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

Lamont was the U.K. chancellor who tried — unsuccessfully — to keep the U.K. in the European exchange rate mechanism.

From MarketWatch ● Sep. 9, 2026

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

This means the inflation-adjusted yuan exchange rate has plummeted.

From The Wall Street Journal ● Aug. 28, 2026

The government has instituted a heavily subsidized exchange rate for up to $3.5 billion of imports such as wheat, medicine and baby formula, giving priority to essentials over other uses of scarce dollars.

From The Wall Street Journal ● Aug. 11, 2026

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

From "Warcross" by Marie Lu

Related Words

• rate of exchange