rate of exchange

noun phrase

Definition of rate of exchange

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

First Known Use of rate of exchange

circa 1741, in the meaning defined above

Learn More About rate of exchange

Time Traveler for rate of exchange

Time Traveler

The first known use of rate of exchange was circa 1741

See more words from the same year

Dictionary Entries Near rate of exchange

rate-of-climb indicator

rate of exchange

rate of interest

See More Nearby Entries 

Statistics for rate of exchange

Cite this Entry

“Rate of exchange.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rate%20of%20exchange. Accessed 21 May. 2022.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

WORD OF THE DAY

Test Your Vocabulary

Name That Color

  • a light greenish blue color
  • Name that color:
Name That Thing

Test your visual vocabulary with our 10-question challenge!

TAKE THE QUIZ
Universal Daily Crossword

A daily challenge for crossword fanatics.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!