👉 The dollar fluid refers to the daily average exchange rate between the US dollar and other major currencies, typically quoted on financial markets. It represents the rate at which one currency can be exchanged for another in a single day, reflecting market expectations and supply-demand dynamics. This rate is crucial for understanding currency movements, international trade, and investment decisions, as it influences the cost of imports and exports, and impacts the value of foreign investments denominated in US dollars. Unlike spot rates, which are immediate exchange rates for specific transactions, the dollar fluid provides a broader, daily snapshot of currency valuation trends.
