exchange rate

American  

noun

1. the ratio at which a unit of the currency of one country can be exchanged for that of another country.

---

exchange rate British  

noun

1. the rate at which the currency unit of one country may be exchanged for that of another

---

exchange rate Cultural  

1. The price at which one currency can be purchased with another currency or gold. At any time, for example, one U.S. dollar can purchase a certain number of EU euros or Japanese yen.

---

Etymology

Origin of exchange rate

First recorded in 1895–1900

Example Sentences

"It’s not just about exchange rate stability, or just about inflation. It’s also about paying attention to economic growth and creating jobs," he said.

From Barron's • Jun. 4, 2026

As it turned out, the end of Bretton Woods resolved the balance-of-payments problem since under a floating exchange rate system the balance always nets to zero.

From The Wall Street Journal • May 8, 2026

Warner generated $8.9 billion in revenue, a 3% decline from the same quarter one year ago, excluding the effect of foreign exchange rate fluctuations.

From Los Angeles Times • May 6, 2026

For example, the Financial Times reported that 70% of currency options on the sterling-dollar exchange rate sold last week on the CME were puts, a bet the pound will fall, against 30% calls.

From MarketWatch • May 6, 2026

That’s about two hundred thousand dollars, at the current exchange rate.

From "Warcross" by Marie Lu

Related Words

• rate of exchange