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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The total is approximately $796,600 including tax based on the exchange rate used at the time. — Kurt Knutsson, FOXNews.com, 20 Sep. 2026 Use specialist currency transfer services rather than bank-to-bank transfers, especially for large conversions, to get a better exchange rate and save on fees. — Tom Zachystal, Forbes.com, 18 Sep. 2026 Foreign currency account with preferential exchange rates and no conversion fees. — Carson Brunson, CNBC, 9 Sep. 2026 The vast gulf in the official exchange rate and the rate paid by virtually all normal Iranians has fueled concern over currency volatility and the rising cost of imports and other goods inside the country. — Mark Osborne, CBS News, 7 Sep. 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 25 Sep. 2026.

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