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

Officials also said goals of stable growth and a reasonable recovery in prices will be taken into account for monetary policy, and vowed to keep the yuan’s exchange rate stable.

From The Wall Street Journal

However, exchange rates have moved a lot in 2025, with the euro having gained around 12% against the dollar so far this year.

From The Wall Street Journal

Today the gold standard is gone, and the trade balance affects exchange rates rather than the money supply.

From The Wall Street Journal

Chief Economist Philip Lane said the central bank’s modeling showed markedly lower inflation for three years in response to a 10% gain in the euro’s exchange rate.

From The Wall Street Journal

One-week risk reversals for euro versus sterling showed greater demand for call options, or bets on the exchange rate rising, over put options that anticipate falls.

From The Wall Street Journal

Related Words

• rate of exchange