(economics, finance) The rate at which one currency can be exchanged for another, usually expressed as the value of the one in terms of the other.
Exchange-rate Sentence Examples
The declaration of peace brought the exchange rate down to the neighbourhood of 10,000, where it remained, with the exception of a short period during the Panama Canal negotiations, when it fell to .6000.
bailout money was supposed to be used to support the exchange rate.
You can perform foreign exchange rate calculations, using live, up-to-the-minute mid market currency rates.
And exchange rate certainty within a large market area is, of course, a very considerable prize.
The website provides a free currency converter which will give you the current exchange rate from GBP to your own currency.