: the ratio at which the principal unit of two currencies may be traded
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Along Mexico's northern border, the minimum wage is 50% higher than in the rest of the country, but workers still earn roughly $2.62 per hour, or roughly $21 per day, at the current exchange rate.—Lauren Villagran, USA TODAY, 27 Feb. 2025 Net worths were based on stock prices and exchange rates as of the close of markets on Feb. 7 and real-time net worths on Forbes.com may reflect different valuations.—Jane Ho, Forbes, 26 Feb. 2025 This system stabilized exchange rates, linked economies and simplified international trade.—Gabriel O. Rodriguez, Sacramento Bee, 26 Feb. 2025 Overall, revenue rose 32% to £617 million ($777 million based on current exchange rates).—Kurt Badenhausen, Sportico.com, 19 Feb. 2025 See All Example Sentences for exchange rate
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