crawling peg
"crawling-peg" is a 11-letter English headword indexed on PlainSpell.
The verdict
“crawling peg” is uncommon English (outside the top frequency list), classed as a noun. The kind of spelling people second-guess.
- Unranked
- below top-frequency English
- 12
- letters
According to Wiktionary data (CC BY-SA, analyzed September 3, 2026) - An exchange rate regime that allows depreciation or appreciation to happen gradually.
Corpus desk
Index EN-crawling-peg · crawling peg · English
crawling peg · unranked · 0 variants · 0 confusables
- FREQ-UNRANKED Unranked
- LEN-MEGA 12 letters
- VOW-3 3 vowels
- CONFUS-0 No pairs
- VAR-0 0 variants
- BOOK-THIN "C" thin
- PHOTO-UNK Peer pending
Read with this headword: Spelling guide for this pattern
Desk codes from Wiktionary headword shape, FrequencyWords rank tier, confusable-pair count, generated misspelling depth, letter-cohort book size, and photo-finish peer. Not a difficulty grade.
| Property | Value |
|---|---|
| Headword | crawling peg |
| Language | English |
| Part of speech | Noun |
| Letters | 12 |
| Misspellings tracked | 0 |
| Confusable pairs | 0 |
| Source | Wiktionary (kaikki.org) |
Long-tail rank of “crawling peg” in English
Rare enough to double-check
crawling peg is uncommon English outside the top frequency list, classed as anoun. Rarity is why readers land here mid-draft. Gloss: "An exchange rate regime that allows depreciation or appreciation to happen gradually.".
crawling peg doesn't appear in our generated misspelling index, a straightforward case of a spelling with little room for common typos. This entry stands alone in our confusable dataset, suggesting its spelling stands apart enough that readers rarely confuse it with something else.
Etymologically, the entry records: Coined by English economist John Williamson. The correct English form is crawling peg, spelled C-R-A-W-L-I-N-G- -P-E-G.
Definition
- 1An exchange rate regime that allows depreciation or appreciation to happen gradually.
Recorded use
Wiktionary examplesThese source excerpts show how crawling peg appears in context. They illustrate usage; the definition above remains the entry’s reference meaning.
Many analysts assume that a floating rate would have the same general tendency over time as a rate devaluing according to a crawling peg, but this is not certain. If the exchange rate is “undervalued,” for example, in the sense that foreign exchange is in excess supply, a crawling-peg policy would preserve the undervaluation; a floating exchange rate woul…
“Many emerging-market economies have tried a number of technical devices: the fixed rate peg, varieties of crawling peg, currency boards and even dollarization,” Mr. Greenspan said in a recent speech. “The success has been mixed. Where successful, they have been backed by sound policies.”
Etymology
Coined by English economist John Williamson.
Definitions, pronunciation, and etymology for this entry are drawn from Wiktionary via the kaikki.org structured extract (CC BY-SA). See the methodology for how each field is sourced and updated.