: the ratio at which the principal unit of two currencies may be traded
Examples of exchange rate in a Sentence
Recent Examples on the WebFor starters, the exchange rate went against See-Saw during the development of The King’s Speech.—Etan Vlessing, The Hollywood Reporter, 10 Sep. 2023 That's nearly $1.3 million at current exchange rates.—Mike Duff, Car and Driver, 18 Aug. 2023 The city's stock exchange on Tuesday repealed a section in its listing rules that previously required companies to spell out risk factors relating to China's political, legal, business and economic environment, its foreign-exchange controls and the yuan exchange rate.—WSJ, 1 Aug. 2023 At the peso’s weakest point in recent years, in April 2020, the exchange rate was about 25 for one dollar.—J. Edward Moreno, New York Times, 31 July 2023 Favorable exchange rates mean your budget could stretch even further overseas.—Zach Wichter, USA TODAY, 26 July 2023 Pan will now be charged with tackling an array of challenges: including limiting contagion from the property industry and local governments’ debt problems, attracting foreign investors to China’s financial markets and creating a sustainable exchange rate regime.—Laura He, CNN, 26 July 2023 The authority charges $8 Canadian for the $4 U.S. toll, currently $1 Canadian exchanges for about $0.76 U.S.
Because of this exchange rate, travelers typically opt for paying using cards rather than cash, according to the MBA.—Miriam Marini, Detroit Free Press, 26 July 2023 Tinubu has since reorganized the exchange rate system as part of a series of reforms to galvanize one of Africa’s biggest economies, including abolishing costly gasoline subsidies.—Ruth Olurounbi, BostonGlobe.com, 16 Sep. 2023 See More
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.
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