Average rate
In accounting, average rate means an average of exchange rates over the period, used as a practical proxy for transaction-date rates when translating income and expenses — its method stated.
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- Lexicon
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Authority
This definition follows ASC 830-30-45-3.
Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.
Average rate, in use
Quoted from the document that use the word — what it does to an interface, in the spec's own sentence.
Average rate methodology is stated (simple average of daily, monthly weighted, transaction-date).
What it is not called
Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.
- blended rate
Nearby in the catalog
No component names this concept outright. These are the ones in its part of the system, which is a weaker claim — but a component nothing links to is a component nobody finds.
Terms this one depends on
Also in Multi-entity
Defined in Lexicon. This page is generated from that document, so the two cannot disagree.