exchange rate
Definition of exchange rate
: the ratio at which the principal unit of two currencies may be traded
From the M-W Editors
1855
First Known Use of exchange rate
1855
EXCHANGE RATE Defined for English Language Learners
exchange rate
Definition of exchange rate for English Language Learners
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: a number that is used to calculate the difference in value between money from one country and money from another country
Learn More about exchange rate
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See words that rhyme with exchange rate Britannica English: Translation of exchange rate for Arabic speakers Britannica.com: Encyclopedia article about exchange rate
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