Spot Exchange Rate: The exchange rate at which a foreign exchange dealer will convert one currency into another that particular day. Related posts: Forward Market Dirty Float System Bill of Exchange Globalization Forward Exchange Rate Pay grades International strategy Future Contract Compensation Foreign Direct Investment Currency Crisis Spot Market Arbitrage Foreign Debt Crisis Wage rate Exchange Value Floating Exchange Rates Fixed Exchange Rate System Fixed Exchange Rates Floating Exchange Rate Read more articles Previous PostPurchasing Power Parity (PPP) Next PostForward Exchange Rate