The average of the prevailing bid and offer exchange rates for a particular currency pair. For example, if the bid rate in EUR/USD is 1.4000 and the offer rate is 1.4004, then the middle rate is 1.4002, which represents the average of 1.4000 and 1.4004.
Browse by Subjects
constant purchasing power
National Association of Securities Dealers (NASD)
petroleum revenue tax
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):