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exchange rate Definition

exchange rate

noun

the rate at which the currency of one country or region can be exchanged for that of another country or region

exchange rate Finance Definition

The expression of one nation’s currency in terms of another nation’s currency. It is the price at which one currency can be traded for another.

exchange rate Usage Examples

Preposition: of

day: We use the exchange rate of the day, so you save time, hassle and money.

Possessives

today: You can convert them to your own currency at today's exchange rates.

Converse of object

  • use: We use the exchange rate of the day, so you save time, hassle and money.
  • get: However, please remember to get the exchange rate available at www.xe.com.
  • regard: This instrument is a measure for market expectations of the direction of uncertainty regarding the future exchange rate.
  • list: All of these costs are affected by changes in the cost of buying foreign currency, as per exchange rates listed above.

Adjective modifier

  • present: Value for Money due to the present exchange rate.
  • future: This instrument is a measure for market expectations of the direction of uncertainty regarding the future exchange rate.

Modifies a noun

  • system: The longest lasting fixed exchange rate system was known as the gold standard.
  • objective: It was called White Wednesday by those who hated an exchange rate objective and were delighted to break free.
  • link: In British circumstances, this was to borrow the anti-inflationary credibility of the Bundesbank by an exchange rate link with the D-mark.