exchange rate

noun

: the ratio at which the principal unit of two currencies may be traded

Examples of exchange rate in a Sentence

Recent Examples on the Web
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Where necessary, revenue and operating income numbers are converted to U.S. dollars based on the average exchange rate during the season (€1 = $1.08, £1 = $1.26, £1 = €1.16). Justin Teitelbaum, Forbes.com, 30 May 2025 When customers scan the QR code at checkout, Square handles things behind the scenes, including real-time exchange rates and confirmation. Mackenzie Sigalos, CNBC, 27 May 2025 The $1,100 price is in New Taiwan Dollars, or NTD; that worked out at today's exchange rate to about $36.50. John Burek, PC Magazine, 19 May 2025 Along with interest rate hikes, exchange rate volatility has increased the risk of corporate defaults. Andrei Yakovlev, Foreign Affairs, 16 May 2025 See All Example Sentences for exchange rate

Word History

First Known Use

1855, in the meaning defined above

Time Traveler
The first known use of exchange rate was in 1855

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Cite this Entry

“Exchange rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/exchange%20rate. Accessed 3 Jun. 2025.

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