exchange rate

noun

Definition of exchange rate

: 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 In addition, the SEC will allow projects to raise up to NGN 10 billion — roughly $24.1 million based on the official exchange rate. Oluwaseun Adeyanju, Forbes, 14 May 2022 So consumers pay a flat 200 milims — or roughly 7 cents at the official exchange rate — for each freshly baked baguette. Washington Post, 14 Apr. 2022 The foreign currency exchange rate gains were generated from bonds issued by Berkshire Hathaway and denominated in British Pounds, euros, and Japanese Yen. Bill Stone, Forbes, 2 May 2022 Local fintech experts however say that lack of confidence in the local currency is the main driver of inflation—now above 70%—and exchange rate distortions, that are hobbling Zimbabwe’s economy. Tawanda Karombo, Quartz, 28 Apr. 2022 Great Wall Motor has stopped supplying new cars to dealers in Russia because of the exchange rate fluctuations. Laura He, CNN, 17 Mar. 2022 Based on current exchange rate information, that works out to about $150,000. Jaime Adame, Arkansas Online, 10 Jan. 2022 But that only created a parallel black market where the rupee was worth about two-thirds of the official exchange rate. New York Times, 12 Apr. 2022 Any ruble payments would be at the value calculated with the official exchange rate set by the Russian central bank. Anna Hirtenstein And Alexander Osipovich, WSJ, 6 Mar. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'exchange rate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of exchange rate

1855, in the meaning defined above

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Time Traveler for exchange rate

Time Traveler

The first known use of exchange rate was in 1855

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Dictionary Entries Near exchange rate

exchange office

exchange rate

exchange student

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Statistics for exchange rate

Last Updated

18 May 2022

Cite this Entry

“Exchange rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/exchange%20rate. Accessed 21 May. 2022.

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More from Merriam-Webster on exchange rate

Britannica English: Translation of exchange rate for Arabic Speakers

Britannica.com: Encyclopedia article about exchange rate

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