转换货币时既不盈利也不亏损的汇率。这个概念对于从事国际贸易的公司尤为重要，因为汇率的波动会极大地影响它们的利润。为了说明盈亏平衡汇率的重要性，考虑一个假设场景：一家总部位于美国的公司向欧洲出口商品。假设该公司以€100的价格销售其产品，而当前汇率为1.2 USD/EUR。这意味着该公司在欧洲每销售一件产品就会收到120美元。然而，如果汇率变为1.5 USD/EUR，那么同样的€100只会兑换成150美元，从而使公司获得利润。相反，如果汇率降至1.0 USD/EUR，该公司只能为同一产品获得100美元，从而导致亏损。盈亏平衡汇率是指以外币销售商品所获得的收入等于以本国货币计算的成本的汇率。在我们的例子中，如果该公司在美国的成本为每单位100美元，则盈亏平衡汇率将为1.0 USD/EUR。在这个汇率下，公司在出口活动中既不赚也不亏。理解盈亏平衡汇率对企业对冲货币风险至关重要。公司通常使用远期合约或期权等金融工具来锁定汇率，以保护自己免受不利波动的影响。通过了解自己的盈亏平衡汇率，企业可以在定价、生产和市场进入方面做出战略决策。此外，盈亏平衡汇率并不是静态的；它可能会根据各种因素而变化，包括通货膨胀率、利率以及本国和外国的整体经济状况。例如，如果美国的通货膨胀上升，而欧洲保持稳定，则盈亏平衡汇率可能会发生变化，要求公司相应调整其定价策略。总之，盈亏平衡汇率是国际金融中的一个重要概念，帮助企业应对货币转换和外贸的复杂性。通过理解这一术语，公司可以更好地管理财务风险，提高在全球市场上的盈利能力。随着世界日益互联，分析和应对盈亏平衡汇率变化的能力将对保持国际业务的竞争优势至关重要。
