exchange rates

exchange rate

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:
1895–1900
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Exchange rates is always a great word to know.
So is interrobang. Does it mean:
a screen or mat covered with a dark material for shielding a camera lens from excess light or glare.
a printed punctuation mark (‽), available only in some typefaces, designed to combine the question mark (?) and the exclamation point (!), indicating a mixture of query and interjection, as after a rhetorical question.
American Heritage
Cultural Dictionary

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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