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.

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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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Etymology

Origin of exchange rate

First recorded in 1895–1900

Example Sentences

The exchange rate is “strictly tied to capital rotation from the U.S. to Europe,” Pesole said.

From The Wall Street Journal

The company confirmed its medium-term guidance of sales growth at constant exchange rates, but added that the economic and geopolitical environment remains uncertain.

From The Wall Street Journal

"Geopolitical tensions, commercial conflicts, exchange rate fluctuations, and a loss of confidence by households weighed on our exports," said the Federation's president, Gabriel Picard.

From Barron's

Meanwhile, exchange rates and inflation have further affected some aspiring travelers, especially Canadians.

From Salon

“They’ve come up with their valuations and their share exchange rates, and you don’t know how accurate those numbers are, particularly since neither one is public.”

From The Wall Street Journal

Related Words

• rate of exchange