the ratio at which a unit of the currency of one country can be exchanged for that of another country.
- Also called rate of exchange.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use exchange rate in a sentence
He changed posts again in May 1972, when Nixon named him treasury secretary, and he became the administration’s point person on international efforts to eliminate fixed exchange rates for currencies.George P. Shultz, counsel and Cabinet member for two Republican presidents, dies at 100 | Michael Abramowitz, David Hoffman | February 8, 2021 | Washington Post
South America, for instance due to macro issues, exchange rate, etc.Is it Too Late for General Motors to Go Electric? (Ep. 442) | Stephen J. Dubner | December 3, 2020 | Freakonomics
At any point in the last few years, Nigeria’s naira has always had multiple exchange rates.Nigeria’s defense of a spiraling naira and its multiple exchange rates isn’t working | Yomi Kazeem | November 30, 2020 | Quartz
Air exchange rate ranges from less than one for homes to around 15-25 for hospital operating rooms.When COVID-19 Superspreaders Are Talking, Where You Sit In The Room Matters | LGBTQ-Editor | October 11, 2020 | No Straight News
“Farmers are trying to reduce the uncertainties, and the foreign exchange rate is one of them,” Safras analyst Luis Fernando Roque said.Farmers are selling soybeans two years in advance in rare trade | Rachel Schallom | August 25, 2020 | Fortune
In just a few hours on Tuesday, the dollar exchange rate collapsed from 64 to 80 rubles before climbing back to about 68.
On Wednesday, it fell to another record low exchange rate of 54.8 to the dollar.Recession? Devaluation? Inflation? Putin Tells Russia Stay the Course. | Anna Nemtsova | December 4, 2014 | THE DAILY BEAST
Can he get rid of the corrupt multiple exchange rate system and tame inflation?
On the black-market, Iranian moneylenders peg the real exchange rate far higher, at more than 35,000 rials per dollar.Sanctions Are Causing Inflation in Iran and Harming Its Economy | Alex Klein | October 23, 2012 | THE DAILY BEAST
The ads feature items priced in Chinese yuan, which at current exchange rate come out to between $64 and $237.Lady Gaga Meets Julian Assange in Saint Laurent; Facebook May Let You Click To Buy | The Fashion Beast Team | October 9, 2012 | THE DAILY BEAST
England was able for a long time to keep up her exchange rate in New York.
The IMF regularly monitors exchange rate policies, the general economic situation and other economic policies.After the Rain | Sam Vaknin
This exchange rate was valid only for commercial transactions.Area Handbook for Bulgaria | Eugene K. Keefe, Violeta D. Baluyut, William Giloane, Anne K. Long, James M. Moore, and Neda A. Walpole
They hammered the exchange rate down and bought silver, then boosted the rate skyward and sold.The Philippines: Past and Present (Volume 1 of 2) | Dean Conant Worcester
British Dictionary definitions for exchange rate
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
Cultural definitions for exchange rate
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.