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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With its dollar exchange rate breaking the symbolic $100,000 mark, and the largest financial firms in the world embracing a bitcoin strategy, the orange coin can no longer be dismissed. Dave Birnbaum, Forbes, 29 Dec. 2024 The club face a race against time to register €60million ($62m; £49m at current exchange rates) summer signing Dani Olmo and fellow recent arrival Pau Victor under La Liga rules before the end of the month. Pol Ballús, The Athletic, 26 Dec. 2024 Other expenses decreased to $0.1 million from $0.5 million, mainly due to exchange rate fluctuations. Quartz Bot, Quartz, 23 Dec. 2024 Global sales of luxury personal goods like clothing, accessories and beauty products, are expected to be flat at constant exchange rates during the holiday season, according to consulting firm Bain. Mimosa Spencer, USA TODAY, 21 Dec. 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 10 Jan. 2025.

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