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 Converting those Cuban pesos to other currencies poses yet another challenge, as there are several, highly fluctuating exchange rates in the island. Andrea Rodríguez, Quartz, 27 Apr. 2024 In a conversation with reporters, Japan Airlines CEO Mitsuko Tottori suggested that business leaders would be more comfortable with an exchange rate of around 130 yen to the U.S. dollar. Lionel Lim, Fortune Asia, 25 Apr. 2024 See all Example Sentences for exchange rate 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'exchange rate.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 7 May. 2024.

More from Merriam-Webster on exchange rate

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