exchange rate
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noun
the ratio at which a unit of the currency of one country can be exchanged for that of another country.
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Also called rate of exchange.
Origin of exchange rate
First recorded in 1895–1900
Words nearby exchange rate
exchange, exchangeable, exchangee, exchange force, exchanger, exchange rate, Exchange Rate Mechanism, exchange student, exchange transfusion, exchequer, excide
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
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British Dictionary definitions for exchange rate
exchange rate
noun
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
exchange rate
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.
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.