- the ratio at which a unit of the currency of one country can be exchanged for that of another country.
Origin of exchange rate
First recorded in 1895–1900
Also called rate of exchange.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for exchange rate
[W] thout an exchange-rate safety valve you need an alternate way to rebalance economies.Countdown to Euro Crack-Up
May 31, 2012
- the rate at which the currency unit of one country may be exchanged for that of another
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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