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
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Revenue in the third quarter of 2024 were flat at constant exchange rates, impacted by consumer confidence, the company said. Sofia Celeste, WWD, 29 Oct. 2024 Through the first three quarters of 2024, Gucci is down over 20% from $7.9 billion (€7.3 billion) last year to $6.2 billion (€5.7 billion) at current exchange rates. Pamela N. Danziger, Forbes, 28 Oct. 2024 At current exchange rates, that is equal to a vehicle priced at a little more than $21,000. Sean Conlon, CNBC, 21 Oct. 2024 As for the actual strength of the yuan, its value relative to the dollar has seesawed in the past few years, despite the PBOC’s efforts to keep a stable exchange rate. Chan Ka Sing, Reuters, 26 Sep. 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 16 Nov. 2024.

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