the ratio at which a unit of the currency of one country can be exchanged for that of another country.
Which Words Did English Take From Other Languages?English—is one of the most incredible, flavorfully-complex melting pots of linguistic ingredients from other countries. These linguistic ingredients are called loanwords that have been borrowed and incorporated into English. The loanwords are oftentimes so common now, the foreign flavor has been completely lost.
Origin of exchange rate
First recorded in 1895–1900
Also called rate of exchange.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
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
Culture 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.