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.
The exchange rate had plunged to more than 1 million rials during the country’s extended celebration of the Persian New Year, Nowruz, with currency shops closed and only informal trading taking place on the streets, creating additional pressure on the market. Nasser Karimi and Jon Gambrell, Los Angeles Times, 5 Apr. 2025 The company highlighted several risk factors, including global economic conditions, trade restrictions, and fluctuations in foreign currency exchange rates. Quartz Intelligence Newsroom, Quartz, 28 Mar. 2025 That represents a widening gap with the official exchange rate, which stands at 69 bolívars per dollar. Antonio Maria Delgado, Miami Herald, 27 Mar. 2025 While Remy moved to Loftus Road for £8million ($10.4m at current exchange rates), Habibou was left hanging. Beren Cross, New York Times, 25 Mar. 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 16 Apr. 2025.

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