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Meaning of "Exchange Rate Mechanism II" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF EXCHANGE RATE MECHANISM II

Exchange Rate Mechanism II  [ɪksˈtʃeɪndʒ reɪt ˈmekənɪzəm tuː] play
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GRAMMATICAL CATEGORY OF EXCHANGE RATE MECHANISM II

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Exchange Rate Mechanism II 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 EXCHANGE RATE MECHANISM II MEAN IN ENGLISH?

European Exchange Rate Mechanism

The European Exchange Rate Mechanism was a system introduced by the European Community in March 1979, as part of the European Monetary System, to reduce exchange rate variability and achieve monetary stability in Europe, in preparation for Economic and Monetary Union and the introduction of a single currency, the euro, which took place on 1 January 1999. After the adoption of the euro, policy changed to linking currencies of countries outside the eurozone to the euro. The goal was to improve stability of those currencies, as well as to gain an evaluation mechanism for potential eurozone members. This mechanism is known as ERM II and has superseded ERM. Currently there are just two countries in the ERM II, the Danish krone and the Lithuanian litas.

Definition of Exchange Rate Mechanism II in the English dictionary

The definition of Exchange Rate Mechanism II in the dictionary is the mechanism used to stabilize the currencies of European Union states that have not adopted the euro but wish to maintain the value of their currency in relation to it.

WORDS THAT RHYME WITH EXCHANGE RATE MECHANISM II


B-2
ˈbiːˌtuː
battu
bæˈtuː
Chengdu
ˈtʃɛŋˈtuː
go-to
ˈɡəʊˌtuː
hitherto
ˈhɪðəˈtuː
into
ˈɪntuː
kutu
ˈkuːtuː
ratu
ˈrɑːtuː
set-to
ˈsɛttuː
surtout
ˈsɜːtuː
tattoo
tæˈtuː
thereto
ˌðɛəˈtuː
to
tuː
too
tuː
tutu
ˈtuːtuː
two
tuː
unto
ˈʌntuː
Vanuatu
ˈvænuːˌætuː
vatu
ˈvætuː
vertu
vɜːˈtuː

WORDS THAT BEGIN LIKE EXCHANGE RATE MECHANISM II

Exchange Rate Mechanism

WORDS THAT END LIKE EXCHANGE RATE MECHANISM II

Albert II
Catherine II
Charles II
Claudius II
Constantine II
Elizabeth II
Ferdinand II
Frederick II
Frederick William II
Hammerstein II
Hassan II
John Paul II
Julius II
Mary II
Pedro II
Robert II
Urban II
Wilhelm II
William II
World War II

Synonyms and antonyms of Exchange Rate Mechanism II in the English dictionary of synonyms

SYNONYMS

Translation of «Exchange Rate Mechanism II» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF EXCHANGE RATE MECHANISM II

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

Translator English - Chinese

汇率机制第二
1,325 millions of speakers

Translator English - Spanish

Mecanismo de Tipos de Cambio II
570 millions of speakers

English

Exchange Rate Mechanism II
510 millions of speakers

Translator English - Hindi

विनिमय दर तंत्र द्वितीय
380 millions of speakers
ar

Translator English - Arabic

آلية سعر الصرف II
280 millions of speakers

Translator English - Russian

Валютный курс Механизм II
278 millions of speakers

Translator English - Portuguese

Taxa de câmbio Mecanismo II
270 millions of speakers

Translator English - Bengali

এক্সচেঞ্জ রেট প্রক্রিয়া ২
260 millions of speakers

Translator English - French

Mécanisme de change européen
220 millions of speakers

Translator English - Malay

Mekanisme Kadar Pertukaran II
190 millions of speakers

Translator English - German

Wechselkursmechanismus II
180 millions of speakers

Translator English - Japanese

為替相場メカニズムII
130 millions of speakers

Translator English - Korean

환율 메커니즘 II
85 millions of speakers

Translator English - Javanese

Mekanisme Exchange Rate II
85 millions of speakers
vi

Translator English - Vietnamese

Tỷ giá Cơ chế II
80 millions of speakers

Translator English - Tamil

பரிமாற்ற வீத வழிமுறை II
75 millions of speakers

Translator English - Marathi

विनिमय दर यंत्रणा दुसरा
75 millions of speakers

Translator English - Turkish

Döviz Kuru Mekanizması II
70 millions of speakers

Translator English - Italian

Meccanismo di cambio II
65 millions of speakers

Translator English - Polish

Exchange Rate Mechanism II
50 millions of speakers

Translator English - Ukrainian

Валютний курс Механізм II
40 millions of speakers

Translator English - Romanian

Mecanismul cursului de schimb II
30 millions of speakers
el

Translator English - Greek

Μηχανισμός Συναλλαγματικών Ισοτιμιών II
15 millions of speakers
af

Translator English - Afrikaans

Wisselkoers meganisme II
14 millions of speakers
sv

Translator English - Swedish

Växelkursmekanismen II
10 millions of speakers
no

Translator English - Norwegian

Exchange Rate Mechanism II
5 millions of speakers

Trends of use of Exchange Rate Mechanism II

TRENDS

TENDENCIES OF USE OF THE TERM «EXCHANGE RATE MECHANISM II»

The term «Exchange Rate Mechanism II» is normally little used and occupies the 117.663 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Little used
45
/100
The map shown above gives the frequency of use of the term «Exchange Rate Mechanism II» in the different countries.
Principal search tendencies and common uses of Exchange Rate Mechanism II
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «Exchange Rate Mechanism II».

FREQUENCY OF USE OF THE TERM «EXCHANGE RATE MECHANISM II» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «Exchange Rate Mechanism II» during the past 500 years. Its implementation is based on analysing how often the term «Exchange Rate Mechanism II» 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 Exchange Rate Mechanism II

EXAMPLES

10 ENGLISH BOOKS RELATING TO «EXCHANGE RATE MECHANISM II»

Discover the use of Exchange Rate Mechanism II in the following bibliographical selection. Books relating to Exchange Rate Mechanism II and brief extracts from same to provide context of its use in English literature.
1
The Role of the Exchange Rate in Inflation-Targeting ...
... the MNB widened the fluctuation band of the exchange rate from ±2.25 percent to ±15 percent (May 2001), which is compatible with the European exchange rate mechanism II (ERM II).60,61 The central par60The ERM II is a regime under ...
Turgut Kisinbay, Anna Nordstrom, Seiichi Shimizu, 2009
2
International Macroeconomics: Recent Developments
... given the crucial role that exchange regime plays in determining macroeconomic stability and investment climate. Since the assessment of exchange rate stability includes as a mandatory the participation in the Exchange Rate Mechanism II ...
Amalia Morales Zumaquero, 2006
3
The A to Z of the European Union
See also EXCHANGE RATE MECHANISM II (ERM II). EXCHANGE RATE MECHANISM II (ERM II). In order to promote monetary stability throughout the European Union (EU)— between euro zone and non—euro zone member states —and to ...
Joaquín Roy, Aimee Kanner, 2009
4
Companion to the European Union
But for those countries outside EMU the ERM continued as Exchange Rate Mechanism II from 1 January 1999 to provide a vehicle for coordinating the relationship between the euro and those countries that had chosen not to participate in the ...
Alasdair Blair, 2006
5
Euro Adoption in Central and Eastern Europe: Opportunities ...
Comments on "The Maastricht Criteria on Price and Exchange Rate Stability and the ERM II," by Gyorgy Szaparyt The paper gives an excellent overview of the issues involved in the participation in the Exchange Rate Mechanism II (ERM II).
Ms. Susan Schadler, 2005
6
Establishing Conversion Values for New Currency Unions: ...
It worked well in the European context, but it may have only limited relevance in other regions. Exchange Rate Mechanism II — handling later entrants to the Euroarea 110. Countries later joining the Euroarea faced a different situation.
Bassem Kamar, Jean-Etienne Carlotti, Russell C. Krueger, 2009
7
Trade Specialization in the Enlarged European Union
Before introducing the Euro, these countries will have to join the European Exchange Rate Mechanism II (ERM II) - while reaching the status of fully-fledged EMU members - which fixes the nominal exchange rate of the respective country to ...
Dora Borbély, 2006
8
Central Banking Systems Compared: The ECB, The Pre-Euro ...
Exchange Rate Mechanism II (ERM II) Foreign exchange intervention with respect to the currencies of EU Member States outside the eurozone is governed by the rules and regulations of the Exchange Rate Mechanism (ERM II) agreement, ...
Emmanuel Apel, 2003
9
The Periphery of the Euro: Monetary and Exchange Rate Policy ...
... Monetary Union entrepreneurship 279-80 equilibrium exchange rate 230-1 Ericsson, N.R. 171, 173, 321 ERM see Exchange Rate Mechanism ERM-II see Exchange Rate Mechanism II Esanov, Akram 7. 145-66 ESCB see European System ...
Philippe de Lombaerde, Lúcio Mauro Vinhas Souza, 2006
10
New Political Economy of Exchange Rate Policies and the ...
This work analyses exchange-rate policy in the course of the eurozone's eastward enlargement. The formation of exchange-rate policies in the CEECs during their Exchange-Rate Mechanism II (ERM II) pass through is of particular research ...
Christian H. Fahrholz, 2006

10 NEWS ITEMS WHICH INCLUDE THE TERM «EXCHANGE RATE MECHANISM II»

Find out what the national and international press are talking about and how the term Exchange Rate Mechanism II is used in the context of the following news items.
1
Bulgaria's Govt to Create Council Tasked with Eurozone Accession …
The exchange rate mechanism II (ERM II) is a regime of fixed exchange rates in which all EU countries wishing to adopt the euro as their ... «Novinite.com, Jul 15»
2
ECB Accord Under Scrutiny as Danes Defending Peg Ask, What If?
Under the Exchange Rate Mechanism II, the ECB would step in and help if Denmark's tolerance band is breached and if doing so doesn't ... «Bloomberg, Feb 15»
3
FT: Bulgarian Economy May be Approaching Normality
Goranov has mentioned 2018 as a possible date for completing the first step – accession to the European Exchange Rate Mechanism II (ERM ... «Novinite.com, Feb 15»
4
FinMin: Bulgaria Realises Its Unpreparedness for Euro
... he had mentioned 2018 as a possible date for completing the first step – accession to the European Exchange Rate Mechanism II (ERM II). «Novinite.com, Jan 15»
5
Eurozone QE: 20 things you need to know
In Europe, the countries that are part of the exchange rate mechanism II will see their currencies rise in value, as Switzerland's has done. «Channel 4 News, Jan 15»
6
Joining Euro to Have Positive Impact on Bulgaria's Economy - Experts
... Bulgaria is eyeing a restart of euro talks, with a prospect to join the Eurozone's "waiting room", or the Exchange Rate Mechanism II, by 2018. «Novinite.com, Jan 15»
7
Scotland Referendum: Key Issues of the Scottish Independence
First, the country needs to be a part of the European Union and then it has to include its currency in the Exchange Rate Mechanism II. It takes ... «Softpedia, Sep 14»
8
No pound, no euro: Scotland needs a plan C
EU law also dictates that a country must enter the Exchange Rate Mechanism II before adopting the euro. The Scottish Government claims ... «This is Money, Aug 14»
9
Commission assesses eight EU countries' readiness to join the euro …
In the Exchange Rate Mechanism II (ERM II), the exchange rate of a non-euro area Member State is fixed against the euro and is only allowed ... «EU News, Jun 14»
10
Scotland probably would not have to have its own separate currency …
The reason is that, under the rules of the euro, a country wanting to join must first be a member of the "Exchange Rate Mechanism II" (ERM II) ... «Telegraph.co.uk, Feb 14»

REFERENCE
« EDUCALINGO. Exchange Rate Mechanism II [online]. Available <https://educalingo.com/en/dic-en/exchange-rate-mechanism-ii>. Apr 2024 ».
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