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 During his time as a UC Berkeley professor, Lyons specialized in the study of international finance and global exchange rates, according to the press release. Sierra Lopez, The Mercury News, 10 Apr. 2024 That has made the United States currency both indispensable and scarce, creating a murky black market in which the dollar’s value far outpaces the exchange rate artificially set by the government of about 31 pounds to the dollar. Nada Rashwan, New York Times, 5 Mar. 2024 While a bit exaggerated, this does explain a situation in which wages are being obliterated in real terms as the peso-dollar exchange rate remains contained. Agustino Fontevecchia, Forbes, 29 Mar. 2024 Revenue jumped 22% to 2.36 billion euros ($2.53 billion at the average exchange rate in 2023) while normalized earnings before interest, taxes, depreciation and amortization (EBITDA) grew 32% to 501.4 million euros ($542.7 million). Glenn Peoples, Billboard, 26 Mar. 2024 The exchange rate strongly affects other markets, including housing and rentals. Amir Vahdat, Quartz, 24 Mar. 2024 All references to $ are to USD, being derived from the Canadian dollar amounts at an exchange rate of 0.74. Fort Worth Star-Telegram, 5 Mar. 2024 Under the official exchange rate, $1 is about 355 Argentine pesos. Bryan Pietsch, Washington Post, 12 Dec. 2023 Most exchange offices in or around the historic bazaar are offering to buy dollars at exchange rates even better than the current market rate to meet the soaring demand. Scott McLean, CNN, 20 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'exchange rate.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1855, in the meaning defined above

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

Dictionary Entries Near exchange rate

Cite this Entry

“Exchange rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/exchange%20rate. Accessed 25 Apr. 2024.

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