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

Unfavorable exchange rates can erode spending power in the years after a move.

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For Elliott, “Argentina needs a much lower exchange rate, much higher interest rates and a significant economic contraction” to stabilize the balance of payments.

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The Treasury Department said Tuesday that Bessent highlighted the importance of “sound monetary policy” and preventing “excess exchange rate volatility.”

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For 2025, the company backed its outlook and said it remains confident in its ability to further increase its operating margin, as well as deliver recurring net-profit growth at constant exchange rates.

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Milei sharply devalued the peso to unify an array of exchange rates and curb a chronic budget gap that was funded by printing money.

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Related Words

• rate of exchange