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

The MAS uses the exchange rate rather than interest rates as its main policy tool because Singapore’s trade flows dwarf its domestic economic activity.

From The Wall Street Journal ● Jul. 27, 2026

The MAS uses the exchange rate as its policy tool due to Singapore’s small and open economy.

From The Wall Street Journal ● Jul. 24, 2026

Most investors aren’t concerned about exchange rate changes between Japan and the U.S. — but there is good reason to pay attention.

From MarketWatch ● Jul. 14, 2026

The visa fee revisions - the first since 1978 - were made to "reflect inflation and exchange rate fluctuations", Foreign Minister Toshimitsu Motegi told reporters on Friday.

From BBC ● Jun. 22, 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