The exchange rate of a country's unit of currency is the amount of another country's currency that you get in exchange for it.
exchange rate in British English
noun
the rate at which the currency unit of one country may be exchanged for that of another
exchange rate in American English
the rate at which the currency of one country or region can be exchanged for that of another country or region
exchange rate in Finance
(ɪkstʃeɪndʒ reɪt)
Word forms: (regular plural) exchange rates
noun
(Finance: Foreign exchange)
The exchange rate of a country's unit of currency is the amount of another country's currency thatyou get in exchange for it.
The exchange rate was becoming steadily more and more overvalued, which meant that import prices werefalling.
The cost booked at the date of purchase uses the exchange rate at that date.
The exchange rate of a country's unit of currency is the amount of another country's currency thatyou get in exchange for it.
fixed exchange rate
Talking about exchange ratesA favorable exchange rate is one that gives you an advantage. If exchange rates are getting worse,they are falling, and if they are getting better, they are rising.A fixed exchange rate is one that will not change.
Jefferson said earnestly, `Joe, if you're paying interest on an overdraft, I insist on giving you double the official exchange rate.
Davis, John Gordon SEIZE THE RECKLESS WIND (1993)
I couldn't function, knowing I had - oh, what's the exchange rate ?
Bringle, Mary DEATH OF AN UNKNOWN MAN (1993)
The official exchange rate was twenty-seven cordobas to the dollar.
O'Connor, Joe DESPERADOES (1993)
I said to spend her mercies where the exchange rate was a little better.
Parker, T. Jefferson SUMMER OF FEAR (1993)
In other languages
exchange rate
British English: exchange rate /ɪksˈtʃeɪndʒ reɪt/ NOUN
The exchange rate of a country's unit of currency is the amount of another country's currency that you get in exchange for it.
...a high exchange rate.
American English: exchange rate
Arabic: سِعْرُ الصَّرْف
Brazilian Portuguese: taxa de câmbio
Chinese: 兑换率
Croatian: tečaj valute
Czech: směnný kurs
Danish: vekselkurs
Dutch: wisselkoers
European Spanish: tipo de cambio
Finnish: valuuttakurssi
French: taux de change
German: Wechselkurs
Greek: τιμή συναλλάγματος
Italian: tasso di cambio
Japanese: 為替レート
Korean: 환율
Norwegian: vekslingskurs
Polish: kurs wymiany
European Portuguese: taxa de câmbio
Romanian: curs de schimb
Russian: обменный курс
Latin American Spanish: tipo de cambio
Swedish: växlingskurs
Thai: อัตราแลกเปลี่ยน
Turkish: döviz kuru
Ukrainian: курс валют
Vietnamese: tỉ giá ngoại hối
All related terms of 'exchange rate'
rate of exchange
A rate of exchange is the same as an → exchange rate .
fixed exchange rate
a country's exchange rate regime under which the government or central bank ties the official exchange rate to another country's currency
foreign exchange rate
the rate that specifies how much the currency of a nation is worth in terms of the currency of another nation
forward exchange rate
the exchange rate of a currency to be delivered at a later date
Exchange Rate Mechanism
the mechanism formerly used in the European Monetary System in which participating governments committed themselves to maintain the values of their currencies in relation to the ECU
floating exchange rate
a system in which the value of a currency fluctuates against other currencies in accordance with market forces
Exchange Rate Mechanism II
the mechanism used to stabilize the currencies of European Union states that have not adopted the euro but wish to maintain the value of their currency in relation to it