Constant currency growth

Constant currency growth is a company's revenue growth rate recalculated as if exchange rates had stayed the same as the prior period, stripping out the effect of currency movements. It is commonly reported by companies with significant international revenue.

Because reported revenue growth is measured in a single currency, usually the US dollar, a strengthening dollar can make international revenue look weaker than the underlying business actually performed, and a weakening dollar can flatter it. Constant currency growth is meant to isolate how the business itself actually performed, separate from currency swings and, for that reason, separate from organic growth, which typically strips out the effect of acquisitions instead.