rate of exchange

noun phrase

: the amount of one currency that will buy a given amount of another

Word History

First Known Use

circa 1741, in the meaning defined above

Time Traveler

The first known use of rate of exchange was circa 1741

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“Rate of exchange.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rate%20of%20exchange. Accessed 3 Jul. 2025.

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rate of exchange

noun phrase

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