Tỷ giá
/tɨ˧ˀ˦ zaː˦˥/The value of one currency for the purpose of conversion to another, typically used in banking, finance, and international trade.
Ngân hàng trung ương điều chỉnh tỷ giá để ổn định nền kinh tế.
The central bank adjusts the exchange rate to stabilize the economy.
Do tỷ giá dao động mạnh, nhiều doanh nghiệp phải chịu rủi ro tài chính.
Due to strong exchange rate fluctuations, many businesses face financial risks.
In Vietnam, 'tỷ giá' specifically refers to the official exchange rate set by the State Bank of Vietnam (SBV).
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💡Pro Tip
Formal Usage
Always use 'tỷ giá' in formal financial contexts, such as banking or economic reports.
⚡Gold Rule
Official vs. Market Rates
In Vietnam, the State Bank of Vietnam (SBV) sets the official exchange rate, while market rates may vary slightly.
📖Word Origin
Derived from 'tỷ' (ratio) and 'giá' (price), referring to the ratio at which currencies are exchanged.
📝Usage Notes
In Vietnamese, 'tỷ giá' is strictly used in financial contexts. Avoid using it for non-monetary comparisons.