exchange rate

noun

: the ratio at which the principal unit of two currencies may be traded

Examples of exchange rate in a Sentence

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.
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

Word History

First Known Use

1855, in the meaning defined above

Time Traveler
The first known use of exchange rate was in 1855

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Cite this Entry

“Exchange rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/exchange%20rate. Accessed 13 Mar. 2025.

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