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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At today's exchange rate, about US$1,955 per person per night. Condé Nast, Condé Nast Traveler, 3 June 2026 Gordon wanted the move, but could not force it through, with Everton rejecting bids in the region of £40m (about $54m at current exchange rates). Patrick Boyland, New York Times, 2 June 2026 In 1993, the Fed acted prudently with minor interventions to prevent a severe European exchange rate crisis from affecting our system. Edward Lotterman, Twin Cities, 31 May 2026 Both bikes start at £15,500 (including VAT), which works out to roughly €17,900 or US$20,800 at current exchange rates. New Atlas, 29 May 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 9 Jun. 2026.

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