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FX Trading
Acquisition Rate
The exchange rate at which a company or individual obtains currency for a particular transaction.
Simple Example
: TechCorp acquires euros at an exchange rate of 1.0950 USD/EUR to pay a vendor in France.
Numerical Breakdown
:some text
To acquire €100,000 at the acquisition rate of 1.0950 USD/EUR, the cost in USD would be:
100,000×1.0950=109,500100,000 \times 1.0950 = 109,500100,000×1.0950=109,500 USD.