exchange rate

noun

1. the ratio at which a unit of the currency of one country can be exchanged for that of another country.

exchange rate

noun

1. the rate at which the currency unit of one country may be exchanged for that of another

exchange rate

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.

Word History and Origins

Origin of exchange rate¹

First recorded in 1895–1900

Example Sentences

The clearest sign of such a twist of the liquidity tap in Tokyo would be action to halt the slide in the yen’s exchange rate, which hit 158 to the dollar Thursday.

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The clearest sign of such a twist of the liquidity tap in Tokyo would be action to halt the slide in the yen’s exchange rate, which hit 158 to the dollar Thursday.

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One reason for this is the exchange rate.

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The arrests were never officially announced but coincided with a series of police operations against the publication of parallel exchange rates on web pages that were subsequently removed.

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Stripping out exchange rate factors, the increase was 10 percent, the company said.

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Related Words

• rate of exchange