: the ratio at which the principal unit of two currencies may be traded
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According to Bain & Company, the global luxury market experienced a decline of 1% to 3% at current exchange rates last year, but beauty and jewelry still managed to grow.—Milena Lazazzera, CNN Money, 22 Aug. 2025 The exchange rate markup for banks runs between 3% and 6% of the amount being converted.—Andreina Rodriguez,maya Benjamin, CNBC, 21 Aug. 2025 Yeoh revealed that a Grand Prix would demand a financial commitment of around RM 300 million, which, in USD, as per current exchange rates, is $71 million annually, a figure that exceeds the Malaysian Government's current budget for 20 sports programs.—Saajan Jogia, MSNBC Newsweek, 21 Aug. 2025 The Bretton Woods exchange rate system made U.S. farm products expensive in world markets.—Edward Lotterman, Twin Cities, 17 Aug. 2025 See All Example Sentences for exchange rate
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