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
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That would mean the currencies had a 1:1 exchange rate. Greg Iacurci, CNBC, 30 Nov. 2024 But economists differed widely on the extent of any such currency depreciation from the current exchange rate of about 7.2, with estimates ranging from 7.3 to 8 per dollar in 2025. Christiaan Hetzner, Fortune Asia, 29 Nov. 2024 This escalation drove up import costs while cutting export revenues, worsening the exchange rate balance and contributing to a weaker ruble. Yaakov Katz, Newsweek, 28 Nov. 2024 After the brain calculates the exchange rate, you get paid in the neural currency of reward, the delivery of neurotransmitters that signal pleasure and goal attainment. Sigal Samuel, Vox, 25 Nov. 2024 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

Dictionary Entries Near exchange rate

Cite this Entry

“Exchange rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/exchange%20rate. Accessed 17 Dec. 2024.

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