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fixing

固定 ／ fixed-rate　—　Institutions

Settling that something shall not move.

Gorgoneion Tetradrachm Gorgoneion TetradrachmCirca 510–507 BC Vierlander (common silver of the four lands) Vierlander (common silver of the four lands)Established 1433 Écu d'or Écu d'orLate 16th to early 17th century
A photograph of the real thing this term names.

⚠ Fixing exchange rates or relative values is convenient, but it makes it impossible to adjust for accumulating discrepancies. A fixed system slowly distorts, then breaks all at once.