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exchange rate

noun
1.
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
1895-1900
1895-1900
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for exchange rate
  • Plus, get the best exchange rate and avoid standing in long bank lines.
  • Avoid anyone who promises you a better exchange rate than what you will receive at a proper business.
  • Nowhere does he say, or even hint, that it is impossible for an exchange rate shift to influence trade balances.
  • Meanwhile, the exchange rate was artificially high, leading to a sharp rise in the trade deficit.
  • One is change in the nominal dollar-yuan exchange rate.
  • In countries prone to high inflation, a stable exchange rate helps to anchor prices.
  • The exchange rate was floated, foreign-exchange controls were scrapped and financial markets were deregulated.
  • Generally, it accepts any posted exchange rate that is used consistently.
  • The rate at which outdoor air replaces indoor air is described as the air exchange rate.
British Dictionary definitions for exchange rate

exchange rate

noun
1.
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
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exchange rate in Culture

exchange rate definition


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 American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Difficulty index for exchange rate

Few English speakers likely know this word

Word Value for exchange

21
23
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