FTB-C000193 / Financial concept

Currency-Converted Index

A currency-converted index expresses an index's constituent values or level in a selected base currency without necessarily hedging currency exposure.

Also known asconverted-currency index

Intermediate 2 linked topicsEvidence-reviewed

Definitions

In plain terms

Its performance reflects both local asset movement and exchange-rate movement against the base currency.

Technical

The methodology declares source index, base and local currencies, FX sources and cutoffs, conversion direction, holidays, corporate actions, divisor or recurrence, and return variant.

Scope

Currency conversion changes the measurement unit but does not neutralize currency risk.

Examples

  • A governed methodology records currency-converted index with its source, cutoff, units, parameters, and effective version.

Common misconceptions

  • Currency-Converted Index does not have one universal implementation without the declared methodology, data basis, and constraints.

Concept relationships

Prerequisites

Contrasts with

Required by

Where this concept is used

Evidence and governance

  1. S&P Dow Jones Indices Index Mathematics Methodology S&P Dow Jones Indices · first party methodology

    Supports: preferred label, short definition, technical definition

    Limits: Authoritative for the provider's indices; conventions are not universal defaults for every index or security-level return series.

  2. Fintech Builder Glossary Definition Contract The Fintech Builder · internal governed contract

    Supports: variant distinction

    Limits: Defines governed platform behavior rather than claiming these policies are universally prescribed by external McClellan methodology.

Reviewed by
fintech-builder-batch-004
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
evidence reviewed

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