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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The average salary in Algeria is 42,800 dinars, the equivalent of approximately $330 according to the official exchange rate, and less than $235 on the informal market. ABC News, 1 Mar. 2026 But Levy tried to play it slow, starting the bidding at £3million ($4m at current exchange rates) plus young midfielder Josh Onomah. Jack Pitt-Brooke, New York Times, 28 Feb. 2026 In one case, the father of a 13-year-old was told to declare his son a member of the Basij forces or pay around six billion rials – roughly $4000-$5,000 depending on the volatile exchange rate – according to messages sent to activist group IranWire and seen by CNN. Jomana Karadsheh, CNN Money, 26 Feb. 2026 Sebban notes that in global sourcing, tariffs, duties, and exchange rates can make final product costs difficult to decipher, particularly for newer brands. Matt Emma, USA Today, 26 Feb. 2026 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 Mar. 2026.

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