Current dollar [or any other currency]

Current dollar [or any other currency],

Definition of Current dollar [or any other currency]:

  1. Present purchasing-power of a currency. In inflationary periods historical costs are adjusted to reflect the effects of inflation (are inflated) by using an index (such as consumer price index or CPI) to convert them into current or replacement costs. See also constant dollar [or any other currency].

Meaning of Current dollar [or any other currency] & Current dollar [or any other currency] Definition