exchange rate

American  

noun

• exchange rates
  plural

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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Other Word Forms

Noun Inflected Forms

• exchange rates
  plural

Etymology

Origin of exchange rate

First recorded in 1895–1900

Example Sentences

See Examples For:

exchange rate

Look at the real, inflation-adjusted exchange rate, and the currency is still down roughly 15% since 2022.

From The Wall Street Journal ● Aug. 4, 2026

Treasury Department, it staged a joint intervention in forex markets last week to strengthen the yen/dollar exchange rate.

From MarketWatch ● Aug. 3, 2026

Treasury Department has informed banks that it might make currency trades on Friday to support the Japanese yen and strengthen its exchange rate against the dollar, according to a person familiar with the matter.

From The Wall Street Journal ● Jul. 31, 2026

The sum -- equal to more than $1 billion at the exchange rate at the time of the ruling -- led local media to dub it the "divorce of the century".

From Barron's ● Jul. 24, 2026

For one thing, the exchange rate was bad and the rooms—besides being paid in advance, and with my money—were already rather more than I could afford.

From "The Secret History" by Donna Tartt

Related Words

• rate of exchange