foreign exchange

noun

1
: a process of settling accounts or debts between persons residing in different countries
2
: foreign currency or current short-term credit instruments payable in such currency

Examples of foreign exchange in a Sentence

Our country has to export more in order to earn more foreign exchange.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The company has expanded its trading business into areas including stocks, commodities and foreign exchange, while its non-trading revenue includes stablecoin and institutional custody. Jenny Lee, CNBC, 10 Sep. 2026 Some companies have come out on the bright side after riding the waves of Nigeria’s persistent inflation and foreign exchange uncertainty, like MTN Nigeria, the local unit of the South African telecom giant, and ecommerce company Jumia. Alexander Onukwue, semafor.com, 4 Sep. 2026 The firm was also impacted negatively by financial expenses, and lower foreign exchange gains compared with the same period last year. Sofia Celeste, Footwear News, 3 Sep. 2026 Summary Nigeria will rejoin FTSE Russell's frontier market equity indexes on September 21, reversing its 2023 removal due to foreign exchange repatriation difficulties. Dara-Abasi Ita, Forbes.com, 28 Aug. 2026 See All Example Sentences for foreign exchange

Word History

First Known Use

1623, in the meaning defined at sense 1

Time Traveler
The first known use of foreign exchange was in 1623

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Cite this Entry

“Foreign exchange.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/foreign%20exchange. Accessed 14 Sep. 2026.

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