exchange rate

SEE SYNONYMS FOR exchange rate ON THESAURUS.COM

noun

the ratio at which a unit of the currency of one country can be exchanged for that of another country.
Also called rate of exchange.

Origin of exchange rate

First recorded in 1895–1900

Words nearby exchange rate

excess-profits tax, excessive, exch., exchange, exchange force, exchange rate, exchange rate mechanism, exchange student, exchange transfusion, exchangeable, exchangee

Example sentences from the Web for exchange rate

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

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.