the rate at which the currency unit of one country may be exchanged for that of another
WordReference Random House Learner's Dictionary of American English © 2025
exˈchange ˌrate, n. [countable]
WordReference Random House Unabridged Dictionary of American English © 2025- Banking, Businessthe ratio at which a unit of the currency of one country can be exchanged for that of another country:The exchange rate was ten pesos for one U.S. dollar.
exchange′ rate′,
- Banking, Businessthe ratio at which a unit of the currency of one country can be exchanged for that of another country. Also called rate of exchange.
- 1895–1900
Collins Concise English Dictionary © HarperCollins Publishers::
'exchange rate' also found in these entries (note: many are not synonyms or translations):
ERM
- European Monetary System
- Exchange Rate Mechanism
- clean
- exchange
- financial futures
- parity
- peg
- rate of exchange
- snake
- translate
- valuta