rate of exchange
noun phraseDefinition of rate of exchange
: the amount of one currency that will buy a given amount of another
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“Rate of exchange.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rate%20of%20exchange. Accessed 21 May. 2022.
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Time Traveler for rate of exchange
The first known use of rate of exchange was circa 1741
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