Translation of "currency conversion" into Dutch

valutaomrekening is the translation of "currency conversion" into Dutch.

currency conversion

The process of restating foreign currency accounts of subsidiaries into equivalent currency (usually the reporting currency of the parent company), in order to prepare consolidated financial statements in the native currency of the parent company.

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English-Dutch dictionary

  • valutaomrekening

    The process of restating foreign currency accounts of subsidiaries into equivalent currency (usually the reporting currency of the parent company), in order to prepare consolidated financial statements in the native currency of the parent company.

    By giving a choice to consumers, it could stimulate competition in currency conversion.

    Als de consumenten mogen kiezen, zou dat de concurrentie op het gebied van valutaomrekening kunnen stimuleren.

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