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Meaning of "currency snake" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF CURRENCY SNAKE

currency snake  [ˈkʌrənsɪ sneɪk] play
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GRAMMATICAL CATEGORY OF CURRENCY SNAKE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Currency snake is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES CURRENCY SNAKE MEAN IN ENGLISH?

Definition of currency snake in the English dictionary

The definition of currency snake in the dictionary is an exchange rate system that operated between various member countries of the EEC during the 1970s. The exchange rates between the currencies of the participating states were only allowed to fluctuate within a restricted range, and the up and down movement was likened to the undulations of a snake.


WORDS THAT RHYME WITH CURRENCY SNAKE


bake
beɪk
blacksnake
ˈblækˌsneɪk
Blake
bleɪk
brake
breɪk
break
breɪk
bullsnake
ˈbʊlˌsneɪk
cake
keɪk
cupcake
ˈkʌpˌkeɪk
drake
dreɪk
fake
feɪk
intake
ˈɪnˌteɪk
jake
dʒeɪk
lake
leɪk
make
meɪk
mistake
mɪˈsteɪk
rattlesnake
ˈrætəlˌsneɪk
shake
ʃeɪk
snake
sneɪk
take
teɪk
wake
weɪk

WORDS THAT BEGIN LIKE CURRENCY SNAKE

currencies
currency
currency bar
currency market
currency note
currency rate
currency trader
currency trading
currency unit
current
current account
current affairs
current assets
current density
current efficiency
current expenditure
current expenses
current liabilities
current yield
current-account

WORDS THAT END LIKE CURRENCY SNAKE

blind snake
brown snake
bull snake
coral snake
diamond snake
garter snake
glass snake
gopher snake
grass snake
hognose snake
indigo snake
king snake
milk snake
rat snake
rock snake
sea snake
smooth snake
tiger snake
tree snake
water snake
whip snake

Synonyms and antonyms of currency snake in the English dictionary of synonyms

SYNONYMS

Translation of «currency snake» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF CURRENCY SNAKE

Find out the translation of currency snake to 25 languages with our English multilingual translator.
The translations of currency snake from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «currency snake» in English.

Translator English - Chinese

货币蛇
1,325 millions of speakers

Translator English - Spanish

serpiente monetaria
570 millions of speakers

English

currency snake
510 millions of speakers

Translator English - Hindi

मुद्रा साँप
380 millions of speakers
ar

Translator English - Arabic

ثعبان العملة
280 millions of speakers

Translator English - Russian

валюта змея
278 millions of speakers

Translator English - Portuguese

serpente monetária
270 millions of speakers

Translator English - Bengali

মুদ্রা সর্প
260 millions of speakers

Translator English - French

serpent monétaire
220 millions of speakers

Translator English - Malay

Ular mata wang
190 millions of speakers

Translator English - German

Währungsschlange
180 millions of speakers

Translator English - Japanese

通貨のヘビ
130 millions of speakers

Translator English - Korean

통화 뱀
85 millions of speakers

Translator English - Javanese

Ular mata uang
85 millions of speakers
vi

Translator English - Vietnamese

con rắn tiền tệ
80 millions of speakers

Translator English - Tamil

நாணய பாம்பு
75 millions of speakers

Translator English - Marathi

चलन साप
75 millions of speakers

Translator English - Turkish

Para yılanı
70 millions of speakers

Translator English - Italian

valuta serpente
65 millions of speakers

Translator English - Polish

waluta wąż
50 millions of speakers

Translator English - Ukrainian

валюта змія
40 millions of speakers

Translator English - Romanian

șarpe valută
30 millions of speakers
el

Translator English - Greek

φίδι νόμισμα
15 millions of speakers
af

Translator English - Afrikaans

geldeenheid slang
14 millions of speakers
sv

Translator English - Swedish

valutaormen
10 millions of speakers
no

Translator English - Norwegian

valuta slange
5 millions of speakers

Trends of use of currency snake

TRENDS

TENDENCIES OF USE OF THE TERM «CURRENCY SNAKE»

The term «currency snake» is barely ever used and occupies the 207.576 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Unused
3
/100
The map shown above gives the frequency of use of the term «currency snake» in the different countries.
Principal search tendencies and common uses of currency snake
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «currency snake».

FREQUENCY OF USE OF THE TERM «CURRENCY SNAKE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «currency snake» during the past 500 years. Its implementation is based on analysing how often the term «currency snake» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about currency snake

EXAMPLES

10 ENGLISH BOOKS RELATING TO «CURRENCY SNAKE»

Discover the use of currency snake in the following bibliographical selection. Books relating to currency snake and brief extracts from same to provide context of its use in English literature.
1
International Encyclopedia of the Stock Market
... European Association of Securities Dealers Auto Quotation (EASDAQ) 378; European Currency Snake 381; European Currency Unit (ECU) 382; European Exchange Rate Mechanism (ERM) 383; European Free Trade Association (EFTA ) ...
Michael D. Sheimo, Andreas Loizou, 1999
2
Wage Setting, Social Pacts and the Euro: a New Role for the ...
The main gateway through which the German model entered the adjustment process of most Western European countries was the currency snake. The European currency snake drew on the early Werner plan on European economic and ...
Anke Hassel, 2006
3
A Concise History of European Monetary Integration: From EPU ...
On the other hand, the strong-currency snake countries were worried that the obligations under the snake — considered "a stimulus to economic and monetary discipline" (Oort, 1979, p. 215) — would be weakened and that easier access to ...
Horst Ungerer, 1997
4
European Integration: From Nation-States to Member States
This explains France's ongoing saga of entries and exits of the European currency 'Snake' in the 1970s.31 Created in 1973, the currency 'Snake' was replaced by the European Monetary System in 1979. Within the EMS was the Exchange ...
Chris J. Bickerton, 2012
5
The Euro in the 21st Century: Economic Crisis and Financial ...
This intervention system, commonly known as the "currency snake," limited fluctuations between currencies and the US dollar to a maximum of 2.25 percent and fluctuations between any two currencies participating in the snake to a maximum ...
Dr María Lorca-Susino, 2013
6
Glossary of International Trade: Handbook of the Global ...
... or if fluctuations in the currencies of the buyer and seller are anticipated over the course of the contract. currency snake See snake system. currency swap ( banking/foreign exchange) System whereby an institution with funds in one currency ...
Edward G. Hinkelman, Sibylla Putzi-Ortiz, 2009
7
The United Kingdom Financial System in Transition: Theory ...
Attempts were made to create a European successor to Bretton Woods with the establishment of the European currency 'Snake' in 1972. This arrangement was designed to narrow fluctuating margins between EC currencies. Sterling ...
M. Buckle, John L. Thompson, 1992
8
Mapping European Corporations: Strategy, Structure, ...
OEEC trade liberalization Currency restrictions New import customs EFTA established Membership of EEC The currency “snake” European Monetary System Fixed currency policy Single European Act Single European Market Euro introduced ...
Andrea Colli, Abe De Jong, Martin Jes Iversen, 2013
9
Asia and China in the Global Economy
Later, the European central banks introduced an additional mechanism to reduce exchange rate fluctuation and set up the European “currency snake” in the tunnel .3 In 1977, the European Monetary System (EMS) was established, which ...
Yin-Wong Cheung, Guonan Ma, 2011
10
The Dynamics of the Price Structure and the Business Cycle: ...
On the other hand however the authorities continued to reject the re-entry of the lira into the currency snake, despite requests from all sides, particularly since the beginning of the year. Re-entry would have led to the revaluation of the lira, ...
Cristina Nardi Spiller, 2003

3 NEWS ITEMS WHICH INCLUDE THE TERM «CURRENCY SNAKE»

Find out what the national and international press are talking about and how the term currency snake is used in the context of the following news items.
1
Why the British pound won't collapse this time, like it did in the early …
In 1992, the pound was under what was called the European currency snake, a forex mechanism to prepare economies for the monetary union ... «Quartz, Mar 13»
2
The blueprint for lopsided monetary union
The European “currency snake”, established in 1972, gave way seven years later to the European Monetary System. Neither was entirely ... «Financial Times, Dec 12»
3
Euro may vanish after only ten years of existence
The currency was introduced in 1979 as a result of the idea of the EU states to create the so-called "currency snake." The main goal of the idea ... «Pravda, May 12»

REFERENCE
« EDUCALINGO. Currency snake [online]. Available <https://educalingo.com/en/dic-en/currency-snake>. Apr 2024 ».
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