exchange rate

American  

noun

• exchange rates
  plural

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

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exchange rate British  

noun

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

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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.

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Other Word Forms

Noun Inflected Forms

• exchange rates
  plural

Etymology

Origin of exchange rate

First recorded in 1895–1900

Example Sentences

See Examples For:

exchange rate

A rising dollar-won exchange rate, which indicates a weakening Korean won, had closely tracked the rally in chip stocks over the first half of the year.

From MarketWatch ● Sep. 7, 2026

Treasury Department, it staged a joint intervention in forex markets last week to strengthen the yen/dollar exchange rate.

From MarketWatch ● Aug. 3, 2026

The MAS uses the exchange rate as a policy tool for maintaining price stability, thanks to Singapore’s small and open economy.

From The Wall Street Journal ● Jul. 24, 2026

The sum -- equal to more than $1 billion at the exchange rate at the time of the ruling -- led local media to dub it the "divorce of the century".

From Barron's ● Jul. 24, 2026

The exchange rate is a farce, the price of carrots indefensible, duplicity lives everywhere.

From "All the Light We Cannot See" by Anthony Doerr

Related Words

• rate of exchange