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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Foreign currency transaction loss increased to $4.6 million from $1.1 million, primarily due to unfavorable exchange rates affecting the outstanding Series Bonds denominated in Israeli new shekels. Quartz Bot, Quartz, 14 Nov. 2024 Net worth figures are based on exchange rates and stock prices on Oct. 18, 2024. Jane Ho, Forbes, 6 Nov. 2024 The Big Mac Index was first used by The Economist in 1986 to illustrate purchasing power parity between nations, as a way to see how far from a global average currencies are to determine the equality of exchange rates. David Faris, Newsweek, 4 Nov. 2024 The announcement of key county-level results, rather than race calls, is a primary driver of exchange rates as early results are reported, the bank noted. Carter Johnson, Fortune, 29 Oct. 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 28 Nov. 2024.

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